Citibank Vietnam last week marked its entry in the local debit card market with the launch of Visa debit cards in HCMC. Unlike credit cards that allow holders to spend money in advance and pay off the credit later, Citibank Visa debit cardholders can withdraw cash and make payment based on the actual balance in their bank accounts only. The bank’s debit cards are expected to help local card users... 

Citibank Vietnam and ACE Life Insurance Co., Ltd. (ACE Life Vietnam) last week announced their cooperation in launching Citibank ACE Life Platinum MasterCard Credit Card. According to Vu Tuyet Van from Citibank, clients wanting to use the card need to have a monthly income of at least VND15 million. The card fee is VND1 million per year with a maximum credit limit of up to VND300 million per... 

Prudential Vietnam Assurance today inked a bancassurance partnership deal with Citibank Vietnam. Prudential Vietnam Assurance offers four life insurance packages which will be available at Citibank branches. Those packages include Educare (Phu An Gia Thanh Tai), Enhanced Pru Save (Phu An Khang Huu Tri), Pru Smart Saver (Phu Hung Thinh) and Universal Life Product (Phu Toan Gia An Phuc). Also, the insurer... 

Citibank Vietnam has become a member of the Vietnam Bank Card network (VNBC) after signing an agreement with ViNa Brilliant Card Company as the network operator, the bank said on Monday. This partnership will allow Citibank Vietnam customers to access their accounts and banking services free of charge at 1,800 VNBC member banks’ ATMs nationwide, in addition to Citibank’s more than 30,000 ATMs... 

Hong Kong-based FinanceAsia magazine has announced its annual Country Awards for Achievement for Vietnam honoring 6 domestic and foreign financial institutions for their achievements in 2010. They include Vietnam Technological and Commercial Joint Stock Bank (Techcombank), Saigon Securities (SSI), VietCapital Securities (VCS), HSBC and Citi. Techcombank tops the two important categories of FinanceAsia...