SCB launched platinum debit card

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On this special occasion Peter Sands, group chief executive of Standard Chartered Bank globally, joined the country team to congratulate all on this achievement and to encourage further expansion of the bank in the Vietnamese market.

“The launch of the new platinum card is a strong testament to Standard Chartered Bank’s commitment to grow the Priority Banking Customer segment in Vietnam. We see immense potential in this market, and look forward to continued, sustainable development of the banking and finance industry here”, he said.  

The segment of affluent individuals in Asia, including Vietnam, is one of the fastest growing segments in the world. Standard Chartered Bank is committed to bring the world’s best banking services and products to Vietnam, especially for the affluent customer segment that demands excellent service quality.

Through the introduction of the platinum debit card, Standard Chartered Bank hopes to provide its growing affluent customer base with increasing choice in its suite of financial solutions for them.

Louis Taylor, CEO of Standard Chartered Bank (Vietnam) Ltd. shared “In October 2009, we launched our Priority Banking in Vietnam. Since then, we have seen a tremendous increase in the number of our Priority Banking customers, indicating the ever-growing needs of the affluent customer segment. At Standard Chartered Bank, we are always striving to serve our customers better.  We will continue to develop product innovations such as this Platinum card to keep our customer offering as competitive as possible”.

Unique benefits and privileges with Standard Chartered Bank’s platinum debit card include discounted green fees at golf courses in Vietnam and globally, global travel accidental death and disablement insurance with maximum limit up to $500,000, and total daily purchase limit up to VND200 million ($10,000).

In Vietnam, Standard Chartered’s history can be traced back to 1904 when the bank opened its first branch in Saigon (now Ho Chi Minh City).  

Following the official approval from the State Bank of Vietnam, effective August 1, 2009, Standard Chartered commenced operations in its locally incorporated entity – Standard Chartered Bank (Vietnam) Limited.

Standard Chartered Vietnam now has three branches and employs nearly 700 staff. The bank provides a full suite of wholesale banking products and services to corporates and financial institutions. It also has consumer banking to serve individuals and small and medium enterprises.