From today August 25, customers who use automated teller machine (ATM) cards of the Bank for Investment and Development of Vietnam (Bidv), the country’s second largest state-run bank will enjoy free card issuance charges, said Le Thi Kim Thu, head of Bidv’s card management office.
According to Thu, this is the promotion programme of Bidv with the aim at celebrating the Vietnam’s 60th National Day (September 2). This programme is applied to Bidv’s ATM card products of all kinds, including two of its most typical ATM cards “eTrans365+” card and Van Dam cards.
Normally, the bank regulates card issuance fees to its ATM cards at over 50,000 dong and 30,000 dong once.
Thu said that up to the present, the Bidv has issued more than 170,000 cards of all kinds and obtains about 204 ATMs nationwide.
Thu said that the Bidv is planning to install another 200 new ATMs bringing the number of its cash machines to over 400 machines by the end of this year.
The Bidv’s card products have been added with new functions such as transferring money into term accounts, printing and listing transactions, requiring for issuance of chequebooks and some others.
This free card issuance programme of the bank will be conducted for one month, from August 25 to September 25 this year.
The Bidv, capitalised at 3.87 trillion dong, or US$246.5 million, is ranked the second biggest among Vietnam’s five commercial banks after the Bank for Agriculture and Rural Development in terms of capitalisation.
At present, the bank has total assets of more than 100 trillion dong. It operates about 800 branches nationwide, including eight branches in Hanoi.