TienPhongBank opens a branch in HCMC

On 10th October 2008, at the Cotec Building at 14 Nguyễn Trường Tộ Str., District 4, HCMC, TienPhongBank held the opening ceremony for the new branch in HCMC. Many distinguished guests attended the ceremony, including representatives from Vietnam State Bank, the local authorities, banking and financial organizations, enterprises, and media throughout the country.

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20/10/2008

Mr Đào Trọng Khanh (right) – General Director of TienPhongBank

hands over the Decision of establishing the HCMC Branch

to Mr Phan Thanh Sơn (left) – Director of the Branch in HCMC

TienPhongBank Branch in HCMC is the second of 5 branches and tens of transaction centers throughout the country that TienPhongBank plans to open. This is the bank's first office in HCMC.

Also on this occasion, the internet banking service has been launched by TienPhongBank on its website www.tpb.com.vn. With advantage of IT bacground from FPT, TienPhongBank is the first bank in Vietnam that could apply internet banking services right after operation with the friendly features and interface, facilitating customers' transactions at any place and at any time.

Mr. Phan Thanh Sơn, Vice General Director of TienPhongBank, and Director of the HCMC Branch stated: “TienPhongBank wishes to bring comforts in financing life to its customers as well as the high quality of its services. In the modern life, customers should be served in a careful and convenient manner, so that they can use the bank’s services anywhere and anytime.”

The internet banking services introduced by TienPhongBank include:

Online balance and transaction access
Free money transfer between TienPhongBank’s accounts
Inter-bank transfer to any bank in Vietnam with the lowest fee, with a discount of 20%.
Automatic payment for monthly electricity, water, internet, telephone expenses.
Multilayer security: (1) encoded data with SSL technology by Verisign and (2) “one-time-password” technology application by RSA

TienPhongBank's 24/7 MiniBank system allows customers to use Internet Banking Services and ATMs 24 hours a day.

For the opening, TienPhongBank has initiated a special sale promotion with 4,500 vouchers for customers at its TienPhongBank’s branches. Customers will have chance to win a Compaq laptop or a LCD Samsung 32” television. Moreover, the Bank is offering interest rates of 0.2%/year. The promotion lasts from 10^th October 2008 to 8^th November 2008.