JCN Newswire
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JCB and Vietnam Prosperity Joint Stock Commercial Bank launch VPBank JCB Credit Card with a focus on Generation Z in Viet Nam

ruth
2 minutes

TOKYO & HO CHI MINH, Feb 6, 2023 - (JCN Newswire via SEAPRWire.com) - JCB International Co. Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, and Vietnam Prosperity Joint Stock Commercial Bank (VPBank), a major commercial bank in Vietnam, announced the launch of VPBank JCB Credit Card in Vietnam.The new VPBank JCB Credit Card is the first credit card which is focused on Generation Z in the Vietnam market. Holders of VPBank JCB Credit Card can access JCB's acceptance network with about 41 million merchants around the world.From the launch date, VPBank is also starting to offer many promotion programs and benefits that meet with the needs of this special target segment of cardholders.The VPBank JCB Credit Card brings special offers to customers, including 10% cashback on everyday spending in F&B, entertainment, fitness, food delivery & transportation; welcome gifts for new cardholders; a 0% installment program that is applicable for transactions at any stores as well as many other special promotions. For more information about promotions and benefit, please visit here[1]. https://www.vpbank.com.vn/ca-nhan/the-...

ACN Newswire
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AEON Credit Revenue of First Nine Months of FY2022/23 Up by 15.2% to HK$887.4 million following Improved Market Sentiment and Successful Mass Promotion Activities

indie
4 minutes

HONG KONG, Dec 21, 2022 - (ACN Newswire via SEAPRWire.com) - AEON Credit Service (Asia) Company Limited ("AEON Credit" or the "Group"; Stock Code: 00900) today announced its results for the nine months ended 30 November 2022 (the "reporting period" or "nine months of FY2022/23") During the reporting period, the Group's revenue rose by 15.2% to HK$887.4 million and operating profit recorded a 17.0% increase to HK$380.7 million. Meanwhile, profit after tax was up by 2.9% to HK$250.3 million, with earnings per share increasing to 59.77 HK cents for the reporting period (nine months of FY2021/22: 58.09 HK cents). Both overseas and local consumer spending showed a progressive recovery in the three months ended 30 November 2022 (the "third quarter"). The improved market sentiment, along with the Group's efforts to capture business opportunities, resulted in a notable growth in sales, which recorded an overall increase of 28.3% when compared with the nine months ended 30 November 2021 (the "previous period" or "nine months of FY2021/22"). The overall increase in sales and revolving credit card and personal loan balances drove a solid increase in interest income, and thus growth in revenue...

ACN Newswire
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AEON Credit Secures its Framework for Sustainability-Linked Loans, Strengthens and Advances its Sustainability Pledge

indie
3 minutes

HONG KONG, Nov 30, 2022 - (ACN Newswire via SEAPRWire.com) - AEON Credit Service (Asia) Company Limited ("AEON Credit" or the "Group"; Stock Code: 00900) today announced that it has secured its sustainability-linked loan framework and entered agreements for three sustainability-linked loans (the "Loans"), with Mizuho Bank, Ltd., Hong Kong Branch, MUFG Bank, Ltd., Japanese Corporate Banking Division (Hong Kong) and Sumitomo Mitsui Banking Corporation, Hong Kong Branch, (the "Lenders"), with a total carrying amount of HK$320 million and a term of three years. The Loans are the Group's first sustainable financing initiative and strengthens its commitment to endorsing and developing in the sustainability arena. Sustainability performance metrics have been set in accordance with AEON Credit's existing Sustainability Development Policy, and will be assessed on an annual basis by the external reviewer, the Hong Kong Quality Assurance Agency. As mutually agreed with the Lenders, the Group will be entitled to receive interest rate savings for the Loans as an incentive for the achievement of the predetermined sustainability-linked targets. Mr. Tomoharu Fukayama, Managing Director of AEON Cre...

JCN Newswire
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JCB and East West Banking Corporation announce the launch of EastWest JCB Credit Card

ruth
4 minutes

TOKYO & MANILA, Nov 10, 2022 - (JCN Newswire via SEAPRWire.com) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, and East West Banking Corporation announce the launch of EastWest JCB Credit Card, a first for JCB in the Philippines in 25 years.EastWest JCB Gold Credit Card and EastWest JCB Platinum Credit Card offer several rewards such as accumulate reward points that can redeem them for airline miles, cash rebates, or annual membership fee waiver. Also, it offers year-round special promotions and discounts from partner merchants in-store and online, from shopping, and dining to travel and leisure and even more on your international purchases with a low foreign conversion fee.The signing of the memorandum of agreement (MOA) to seal this partnership was recently held at the Hotel Okura Manila. JCB was headed by President and COO of JCB International Yoshiki Kaneko and Yusuke Matsui, JCB Manila's Country Manager. EastWest on the other hand was headed by Vice Chairman and CEO Antonio C. Moncupa, Jr. and President Jacqueline S. Fernandez.In his opening remarks, Antonio C. Moncupa, Jr., EastWest's Vice...

ACN Newswire
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AEON Credit 1H2022 Revenue Up by 11.8% to HK$571.7 Million

indie
4 minutes

HONG KONG, Sep 26, 2022 - (ACN Newswire via SEAPRWire.com) - AEON Credit Service (Asia) Company Limited ("AEON Credit" or the "Group"; Stock Code: 00900) today announced its interim results for the six months ended 31st August 2022 ("1H2022" or the "reporting period"). During the reporting period, the Group's revenue was up by 11.8% year-on-year to HK$571.7 million and profit after tax increased by 2.6% to HK$176.8 million, with earnings per share rising to 42.21 HK cents (1H2021: 41.15 HK cents). In view of the Group's sound fundamentals and to share its fruitful results with shareholders, the Board has resolved to declare an interim dividend of 22.0 HK cents per share (1H2021: 22.0 HK cents per share), representing a dividend payout ratio of 52.1%.The Group took a number of timely initiatives during the reporting period to drive healthy growth in both sales and receivables and maintain a quality portfolio, as the market in Hong Kong was on a gradual recovery following an array of economic stimulus measures launched by the government. With an increased in the overall sales and receivables balance, the Group recorded an increase in interest income of 10.4% to HK$479.7 million 1H202...

ACN Newswire
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BoB Financial and Snapdeal Launch Co-Branded JCB RuPay Contactless Credit Card

indie
6 minutes

MUMBAI, INDIA, Sep 2, 2022 - (ACN Newswire via SEAPRWire.com) - BOB Financial Solutions Limited (BFSL), the wholly-owned subsidiary of Bank of Baroda (BoB) and Snapdeal in partnership with National Payments Corporation of India (NPCI) and JCB International Co. Ltd. have announced the launch of the Snapdeal BoB JCB RuPay Credit Card. The card is designed keeping in mind the purchase behaviour of shopping enthusiasts and will offer a host of attractive benefits and rewards. The card will also be usable at international merchants and ATMs through the extensive JCB global network.Users of the co-branded credit card will receive up to 5% unlimited cashback (accrued as 20 reward points on every INR 100 spent) on the Snapdeal app and website. Activation of the co-branded credit card within 30 days of issuance will entitle the cardholder to shopping benefits on Snapdeal worth up to INR 500.The card also offers 10 reward points per INR 100 spent on online, grocery and departmental store spends. For purchases in all other categories, customers will get 4 reward points for every INR 100 spent. The cardholders will also enjoy free Add-On cards for family members, waiver of 1% fuel surcharge, e...

ACN Newswire
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AEON Credit (00900) 1Q2022 Revenue up by 9.7% to HK$279.1 million

indie
4 minutes

HONG KONG, Jun 23, 2022 - (ACN Newswire via SEAPRWire.com) - AEON Credit Service (Asia) Company Limited ("AEON Credit" or the "Group"; Stock Code: 00900) today announced its unaudited results for the three months ended 31 May 2022 ("1Q2022", or the "reporting period"). For 1Q2022, the Group's revenue increased 9.7% year-on-year to HK$279.1 million and operating profit before impairment losses and impairment allowances was up by 16.4% to HK$126.9 million. The Group recorded profit of HK$82.7 million (1Q2021: HK$97.0 million) and earnings per share of 19.74 HK cents for the reporting period.Overall sales for 1Q2022 increased by 12.3% against 1Q2021, with gross advances and receivables balance up by 4.0% relative to the amount at end of February 2022. With an increase in sales for the Group, both as a credit card issuer and acquirer and an insurance intermediary, the Group recorded a year-on-year increase of HK$7.4 million in fees and commissions, reaching a total of HK$28.9 million. Interest income, meanwhile, increased by HK$15.8 million to HK$233.9 million, driven by the continued rise in receivable balances. These, combined with the increase in handling and late charges due to the...

ACN Newswire
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CIMB Niaga and JCB launch JCB Digital Credit Card in Indonesia

indie
5 minutes

TOKYO & JAKARTA, Jun 22, 2022 - (ACN Newswire via SEAPRWire.com) - PT Bank CIMB Niaga Tbk (CIMB Niaga) and PT JCB International Indonesia (JCB), as a subsidiary of JCB International Co. Ltd., launched the CIMB Niaga JCB OCTO Card Digital Credit Card in Jakarta, on 22nd June 2022. This credit card with digital or virtual technology was developed in line with the rapid growth of demand for online transactions and credit card technology. The Digital Credit Card provides a number of improvements. It enables the user to apply for CIMB Niaga JCB OCTO Card Digital Credit Card anytime and anywhere, and it also provides a safer and easier payment method for online transactions by using a one-time password (OTP).Director of Consumer Banking CIMB Niaga Noviady Wahyudi said, "CIMB Niaga continues to innovate to develop digital customer experience by integrating various products and services into the OCTO Mobile Super App, making it easier for people to meet their financial needs. Recently, we innovated to present the CIMB Niaga JCB OCTO Card Digital Credit Card, which provides a comprehensive digital transaction experience for users," said Noviady.Meanwhile, President Director of PT JCB In...

EQS Newswire

新鸿基公司承诺注资于由宏信达资产管理有限公司推出的 GCO Global Credit Special Situations Feeder Fund I

eqs
1 minute

EQS 新闻 via SEAPRWire.com / 2022-06-14 / 15:19 UTC+8 新鸿基公司承诺注资于由宏信达资产管理有限公司推出的GCO Global Credit Special Situations Feeder Fund I 新鸿基有限公司（香港股份代号：86）（「新鸿基公司」）宣布向于2022年6月8日推出的GCO Global Credit Special Situations Feeder Fund I（「此基金」） 注资1亿美元。宏信达资产管理有限公司（GCO Asset Management Limited /「GCO」） 是一家新成立的信贷对冲基金，行政总裁兼首席投资总监为梁智刚 (Banny Leung)。 该基金驻香港和伦敦之团队是新鸿基公司的前成员，以往负责管理公司内部资金，他们将持续把一贯的投资策略应用到管理此基金上。基金团队的营运总监Christopher Jackson、三位分析师及一位营运人员现已转到独立于新鸿基公司的GCO工作。该基金采用宏观事件驱动的信贷策略，力求提供一致的风险调整绝对回报。 新鸿基公司与GCO的合作将会通过新鸿基公司的基金管理平台Sun Hung Kai Capital Partners (「SHKCP」) 进行。 在过去18个月，新鸿基公司和SHKCP已分别与亚太长/短仓股票基金East Point Asset Management、欧洲的市场中性自主随机策略ActusRay Partners、环球科技创投基金E15VC及市场中性的加密货币策略Kernel成为合作伙伴；另已推出或注册了3个自家基金项目，包括: 环球对冲基金母基金SHK Latitude Alpha Fund、房地产债务基金Multiple Capital Real Estate Debt I LP 和提供特别定制投资机会的SHKCP Private Access Fund SPC。 SHK Capital Partners行政总裁琳熙(Lindsay Wright)表示：「 在我们与梁智刚先生及其团队的长期关系和对其策略理解的基础之上，我们很高兴能与GCO成为合作伙伴。他们的投资方式专注于以宏观事件驱动的信贷机会。建基于对其团队的信心，以往双方的合作经验，以及过去12个月一起为推出此基金作出的充份准备，我们坚信其团队能达成基金目标。 」 GCO行政总裁兼首席投资总监梁智刚表示：「我们对于第一只基金能获得新鸿基公司的重大投资感到非常欣喜。这象征新鸿基公司对我们团队在全球信贷市场的经验和业绩表现的有力认可。 」 集团执行主席李成煌表示：「很高兴能支持梁智刚先生及其团队迈入新里程和未来发展，我对他们的前景感到非常乐观。在我们合作伙伴生态平台中运作的基金经理于充满挑战的环境中亦创造出可观的风险调整回报。更令人鼓舞的是，大...

ACN Newswire
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AEON Credit Service Launches AEON CARD WAKUWAKU at the Forefront in Addressing Consumer Spending Habits Amid New Normal

indie
4 minutes

HONG KONG, May 3, 2022 - (ACN Newswire via SEAPRWire.com) - AEON Credit Service (Asia) Limited ("AEON Credit Service" or the "Group"; stock code: 00900) launched its brand-new AEON CARD WAKUWAKU on 1 May 2022, marking the introduction of the Group's first CashBack credit card geared towards fans of online shopping, as part of its efforts to expand its customer base and capitalise on the growing trend of digital transactions and online shopping. The Group has also signed popular Hong Kong singer Jace Chan to act as an endorser of the newly launched credit card.AEON Credit Service launches brand-new and first CashBack credit card AEON CARD WAKU WAKUThe AEON CARD WAKUWAKU, debuted as the Group's hero product this year, targets online shopping fans and the younger generation with an array of attractive rewards and offers. Boasting simple CashBack functionality, a colourful physical appearance complemented by a fun and original character mascot "MUK MUK LUK", the brand-new credit card has been designed to gear towards younger customers in alignment with the Group's plans to broaden its market reach to new target groups. The Group has also engaged Jace Chan as an endorser of the AEON CAR...

ACN Newswire
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AEON Credit (00900) FY2021 Profit Up by 13.6% to HK$342.6 Million

indie
4 minutes

HONG KONG, Apr 6, 2022 - (ACN Newswire via SEAPRWire.com) - AEON Credit Service (Asia) Company Limited ("AEON Credit" or the "Group"; Stock Code: 00900) today announced its annual results for the year ended 28 February 2022 ("FY2021"). For FY2021, the Group's revenue reached HK$1,049.6 million (FY2020: HK$1,089.9 million) and profit increased by 13.6% year-on-year to HK$342.6 million. Earnings per share increased to 81.81 HK cents (FY2020: 72.02 HK cents). The Board has recommended a final dividend of 22.0 HK cents per share, bringing the total dividend for the year to 44.0 HK cents per share, representing a dividend payout ratio of 53.8%.The profit growth was owed to the Group's efforts in building a quality credit portfolio with improved credit assessment techniques and enhancing debt management capabilities, which led to a significant 55.4% drop in impairment losses and impairment allowances to HK$94.1 million. With an increase in credit card sales and launch of the Off-us Acquiring Service for AEON Stores, the Group recorded an overall increase in fees and commissions of HK$26.4 million to HK$103.4 million for the year, which also contributed to the profit growth. To overcome h...

ACN Newswire
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VCREDIT Announces 2021 Annual Results

indie
6 minutes

HONG KONG, Mar 24, 2022 - (ACN Newswire via SEAPRWire.com) - VCREDIT Holdings Limited ("VCREDIT" or the "Group"; stock code: 2003.HK), a leading independent online consumer finance provider in China, is pleased to announce its audited consolidated results for the year ended 31 December 2021 (the "Year"). During the Year, the Group's total income increased significantly by 34.4% year-on-year to RMB3,458 million (2020: RMB2,573 million). The Group successfully achieved a turnaround, with net profit of RMB1,179 million (2020: net loss of RMB870 million). The Group is committed to creating sustainable investment returns for its shareholders, sharing the fruits of success in its operations. Therefore, following the declaration of dividend for the first time during its interim results, the Board has recommended a final dividend of HK15 cents per share for the Year. Together with the interim dividend and special dividend totalling HK20 cents per share already paid out, the full year dividend was HK35 cents per share. Although the COVID-19 pandemic and evolving macro-economic environment brought challenges and uncertainties, VCREDIT delivered an outstanding operating performance and promis...

ACN Newswire
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VCREDIT Announces a Final Dividend of HK15 cents

indie
6 minutes

HONG KONG, Mar 24, 2022 - (ACN Newswire via SEAPRWire.com) - VCREDIT Holdings Limited ("VCREDIT" or the "Group"; stock code: 2003.HK), a leading independent online consumer finance provider in China, is pleased to announce its audited consolidated results for the year ended 31 December 2021 (the "Year"). During the Year, the Group's total income increased significantly by 34.4% year-on-year to RMB3,458 million (2020: RMB2,573 million). The Group successfully achieved a turnaround, with net profit of RMB1,179 million (2020: net loss of RMB870 million). The Group is committed to creating sustainable investment returns for its shareholders, sharing the fruits of success in its operations. Therefore, following the declaration of dividend for the first time during its interim results, the Board has recommended a final dividend of HK15 cents per share for the Year. Together with the interim dividend and special dividend totalling HK20 cents per share already paid out, the full year dividend was HK35 per share. Although the COVID-19 pandemic and evolving macro-economic environment brought challenges and uncertainties, VCREDIT delivered an outstanding operating performance and promising fi...

ACN Newswire
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SBI Card launches RuPay JCB Credit Cards through partnership with Yatra

indie
3 minutes

TOKYO & MUMBAI, Mar 22, 2022 - (ACN Newswire via SEAPRWire.com) - JCB International Co., Ltd. in association with National Payments Corporation of India, SBI Card and Yatra.com announced the launch of a unique co-branded "RuPay JCB Yatra SBI Card Contactless Credit Card". This holiday-cum-shopping credit card is set to delight travellers and holiday lovers with exclusive travel benefits on booking flights and hotels which would be applicable 6 times a year. As a welcome onboarding gift, users of this card are entitled to Yatra.com vouchers worth INR 8250. They can use this voucher to book flight tickets, hotel reservations and the likes from Yatra.com. The card would provide unmatched travel, holiday and shopping options for Indian travellers. By using the new card, travellers will get 6 reward points per INR 100 spent on departmental stores, grocery, dining, movies, entertainment and international travel.With a complimentary air accident cover of INR 50 lakh, the card also offers 1% fuel surcharge waiver to the customers. There is also an additional feature of an annual fee waiver if the customer spends over INR 1 lakh in a year using this card.Mr. Yoshiki Kaneko, President an...

ACN Newswire
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JCB announces the launch of Danamon JCB Precious Credit Card

indie
5 minutes

JAKARTA, Mar 17, 2022 - (ACN Newswire via SEAPRWire.com) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, and PT Bank Danamon Indonesia Tbk (Danamon) are pleased to announce the launch of the Danamon JCB Precious Credit Card.Danamon JCB Precious Credit Card"Danamon understands that everybody, especially the emerging affluent and affluent segment, who is the target market for the Danamon JCB Precious Credit Card, appreciates their freedom and responsibility. By collaborating with JCB, Danamon wants to optimize customer spending through various benefits that match each individual's unique inspiration to break free from their daily routines. This is in line with Danamon's commitment to become a financial enabler and catalyst to help customers control their finances," said Yasushi Itagaki, President Director of PT Bank Danamon Indonesia Tbk."I am delighted to launch the Danamon JCB Precious Credit Card with Bank Danamon which is one of the biggest commercial banks in Indonesia. The cardholders can enjoy not only daily use of their card inside Indonesia but also across the world by using JCB merchant netwo...

ACN Newswire
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KTC and JCB launch the first JCB ULTIMATE Credit Card in Thailand

indie
3 minutes

TOKYO & BANGKOK, Mar 11, 2022 - (ACN Newswire via SEAPRWire.com) - Krungthai Card Public Company Limited., one of the leading card issuing company and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, announce the launch of issuing the KTC JCB Ultimate Credit Card in Thailand.Ultimate is the highest status card to accommodate higher income customer and KTC JCB ULTIMATE Credit Card will be the first issued JCB Ultimate card in Thailand. KTC JCB ULTIMATE cardholders will be able to enjoy the JCB Ultimate service additionally to the JCB Platinum service which offers special benefits at restaurants and online merchants. In addition, KTC will provide 2x KTC FOREVER points when spend in foreign currency (other than THB) and card members can enjoy 2 times complimentary access to Royal Silk Lounge when flying international flights or domestic flights within Thailand with Thai Airways or Thai Smile Airways.Mr Rathian Srimongkol, President & Chief Executive Officer "KTC" or Krungthai Card Public Company Limited, said, "KTC was honored by JCB to be the first credit card in Thailand to issue a credit card of...

JCN Newswire
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JCB launches the IRCTC BoB RuPay JCB Credit Card

ruth
2 minutes

TOKYO & MUMBAI, Mar 3, 2022 - (JCN Newswire via SEAPRWire.com) - JCB International Co., Ltd. along with National Payments Corporation of India (NPCI) in association with BOB Financial Solutions Limited (BFSL), a wholly-owned subsidiary of Bank of Baroda (BoB) and Indian Railway Catering and Tourism Corporation Ltd. (IRCTC) have joined hands to launch the IRCTC BoB RuPay JCB Credit Card. The new co-branded credit card which was unveiled on 21st February 2022 focuses on offering many special features and benefits to travellers of the Indian railways, the largest rail network in Asia and the world's second largest under one management. Besides offering significant benefits on railway ticket bookings, users of this card will also get multiple benefits for shopping across other categories ranging from groceries to fuel. This card will also be usable across merchants and ATMs globally through the JCB network.Mr. Yoshiki Kaneko, President and COO, JCB International Co., Ltd. said, "We are delighted to partner with BFSL and Indian Railway Catering and Tourism Corporation Ltd. (IRCTC) through our esteemed network partner National Payments Corporation of India (NPCI) to launch this uniqu...