ACE Life VN becomes HDBank’s strategic customer

ACE Life Vietnam insurer will become a strategic customer of the Ho Chi Minh City Housing Development Joint Stock Bank - HDBank under an agreement signed between the two sides on Sept. 9.

Wednesday, September 09, 2009 20:34

ACE Life Vietnam insurer will become astrategic customer of the Ho Chi Minh City Housing Development JointStock Bank - HDBank under an agreement signed between the two sides onSept. 9.

ACE Life Vietnam and HDBank will cooperate in providing bankingproducts and services and implementing investment activities.

The two outfits will also cooperate in researching and developingbanking products and services in combination with life insuranceproducts to raise benefits for their customers.

Besides introducing HDBank’s products and services to ACE Life Vietnam, the insurer will help train the bank’s staffs in knowledge offinancial insurance in order to create favourable conditions fordeveloping banking-insurance products.

ACE Life Vietnam will receive preferential use of HDBank’s products andservices, while the bank will be a partner to mange accounts, providepayment services and collect money from other partners of ACE LifeVietnam .

Established in 1990, HDBank has an operation network across majoreconomic regions in the country and is viewed as a joint stock bankfirmly based on modern technology with effective and diversifiedproducts and a sustainable development plan.

ACE Life Vietnam is a member of the US’s ACE group, which arrived inVietnam in 2005. It is providing life insurance services nationwide andhas registered steady growth over the past years./.

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ACE Life VN becomes HDBank’s strategic customer

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