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SACOMBANK LAUNCHES INSURANCE ASSOCIATED SAVINGS PRODUCT

Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) cooperated with Prevoir Vietnam to launch the insured saving product named "Bao An-Ven Toan" from its transaction sites in HCM City and Hanoi from April 22, 2009.

The saving product is for the individual customers aged from 18 to 59 with a saving of at least 10 million dong or US$1,000 in 6-13 months.

The saving senders have the right to choose the life insurance contract with maximum insurance value of up to 80 million dong. Insurance contract time is the same of customer's saving term

With this, if necessary, customers can withdraw money prematurely, or mortgage saving card to borrow loans from Sacombank

(Thoi bao Kinh te Vietnam)

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