japans smfg to enhance its ma strategy

Japan's SMFG to enhance its M&A strategy

Faced with bleak domestic growth prospects, Japan's Sumitomo Mitsui Financial Group (SMFG) is expanding its international footprint, including its presence in Vietnam.
vpbank completes sale in fe credit to smbc group of japan

VPBank completes sale in FE Credit to SMBC Group of Japan

VPBank announced the completion of a 49 per cent stake sale of its consumer finance arm FE Credit by SMBC Consumer Finance Co., Ltd. (SMBCCF), a wholly-owned subsidiary of Japan’s Sumitomo Mitsui Financial Group Inc. (SMBC Group).
pm suggests japans bank enlarge credit scale in vietnam

PM suggests Japan’s bank enlarge credit scale in Vietnam

PM Nguyen Xuan Phuc hoped that Japan will pour more investment in Vietnam to become the largest investor in the nation and the Sumitomo Mitsui Banking Corporation (SMBC) will enlarge the credit scale for Japanese and Vietnamese partners.
japanese bank funds hydropower plant project in dak lak

Japanese bank funds hydropower plant project in Dak Lak

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) will provide a $64.2 million credit to fund the Srepok 4A hydropower plant project in Dak Lak province.
japan banks finance highway project in vietnam

Japan banks finance highway project in Vietnam

A credit agreement for the Hanoi-Hai Phong Highway project was signed on February 22 in Tokyo between the Vietnam Development Bank (VDB) and Sumitomo Mitsui Bank Corporation (SMBC) and Citibank of Japan.
smbc muscles up its local market stance

SMBC muscles up its local market stance

Sumitomo Mitsui Banking Corporation’s (SMBC) branches have become the largest foreign bank branches in Vietnam in terms of charter capital, which was just raised to $335 million for the Hanoi branch and $165 million for the Ho Chi Minh City branch, from an original $15 million each. Masaya Hirayama, general manager of the Japanese bank in Vietnam talks with VIR about the branches’ capital increases.