consumer finance

Consumer finance in major tie-up tendency

August 19, 2021 | 10:00

The pandemic-triggered turbulence continues to gnaw at the consumer finance industry in Vietnam, but some players are exploring potential new approaches to the challenges, particularly from some international investors.

Consumer finance groups tap new funds

May 25, 2021 | 21:26

International expertise and solid financial support are vaulting some consumer finance companies in Vietnam ahead of their peers, and also presenting opportunities for both sides to deploy excess capital and diversify their business.

Market demand pushes role of consumer finance

March 30, 2021 | 11:13

After a decade of development, consumer finance firms are now ramping up their transformation from digital adoption which has taken a quantum leap, to how they diversify their loan portfolios and reducing cash loan exposure.

Landscape shift in consumer finance

March 30, 2021 | 11:13

Vietnam has posted laudable improvements in the regulatory framework, market scale, products and services, and operational efficiency when it comes to consumer finance activities in the past decade.

Sustained success for FE Credit down to unique vision

March 30, 2021 | 11:12

After strong efforts to change the game of consumer finance, FE CREDIT has told of its decade-long journey to establish a solid foundation and become the leading company in unsecured consumer loans and credit cards, with more than 50 per cent of the market share.

Hyundai Card fails to purchase 50 per cent stake in MSB's consumer finance firm FCCOM

March 26, 2021 | 09:01

Despite lengthy negotiations, South Korean credit card company Hyundai Card has failed to buy a 50 per cent stake in MSB's consumer finance company FCCOM.

Consumer finance: New vitality after 10-year journey

March 25, 2021 | 11:00

Experts gathered yesterday (March 25) at VIR's headquarters for the consumer finance seminar themed “Consumer finance: New vitality after a 10-year journey”.

Consumer finance retains attractiveness

March 16, 2021 | 09:14

Despite the resurgence of the pandemic, investors still remain upbeat about consumer finance and pawn chain businesses in Vietnam, which are considered among the most attractive loan segments.

Fundraising on the up in consumer finance

March 02, 2021 | 12:07

Consumer finance companies are taking different approaches to raise cash and gain a bigger slice of the landscape.

SHB Finance announces changes in management team

March 01, 2021 | 09:00

Dinh Quang Huy will resign from the position of CEO and board member of SHB Consumer Finance to pursue personal plans.

FE Credit experiences 16.3 per cent drop in pre-tax profit as NPLs increase in 2020

February 06, 2021 | 14:01

Due to the COVID-19 pandemic, FE Credit reported a decrease in its pre-tax profit while its non-performing loans increased to 6.6 per cent in 2020.

Promoting consumer finance to fight black credit: experts

January 24, 2021 | 10:17

Promoting consumer finance and simplifying procedures for loan applications would be a priority for commercial banks, financial companies and microfinance institutions as part of efforts to limit black credit, a conference heard in Ho Chi Minh City on January 20.