Sector attraction underpins consumer finance M&A boom
December 01, 2021 | 15:14
Dr. Gregory Bournet, partner and head of Corporate Finance at PwC Vietnam and Malaysia, shared with VIR’s Luu Huong how cultural awareness and tenacity are embedded into every single transaction.
Risk management required in consumer finance arena
November 19, 2021 | 08:00
Consumer finance firms’ performance in Vietnam is deteriorating due to the minimal capital buffer and hazardous nature of such assets – and a pressing need for a credit expansion boost is indicated as a stipulation for consumer finance players to rebound.
Lotte Finance launches PayLater service to catch up with "buy now, pay later" trend
October 01, 2021 | 10:54
Lotte Finance Vietnam has officially launched a brand new consumer finance service called PayLater by Lotte Finance to capture the "buy now, pay later" segment.
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.
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