Economic conditions taint consumer finance prospects
September 13, 2023 | 15:00
The challenges facing the consumer finance sector have become evident this year, as numerous companies reported declining business results in the first half.
Home Credit coordinates with the Thao Dien Public Security
March 29, 2023 | 11:34
Home Credit has worked with Thao Dien Public Security on the administrative inspection of consumer finance companies.
Flexibility headlines finance for 2022
January 05, 2023 | 10:51
Interest rates, exchange rates, and credit growth were the focus of a volatile 2022, and more complexities are forecast for the following 12 months.
Mcredit spreads wings leveraging group synergy with parent banks
September 19, 2022 | 08:00
Mcredit has swiftly managed to take advantage of its parent groups and their business ecosystems to develop and grow.
Consumer finance groups aspire to consolidate position
August 31, 2022 | 12:17
Foreign-backed consumer finance companies are diversifying their scope of activities to capture a larger and more lucrative market share in Vietnam.
Home Credit: Thinking differently about financial literacy
August 30, 2022 | 09:00
Home Credit has been conducting financial literacy education programmes for more than two decades and measuring their impacts on its customers.
Decoding the change of position in the consumer finance market
May 06, 2022 | 15:00
Mcredit's spectacular growth in 2021, as difficulties for the banking industry reached their peak due to the pandemic, surprised the market.
Consumer finance in sights of megabanks
March 15, 2022 | 09:00
The consumer finance industry in Vietnam continues to be buffeted by pandemic-induced turmoil, but certain overseas investors are seeking novel responses to capitalise on the country’s tremendous promise.
Finance groups seek funding alternatives
January 13, 2022 | 15:00
Besides massive foreign investment in several notable finance-related corporations across Vietnam, public fundraising through major stock exchanges is also a viable alternative for consumer finance companies.
Will AEON Group acquire MSB's consumer finance company FCCOM?
January 10, 2022 | 11:27
The Board of Directors of MSB announced the planned sale of FCCOM, and AEON Group is allegedly the most viable acquirer for MSB’s consumer finance firm.
Digital banks and fintech startups eye Vietnam's unbanked and underserved consumers
December 10, 2021 | 13:49
Digital banks and fintech startups are increasingly offering innovative products and solutions targeting the unbanked and underserved consumers post-pandemic.
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.
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