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.
March 25, 2021 | 07:00
Fintech companies, banks, and other financial institutions are making great strides to go paperless, eliminating physical movements and paperwork, and becoming more cost-effective through electronic processes.
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.
March 02, 2021 | 12:07
Consumer finance companies are taking different approaches to raise cash and gain a bigger slice of the landscape.
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.
December 16, 2020 | 08:00
Consumer finance companies in Vietnam are seeking new approaches to diversify their funding sources and their indirect loan portfolios, as well as lower credit and liquidity risks despite the lingering pandemic and tightening regulations.
December 08, 2020 | 16:50
FE Credit, the biggest consumer finance player in Vietnam and a subsidiary of VPBank, is allegedly preparing for its IPO in the third quarter of 2021.
August 25, 2020 | 10:43
On August 5, FE Credit, together with its partner bank VPBank, organised an analyst call to discuss its second-quarter results as well as first-half financial achievements.
August 06, 2020 | 12:45
Moody’s Investors Service has recently confirmed the long-term ratings of FE Credit at B1, after putting it up for review due to the impacts of COVID-19.
June 26, 2020 | 22:31
HD Bank revealed ambitions to convert HD Saison into a JSC in a move generally seen as laying down the groundworks for an IPO.
June 18, 2020 | 08:00
Despite some legal concerns, international firms are ramping up their presence to reap the benefits from Vietnam’s consumer finance sector.
June 09, 2020 | 11:35
Banks, especially State-owned banks, are expected to increase their capital significantly this year as they are allowed to retain profits or pay dividend in shares instead of cash as previously.
June 08, 2020 | 09:54
Vietnam’s early efforts to weather the COVID-19 storm have helped its economy to reopen much sooner than others, with many sectors that have suffered badly from the outbreak – from retail to finance –now recovering with poise.
May 27, 2020 | 15:00
With the rising market competition continuing to exert pressure on consumer finance’s profitability in Vietnam, industry insiders have urged local authorities to develop a legal framework to avoid fraud and monetary crimes, and protect investors.
May 21, 2020 | 08:00
Although a sweeping set of stringent rules and the coronavirus pandemic have dented a flourish in the lending segment, Vietnam’s consumer finance market still appears lucrative, enticing many overseas investors.