September 01, 2021 | 13:26
Moody's Investors Service has extended its review for upgrade on all long-term ratings and assessments of VPBank and its subsidiary FE Credit.
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.
July 07, 2021 | 15:13
Given their financially sound cornerstone and professional know-how, Japanese megabanks are actively exploring sensible bolt-on opportunities of banks in Southeast Asia, including Vietnam, as a critical part of their international market expansion.
June 17, 2021 | 16:57
Driven by incrementally surging demand from a gradually ageing population, more credit institutions and consumer finance companies are diversifying their loan schemes, including loan programmes for retirees.
June 10, 2021 | 09:00
Unsecured loan sales may see growth accelerated in response to a Vietnamese government ban on debt collection services – however, experts believed a clearer legal framework and firmer rules would help spur a more substantial unsecured debts market.
May 25, 2021 | 21:27
The mega-deal between Sumitomo Mitsui Financial Group and FE Credit is expected to rewrite the consumer finance landscape in Vietnam.
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.
May 18, 2021 | 17:04
Dragon Capital increased its ownership rate in VPBank (VPB) to 5.12 per cent, becoming its largest foreign shareholder.
May 04, 2021 | 16:24
FE CREDIT has gone all-in on AWS, moving the vast majority of its IT infrastructure to the world’s leading cloud.
May 04, 2021 | 11:23
Although the pandemic is still taking a serious toll on the economy, foreign investors are banking on cross-border mergers and acquisitions in the financial industry, especially in consumer finance and retail banking, illustrating the urgency to acquire new capabilities.
April 29, 2021 | 15:28
Japanese mega financial institution SMFG has just acquired 49 per cent stake in Vietnam's largest consumer finance company FE Credit.
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.