Vietnam's Eximbank and Japan's SMBC officially break up after 14 years

Vietnam's Eximbank and Japan's SMBC officially break up after 14 years

Eximbank and SMBC's 14-year strategic collaboration arrangement has finally come to an end.
Eximbank ends partnership with Japan's SMBC

Eximbank ends partnership with Japan's SMBC

The Vietnam Export Import Commercial Joint Stock Bank (Eximbank) will terminate its partnership with Japanese Sumitomo Mitsui Banking Corporation (SMBC) as from February 7, according to a resolution of the bank's board of directors.
Japan's SMFG to enhance its M&A strategy

Japan's SMFG to enhance its M&A strategy

Faced with bleak domestic growth prospects, Japan's SMFG is expanding its international footprint, including its presence in Vietnam.
VPBank completes sale in FE Credit to SMBC Group of Japan

VPBank completes sale in FE Credit to SMBC Group of Japan

VPBank announced the completion of a 49 per cent stake sale of its consumer finance arm FE Credit by SMBC Consumer Finance Co., Ltd. (SMBCCF), a wholly-owned subsidiary of Japan’s Sumitomo Mitsui Financial Group Inc. (SMBC Group).
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