VPBank announces plans to take over weak bank

VPBank announces plans to take over weak bank

VPBank has signalled its readiness to acquire a struggling bank amidst sector restructuring.
MUFG, Mizuho, SMFG, and Grab vying to acquire Home Credit

MUFG, Mizuho, SMFG, and Grab vying to acquire Home Credit

Japanese financial behemoths and Grab have allegedly shown their appetite to acquire Home Credit in Southeast Asian countries, including Vietnam and India.
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.
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.
Japanese lender SMFG acquires 49 per cent in FE Credit in a $1.4 billion deal

Japanese lender SMFG acquires 49 per cent in FE Credit in a $1.4 billion deal

Japanese mega financial institution SMFG has just acquired 49 per cent stake in Vietnam's largest consumer finance company FE Credit.
Sumitomo Mitsui Financial Group shows interest in acquiring banks in Asia

Sumitomo Mitsui Financial Group shows interest in acquiring banks in Asia

Sumitomo Mitsui Financial Group is allegedly going to acquire Asian banks in Vietnam, the Philippines, or India.
Japanese giant Sumitomo Mitsui Financial Group halts lending to new coal-fired power plants

Japanese giant Sumitomo Mitsui Financial Group halts lending to new coal-fired power plants

Sumitomo Mitsui Financial Group (SMFG) – one of Japanese largest megabanks – announced it would halt lending to new coal-fired power plants from May 1, 2020.