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.