Sumitomo Mitsui Financial Group

Japanese financial behemoths extend SE Asia reach

April 05, 2023 | 08:00

Three Japanese megabanks are doubling down on their emphasis on Vietnam’s finance and banking sector to experience rapid economic growth and leverage their investment portfolios across wider Southeast Asia.

Consumer finance in sights of megabanks

March 15, 2022 | 09:00

The consumer finance industry in Vietnam continues to be buffeted by pandemic-induced turmoil, but certain overseas investors are seeking novel responses to capitalise on the country’s tremendous promise.

Japanese banks take on strategic roles

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.

Foreign investor participation crucial for operations

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.

Consumer finance groups tap new funds

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.

Capital injections loom in finance M&A

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.