Noteworthy deals show consumer finance surge
March 11, 2024 | 10:00
Amid substantial foreign backing in Vietnam’s burgeoning consumer finance sector, experts project dynamic growth while addressing the need for enhanced regulations and tackling the rise in non-performing loans.
Home Credit to sell Vietnam wing to SCB
February 29, 2024 | 09:54
Home Credit Group announced on February 28 that it has signed a conditional agreement to sell Home Credit Vietnam to Siam Commercial Bank Public Co., Ltd.
Mcredit climbs VNR500 rankings
December 14, 2023 | 08:00
Mcredit has moved up five spots in the VNR500 rankings.
Acquisitions rise in consumer finance
November 07, 2023 | 15:30
Asia’s key financial players are escalating their investments in Vietnam’s consumer finance sector, underscoring the country’s evolving role as a pivotal market.
Economic conditions taint consumer finance prospects
September 13, 2023 | 15:00
The challenges facing the consumer finance sector have become evident this year, as numerous companies reported declining business results in the first half.
Home Credit coordinates with the Thao Dien Public Security
March 29, 2023 | 11:34
Home Credit has worked with Thao Dien Public Security on the administrative inspection of consumer finance companies.
Flexibility headlines finance for 2022
January 05, 2023 | 10:51
Interest rates, exchange rates, and credit growth were the focus of a volatile 2022, and more complexities are forecast for the following 12 months.
Mcredit spreads wings leveraging group synergy with parent banks
September 19, 2022 | 08:00
Mcredit has swiftly managed to take advantage of its parent groups and their business ecosystems to develop and grow.
Consumer finance groups aspire to consolidate position
August 31, 2022 | 12:17
Foreign-backed consumer finance companies are diversifying their scope of activities to capture a larger and more lucrative market share in Vietnam.
Home Credit: Thinking differently about financial literacy
August 30, 2022 | 09:00
Home Credit has been conducting financial literacy education programmes for more than two decades and measuring their impacts on its customers.
Decoding the change of position in the consumer finance market
May 06, 2022 | 15:00
Mcredit's spectacular growth in 2021, as difficulties for the banking industry reached their peak due to the pandemic, surprised the market.
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.
Finance groups seek funding alternatives
January 13, 2022 | 15:00
Besides massive foreign investment in several notable finance-related corporations across Vietnam, public fundraising through major stock exchanges is also a viable alternative for consumer finance companies.
Will AEON Group acquire MSB's consumer finance company FCCOM?
January 10, 2022 | 11:27
The Board of Directors of MSB announced the planned sale of FCCOM, and AEON Group is allegedly the most viable acquirer for MSB’s consumer finance firm.
Digital banks and fintech startups eye Vietnam's unbanked and underserved consumers
December 10, 2021 | 13:49
Digital banks and fintech startups are increasingly offering innovative products and solutions targeting the unbanked and underserved consumers post-pandemic.
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