Moody's places SHB Finance on review for upgrade on potential sale to Bank of Ayudhya

Moody's places SHB Finance on review for upgrade on potential sale to Bank of Ayudhya

Moody's Investors Service has placed all long-term ratings of SHBank Finance Co., Ltd. (SHB Finance) on review for upgrade.
Vietnam in a stronger spot for Thai bankers

Vietnam in a stronger spot for Thai bankers

Thai financiers are forging a stronger partnership in Vietnam’s alluring demographics to scale their businesses further, particularly with the increasing assistance from deep-pocketed Thai banks.
SHB Finance announces changes in management team

SHB Finance announces changes in management team

Dinh Quang Huy will resign from the position of CEO and board member of SHB Consumer Finance to pursue personal plans.
SHB Finance announced new chairman and posted stable performance in 2020

SHB Finance announced new chairman and posted stable performance in 2020

Hanoi-based commercial lender Saigon-Hanoi Commercial Joint Stock Bank (SHB) last week announced a senior personnel nomination at its member company, Saigon-Hanoi Commercial Bank Finance Co., Ltd. (SHB Finance).    
SHB Finance co-operates with MasterCard to issue international credit cards

SHB Finance co-operates with MasterCard to issue international credit cards

 SHB Finance Co., Ltd. (SHB Finance) and MasterCard has just signed a co-operation agreement aimed to develop international credit card services in favour of SHB Finance customers.    
SHB Finance secured Moody’s Stable outlook rating, persistent with international practice approach

SHB Finance secured Moody’s Stable outlook rating, persistent with international practice approach

International ratings agency Moody’s has professed confidence in SHB Finance – the wholly-owned subsidiary of privately-held lender SHB – by reaffirming its long-term ratings, following a healthy performance by the company in the past months in the context of the prolonged pandemic.
Lively evolution continues through foreign consumer finance presence

Lively evolution continues through foreign consumer finance presence

Despite some legal concerns, international firms are ramping up their presence to reap the benefits from Vietnam’s consumer finance sector.
Consumer finance arms reach out to attain positive growth

Consumer finance arms reach out to attain positive growth

Although a sweeping set of stringent rules and the coronavirus pandemic have dented a flourish in the lending segment, Vietnam’s consumer finance market still appears lucrative, enticing many overseas investors.
SHB to get strategic partners on board at consumer finance arm

SHB to get strategic partners on board at consumer finance arm

SHB plans to sell part of SHB Finance to foreign strategic partners and will put this proposal up for discussion at its annual shareholders' meeting.
Moody’s assigns first-time rating for SHB Finance

Moody’s assigns first-time rating for SHB Finance

Moody’s Investors Services on August 5 assigned a first-time long-term issuer rating of B3 to SHB Finance Co., Ltd., with stable entity-level rating outlook.
SHB Finance succeeds with issuances of certificates of deposit

SHB Finance succeeds with issuances of certificates of deposit

Fledging SHB Finance Co., Ltd. has successfully completed the issuance of the fourth tranche of certificates of deposits (CDs) with the total value of VND300 billion ($12.8 million) which was conducted through the book building process.  
SHB Finance signs capital arrangement advisory deal with SHS

SHB Finance signs capital arrangement advisory deal with SHS

The signing ceremony of a co-operation agreement on capital arrangement advisory took place today between SHB Finance and SHS in Hanoi.
SHB Finance inaugurates new headquarters and new unsecured loan

SHB Finance inaugurates new headquarters and new unsecured loan

SHB Finance has just inaugurated its new headquarters and launched its new unsecured cash loan to match growing consumer demand.