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|VIR will host an online seminar on consumer finance and shadow banking on March 15|
Consumer finance is one of the fastest-growing business sectors in Vietnam, as individual financial demands are rising. Consumer finance products are being perfected by the day and are distributed through growing networks across the country by dynamic banks and consumer finance companies.
However, in addition to formal consumer finance channels under the management of the state, shadow banking is booming and damaging socioeconomic development in several provinces.
In order to provide useful information to readers, VIR will organising its third consumer finance seminar with the theme of “Developing consumer finance as a solution to ward off shadow banking.”
Topics at the seminar include the current size of the Vietnamese consumer finance segment, how personal consumption can be financed by legal lenders, and regulatory updates to ensure transparency for borrowers and lenders.
The seminar will take place in the morning of March 15, 2019 at the headquarters of VIR at 47 Quan Thanh Street, Ba Dinh district, Hanoi.
Participants at the seminar will include:
The seminar will be live-streamed on VIR’s websites and social media channels.