VPBank on Thursday announced the completion of its deal to sell a 49 per cent stake in its FE Credit to Japan’s Sumitomo Mitsui Finance Group (SMFG) in a transaction.
VPBank on Wednesday signed an agreement to sell 49 per cent stake of its FE Credit to Japan’s Sumitomo Mitsui Finance Group (SMFG) in a transaction that value the non-bank lender at US$2.8 billion.
