SeABank transfers entire capital at Post and Telecommunications Finance to AEON Financial Service

Monday, Oct 23, 2023

Southeast Asia Commercial Joint Stock Bank (SeABank or SSB) has officially signed a contract to transfer all of its capital at Post and Telecommunications Finance Company Limited (PTF) to AEON Financial Service Co Ltd, at the transfer price of VNĐ4.3 trillion...

FE Credit appoints new acting CEO

Saturday, May 06, 2023

VPBank SMBC Finance Company Limited (FE Credit) has named Nguyen Thi Minh Nguyet acting CEO, replacing Kalidas Ghose from May 4.

Workers in eight provinces and cities get loans at preferential rates

Wednesday, Nov 16, 2022

After signing an agreement with the Vietnam General Confederation of Labour to provide a VND10 trillion (US$403.1 million) loan package to workers at industrial parks around the country, HDBank subsidiary HD SAISON Finance Company Limited has quickly deployed the funds...

Deal signed to disburse loans worth $836m to wean workers away from sharks

Tuesday, Oct 11, 2022

HDBank subsidiary HD SAISON Finance Company Limited and a finance company owned by VPBank have signed an agreement with the Vietnam General Confederation of Labour to provide loans of VND20 trillion (US$836.6 million) to workers at industrial parks around the...

Shinhan Life Vietnam, Shinhan Vietnam Finance Company sign partnership

Wednesday, Jun 29, 2022

Shinhan Life Insurance Vietnam Limited Liability Company (“Shinhan Life Vietnam”) and Shinhan Vietnam Finance Company Ltd., (“Shinhan Finance”) officially signed a strategic partnership agreement on June 28.

FE Credit awards $128,400 to SEA Games-winning women's football team

Thursday, Jun 02, 2022

VPBANK SMBC Finance Company Limited has awarded the Vietnamese women’s football team VND3 billion (US$128,400) for again winning the SEA Games gold medal.

Consumer finance companies remain attractive acquisition targets

Monday, Dec 14, 2020

A spokesperson for FE Credit Consumer Finance Company said the Covid-19 pandemic had somewhat affected the company’s business but the price of its stock would not change thanks to its advantages and the market’s great potential.

Shinhan Finance named among Best Companies to Work for in Asia

Monday, Jul 20, 2020

Shinhan Vietnam Finance Company Limited (Shinhan Finance) has been named one of the Best Companies to Work for in Asia by HR Asia, one of Asia’s leading publications for HR professionals.

Shinhan Finance wins UK sustainability award

Tuesday, Jun 30, 2020

Shinhan Vietnam Finance Company Ltd., has won the 2020 Best Sustainability Development Company Vietnam award from the UK’s Global Banking & Finance Review magazine.

Fitch downgrades Home Credit Vietnam to 'B'; outlook negative

Wednesday, Apr 29, 2020

Fitch Ratings has downgraded Home Credit Vietnam Finance Company Limited''s (HCV) long-term issuer default rating (IDR) to ''B'', from ''B+''.

SHB to sell financial arm to foreign partners

Friday, Apr 10, 2020

SHB is planning to sell its shares in SHB Finance Company (SHBFC) to strategic foreign partners, the bank announced on Friday.

Moody's places five VN financial institutions on review for downgrade

Friday, Apr 10, 2020

Moody''s Investors Service has placed the long-term ratings and assessments of three Vietnamese finance companies and two Vietnamese banks on review for downgrade.

Shinhan Finance donates $51,207 to Viet Nam COVID-19 fight

Monday, Apr 06, 2020

As the COVID-19 pandemic continues, Shinhan Vietnam Finance Company Limited has announced a number of actions to support the Government’s efforts to tackle it.

Central bank approves capital hike for finance company HD Saison

Monday, Jan 13, 2020

The State Bank of Việt Nam (SBV) has approved consumer finance company HD Saison to increase charter capital to VNĐ2 trillion (US$85.84 million) from VNĐ1.4 trillion.

Vietnam Electricity to divest from finance company

Friday, Jul 26, 2019

The move aims to meet a Government regulation that requires State-owned corporations and groups to divest from non-core business.