VPBANK ANNOUNCES THE SUCCESSFUL SALE OF ITS 49% STAKE IN FE CREDIT TO SMBC GROUP OF JAPAN
Vietnam Prosperity Joint Stock Commercial Bank (VPBank) today announced the completion of the sale of 49% stake in VPBank Finance Company Limited (FE Credit) to SMBC Consumer Finance Co., Ltd (SMBCCF), a wholly-owned subsidiary of Japan’s Sumitomo Mitsui Financial Group, Inc. (SMBC Group). As such, six months since VPBank and SMBCCF signed the capital transfer […]