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 […]
10-YEAR JOURNEY OF REALIZING MILLIONS OF DREAM
For many years, FE CREDIT has been granted as The Best Consumer Finance Company in Vietnam by Global Banking & Finance and other international organization. With ENR of VND 60.2 trillion (2019), FE CREDIT is again leading Vietnam consumer finance market with 52% market share. The journey of FE CREDIT was officially started in a methodical way 10 years ago (November 2, 2010 – November 2, 2020) and it has made great strides in bringing its brand name closer to all Vietnamese.
In 2015, after 5 years of establishment, when the market is still facing many difficulties, not many people had a vision about the consumer lending service, FE CREDIT had seen the importance of this market and taken strategic steps when officially transformed its operating to new independent entity. With the mission of Realizing a million dreams and with hope to open up more opportunities in life for all Vietnamese people, FE CREDIT has overcome many difficulties, prejudices, misunderstandings, to confirms its position as a leading financial company in Vietnam nowadays.
- 2 consecutive years be granted as the Best Consumer Finance Company in Vietnam by Global Banking & Finance International Organization.
- 2 consecutive years be voted as the Best Consumer Finance Brand in Southeast Asia by Global Brands Magazine.
- 2 consecutive years in the top 500 Profitable Private Enterprises in Vietnam Banking – Finance – Securities.
- 37 international & local awards.
- 11.2 mil customers & 12,400 employees.
- 10,500 partners & 19,000 POS.
- Donated more than 2 billion VND to residents of flood-hit central region.
- For 3 consecutive years, 2,000 workers have been brought back to their hometown for Tet reunion.
- Gave away nearly 350 scholarships to needy students.
Not many consumer finance company has made a major impact on the consumer finance industry like FE CREDIT. The brand has brought a breakthrough in approach to comprehensive financial solutions for Vietnamese people, realizing millions of workers’ dreams. More than just a loan, it’s the accompaniment and understanding of FE CREDIT.
7 months trước
After 5 weeks of opening, the application portal for FE XCELERATE 2021 has been closed. The competitive Pitch Session is now ready for all shortlisted candidates to present their ideas and solutions in front of FE CREDIT Management team. Among more than 100 applications from fintech companies over the world, the solutions for top 2 […]
7 months trước
After four weeks of accepting applications, FE XCELERATE 2021 has approached many fintech and startup communities across Asia, Europe, Africa and North America. There is an abundance of companies who are interested in applying for this prominent fintech accelerator program. FE XCELERATE 2021 would like to give those who haven’t yet registered the opportunity to […]
8 months trước
Since the official announcement of the opening of FE XCELERATE 2021 starting May 12th, there are more than 60 fintech companies globally having completed the applications. FE CREDIT still continues to find and help fintech companies to step out of the safe zone to be part of the prestigious fintech accelerators in the region. Applications […]