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Keep Improving

Bring Covenience to Customers

About us

Founded as Consumer Finance Division of Vietnam Prosperity Joint-Stock Commercial Bank (VPBank), FE CREDIT successfully transferred all consumer finance operations to the independent company: FE CREDIT in February 2015.

After 8 years of operation, FE CREDIT has become the market leader in consumer finance industry in Vietnam, with over 17,500 employees and a diversified network of over 13,000 points of sales nationwide operated in a reliable collaboration with more than 9,000 partners, proudly delivers a range of multi-accessible, flexible and effective financial solutions to nearly 10 million of Vietnamese through consumer lending products and services.

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Our history

2018

– Serving nearly 10,000,000 customers
– Expand cooperation with more than 9,000 partners
– Developed over 13,000 Point of Sales (POS) nationwide
– Occupied nearly 50% of the share of consumer finance in Vietnam as per published STOXPLUS reports.
– Signed a USD50 million loan contract with Lion Asia in January 2018
– Launched $NAP – the first robotic lending mobile apps in Vietnam – in July 2018, allowing customers to get instant loan approval in 15 minutes

2017

– Serving over 6,000,000 customers
– Expand cooperation with more than 7,000 partners
– Developed nearly 11,000 Point of Sales (POS) nationwide
– Became one of the leading credit card issuers with a total of nearly 500,000 cards issued in the market
– Awarded Best Consumer Finance Brand South East Asia 2017 by Global Brands magazine and Vietnam Excellent Brand Award 2016 by Vietnam Economic Times and Trade Promotion Agency
– Increased the chartered capital from VND 2.790 billion to VND 4.474 billion in July 2017
– Obtained a USD100 million loan by Deutsche Bank in November 2017. This is Deutsche Bank’s largest loan to the consumer finance industry in Vietnam to date

2016

– More than 14,600 employees are working at FE CREDIT
– Serving about 3,000,000 customers
– Expand cooperation with nearly 4,000 partners
– Developed more than 5,800 outlets across the country
– Proudly to be the best Consumer Finance Company in Vietnam 2016 – Global Banking and Finance Review Award

2015

– Successfully transformed all business activities into independent legal entity – Vietnam Prosperity Finance Limited Company (FE CREDIT brand) with new and simple brand identity.
– A pioneer in consumer finance credit card debuts
– Expand the online sales channels, mobile apps, and more
– Proudly to be the best Consumer Finance Company in Vietnam 2015 – Global Banking and Finance Review Award

2014

– Product launch: Loans for cellphones, electricity appliances – installment loan
– Expand sales network through businesses and alliances

2013

– Product launch: Loans for cellphones, electricity appliances – installment loan
– Expand sales network through businesses and alliances

2012

– Product launch: Cash Loans – One of the key products
– Established direct sales and sell channel through third party partners
– Achieved 150,000 customers, becoming a market leader

2011

– The distribution channel network reaches the milestone of 2,000 points of sales nationwide

2010

– 02/11/2010: Established Consumer Credit Bank of Vietnam (FE CREDIT).
– Successful development of the first product: Loan – Buy motorcycle on installment

 

Our key products

There are millions of people having financial difficulties but and cannot access to bank loans throughout Vietnam. Hence, FE CREDIT continually develops easy and effective consumer finance products & services – sustainable and safe solutions which are protected by law, to unburden Vietnamese people and realize their dreams of a better life.
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CORPORATE SOCIAL RESPONSIBILITY

To ensure the benefits for both the company and community in harmony and to create a sustainable growth, we embrace our social responsibility by continuous contributing to the economic and social development. By having a mission of “Realizing millions of dream”, FE CREDIT periodically organizes a number of meaningful activities for our communities across the country

ACHIEVEMENTS

2019

– FE CREDIT was awarded “Consumer Finance Product of the Year” in Vietnam at The Asian Banker Vietnam Country Awards

– FE CREDIT is recognized as one of the Top 10 largest private company in Finance-Banking-Securities sector, and it is also the only finance company within the Top 100 largest enterprises in Vietnam in all sector, conducted by Vietnam Report and published by VietNamNet

2018

– "Best Cosumer Finance Company South East Asia 2018” granted by Global Business Outlook

– "Most Innovative Consumer Finance Company Asia 2018" granted by Global Brands

– "Most Innovative Consumer Finance Company Asia 2018" granted by Global Brands

– FE CREDIT excellently ranked in the top of 500 Most Profitable Companies in Vietnam 2018 (Profit 500) by Vietnam Assessment Report Joint Stock Company (Vietnam Report) in collaboration with VietnamNet

– FE CREDIT’s credit card product scored a hat-trick of 3 awards at the Card & Electronic Payments International (CEPI) Asia Awards 2018

2017

– TOP 50 Vietnamese Organizations with attractive employer brand at Vietnam best place to work surve organized by ANPHABE

– Giải thưởng “Thương hiệu Tài chính tiêu dùng tốt nhất Đông Nam Á 2017” do Tổ chức Quốc tế Global Brands đánh giá

– 2 awards at the Card & Electronic Payments International (CEPI) Asia Awards 2017 "Best Technology Implementation – Front End" for the Selfie PLUS+ feature of its PLUS+ Credit Card ‘Best Card Offering – South East Asia’ for the PLUS+ Credit Card

2016

2016: FE CREDIT was honored and awarded the international award “Best Consumer Finance Company Vietnam 2016” by the Global Banking & Finance Review (GBAF – the United Kingdom).

2015

2015: FE CREDIT was honored and awarded the international award “Best Consumer Finance Company Vietnam 2015” by the Global Banking & Finance Review (GBAF – the United Kingdom).
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