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 […]
FE CREDIT WINS TOP 10 EXCELLENT PRODUCTS FOR CONSUMERS AWARD
FE CREDIT scored a double triumph as it bagged two awards “Top 10 Excellent Brands for Consumers” and “Top 10 Excellent Products for Consumers” at the Excellent Products of Vietnam 2019 organized by The Consumer Rights Protection Center of Vietnam.
Recently in Hanoi, after competing with 300 applications from various organizations across the country, FE CREDIT was honoured to be named twice at the Excellent Products of Vietnam 2019 award ceremony. This event was jointly organized by Vietnam Institute of Economics and Culture and, Consumer Rights Protection Center of Vietnam.
FE CREDIT was amongst 100 prestigious organizations which entered the final round and made it in in the Top 10 of both categories “Excellent Brands for Consumers 2019” for FE CREDIT and “Excellent Products for Consumers” for FE Credit Card.
After more than 4 months of evaluation, the Committee consisting of leading experts from consumer protection organizations, selected the most excellent products and services across the country which met the following criteria: high quality, high competitiveness, brand reputation, fulfilled tax obligations, actively participating in social activities amongst many other parameters.
This award has recognized FE CREDIT’s efforts to bring flexible, comprehensive and digitalized financial solutions to consumers; it is also a testimony to customers’ trust in the brand and quality of FE CREDIT’ products.
Mr. Kalidas Ghose, CEO of FE CREDIT proudly shared: “Using digital solutions for customer convenience has become a part of our DNA at FE CREDIT. We have been constantly innovating to affirm the quality of products and services in order to maintain our customers’ loyalty. These awards are a respectful recognition for FE CREDIT’s leading position in the market and inspire us to constantly strive to bring more benefits to our customers.”
FE CREDIT has always led the market with the most diverse and comprehensive portfolio. FE Credit Card plays an important role in the success of FE CREDIT by creating an ongoing relationship with customers. By end of June 2019, there were over 1.5 million cards issued and is expected to reach 2 million by the end of 2019.
Mr. Ghose continued: “FE CREDIT is proud to be honoured as one of the top 10 brands to provide Excellent Products for Consumers, which proves the trust of our customers on our product quality. FE CREDIT is committed to make life easy and convenient for card users. The biggest reward for us is to see that our cardholders engage with our cards and make it an integral part of their day-to-day life.”
With its vision to become the most innovative company in Vietnam, FE CREDIT will continue to dominate the market by continuing digital transformation and automation, enhancing financial inclusion and contributing to a more stable and sustainable development of Vietnam’s agenda of cashless economy.
About FE CREDIT
Pioneering in Consumer Finance, FE CREDIT has established a solid foundation to become the market leader of the unsecured consumer loans market. FE CREDIT currently provides consumer lending services such as personal loans, two-wheeler loans, consumer durable loans and credit cards. FE CREDIT has served over 10 million customers, co-operating with more than 9000 partners across over 13,000 Points of Sale (POS) nationwide.
Moreover, the value of the FE CREDIT brand is also recognized by noteworthy and respected national and international awards including Best Consumer Finance Company Vietnam 2019 and Best Consumer Finance Company for Customer Experience Asia 2019, CEO of The Year and Best Customer Experience Management Of The Year, Top 10 Asia’s Most Trusted Brands at the Asia International Economic Forum 2019.
For more information, please contact:
FE CREDIT Marketing Center – VPBank Finance Company Limited (VPB FC)
Address: Level 2, REE Tower Building, No. 9 Doan Van Bo, Ward 12, District 4, Ho Chi Minh City
Phone: (08) 3911 5212
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