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4 days trước

Moody’s confirmed the CFR B1 for FE CREDIT

On 18 May 2024, Moody’s Investors Service confirmed long term rating assessment for VPBank SMBC Finance Company Limited (FE CREDIT) remains unchanged at B1. Moody’s has confirmed the CFR B1 of FE CREDIT, which is based on the correlation with other members of the same group. According to Moody’s assessment, although FE CREDIT still faces […]

2 years trước

FE CREDIT SUCCESSFULLY COMPLETES INAUGURAL ESG-COMPLIANT TRANSACTION

FE CREDIT has achieved all its sustainability performance targets for its inaugural ESG-compliant loan, aiming for stable and sustainable growth in the future. HÀ NỘI — VPBank SMBC Finance Company Limited (FE CREDIT’s) ESG commitments were  part of a loan agreement worth up to US$100 million between FE CREDIT and Deutsche Bank, Singapore branch, signed […]

2 years trước

FE CREDIT SUCCESSFULLY COMPLETES INAUGURAL ESG-COMPLIANT TRANSACTION

FE CREDIT has achieved all its sustainability performance targets for its inaugural ESG-compliant loan, aiming for stable and sustainable growth in the future. HÀ NỘI — VPBank SMBC Finance Company Limited (FE CREDIT’s) ESG commitments were part of a loan agreement worth up to US$100 million between FE CREDIT and Deutsche Bank, Singapore branch, signed […]

3 years trước

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 […]




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