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Tag: FE Credit
Vietnam's new consumer finance curbs to challenge business models: Fitch
Fitch Ratings believes larger, more established finance companies are better-placed to meet the new requirements while newer, smaller companies that concentrate on cash loans may find it harder to shift their business models.
Moody's places five Vietnamese financial institutions on review for downgrade
An upgrade is unlikely, given the review for downgrade.
Moody's confirms ratings of five Vietnamese financial institutions
Moody's rating action concludes the review for downgrade initiated on April 7, 2020.
Vietnam gov’t encourages foreign investment into banking sector
The Vietnamese government welcomes Sumitomo Mitsui Banking Corporation’s deal worth US$1.4 billion to acquire 49% stake at local consumer finance firm FE Credit.