Latest News about FE Credit
Những năm gần đây, làn sóng thanh toán quathẻ với xu hướng “không tiền mặt” đang bùng nổở Việt Nam. Thẻ tín dụng trở thành lựa chọn phổ biếnvới người tiêu dùng ưu tiên sự tiện lợi và có nhu cầu tài chính cấp bách.
Moody's Investors Service has placed the long-term ratings and assessments of three Vietnamese finance companies and two Vietnamese banks on review for downgrade.
Experts warn that businesses suffering the most may not be able to access the VND285 trillion aid package because they cannot prove solvency.
The news that VP Bank has decided to shift its subsidiary FE Credit, specializing in consumer lending, to a joint stock company from a limited company has stirred up the public.
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.
Domestic banks are in a position to complete their 2019 profit targets if they finish the year on a high.
With an annual 20-30 percent growth rate, the consumer credit market has become an attractive sector.
Consumer credit has grown by five times in the last five years, according to the State Bank of Vietnam.