Thailand’s Siam Commercial Bank to acquire Home Credit Vietnam for $851 mln
Thailand’s Siam Commercial Bank (SCB) has signed a sale and purchase agreement to acquire 100% of the charter capital of consumer finance firm Home Credit Vietnam for VND20,973 billion ($851 million).
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam consumer lending companies report heavy losses in H1
Amid the gloomy business picture in the first half of the year, many consumer finance companies and pawnshops in Vietnam have reported heavy losses or plunging profits compared to the same period last year.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thailand's KBank explores major Vietnam acquisition deal
Thailand's second-biggest lender Kasikornbank said Wednesday it is exploring an acquisition deal in Vietnam but that it is still not the time to announce the result if any.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Czech senior leader meets with Home Credit
The Czech Republic-backed consumer finance firm Home Credit Vietnam welcomed Deputy Speaker of the Chamber of Deputies of the Czech parliament Jan Bartosek on Friday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
F88 responds to police probe of 5 staff members
Vietnamese financial services firm F88 confirmed Friday that Ho Chi Minh City police are investigating five of its debt collectors, and that it would not conceal any individuals' wrongdoings, if any.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Home Credit responds to police presence at headquarters
Ho Chi Minh City police worked with Home Credit Vietnam on Tuesday as part of their checks being carried out on consumer finance companies, the firm said.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Home Credit champions ESG standards
Home Credit Vietnam has maintained environmental, social and governance (ESG) standards as part of its business philosophy amid pandemic-induced depleted consumption.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Home Credit navigates fraud risks
Home Credit Vietnam, a leading consumer finance company in the country, has sought to counter fraudulent activities in the sector.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
- Editor’s Picks
-
No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
-
Techcombank plans 10% stake issue to foreign strategic investors
-
Vietnam needs to build more highways: logistics firm exec
-
Vietnam central bank pumps cash to save troubled lender SCB
- Most Read
Site clearance deadline set for $2 bln northern Vietnam LNG power plant
Energy - Update 3 day ago
- Editor’s Picks
-
No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
-
Techcombank plans 10% stake issue to foreign strategic investors
-
Vietnam needs to build more highways: logistics firm exec
-
Vietnam central bank pumps cash to save troubled lender SCB
