Formerly the Consumer Credit Division under the Vietnam Prosperity Commercial Joint Stock Bank (VPBank), FE CREDIT has successfully transformed its Consumer Credit business into a new independent legal entity called Finance Company. Vietnam Prosperity Bank One Member Limited Liability Company (identified with the Brand FE CREDIT) in February 2015.
In October 2021, VPBank completed the sale of 49% of FE CREDIT's charter capital to SMBC Consumer Finance Company (SMBCCF), a subsidiary owned by Japan's Sumitomo Mitsui Financial Group of 100%. At the same time, Vietnam Prosperity Bank Finance Company Limited was also renamed to Vietnam Prosperity Bank Finance Company Limited SMBC.
After 11 years of operation, with the mission of realizing millions of dreams, FE CREDIT has established a solid foundation and continuously maintained its leading position in the consumer finance market with a nationwide network. at more than 21,000 points of sale with more than 16,000 employees. With more than 12 million Vietnamese people having their financial difficulties solved, including 30% new loan contracts each year, FE CREDIT has contributed to eliminating black credit, improving living standards of working people and promoting economic growth. consumer economy.
Take promotional photos for the FEcredit brand loan program
Keywords: fecredit, fe credit, fecedit, fecreddit
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