What Does VPBank Finance Company Limited Do?

Total employees13000
HeadquartersHo Chi Minh City
Founded2010

VPBank Finance Company Limited, operating under the brand name FE Credit, is a leading consumer finance company in Vietnam. It was established from the Consumer Finance Division of Vietnam Prosperity Joint Stock Commercial Bank (VPBank). FE Credit offers a comprehensive suite of financial products, including unsecured personal loans, credit cards, two-wheeler loans, consumer durable loans, and insurance products. The company focuses on serving the mass-market segment and individuals with limited access to traditional banking services, leveraging a wide distribution network and digital technologies to provide fast and convenient financial solutions. In 2021, SMBC Consumer Finance Co., Ltd., a subsidiary of Sumitomo Mitsui Financial Group, acquired a 49% stake in FE Credit, forming a strategic partnership to further enhance its growth and market position.

Where Is VPBank Finance Company Limited's Headquarters?

VPBank Finance Company Limited officeVPBank Finance Company Limited officeVPBank Finance Company Limited officeVPBank Finance Company Limited office
*Images sourced via web search. Rights belong to original owners

HQ Function

Serves as the central hub for strategic decision-making, corporate governance, product development, risk management, and overall operational oversight for FE Credit's nationwide activities.

Notable Features:

Located in Ree Tower, a modern office building, providing a professional and contemporary work environment equipped to support a large financial institution's operations.

Work Culture:

A dynamic, fast-paced environment focused on innovation in financial services, customer centricity, and achieving growth targets. Emphasis on performance, digital transformation, and compliance within the regulatory framework of Vietnam's financial sector.

HQ Significance:

The Ho Chi Minh City headquarters is vital for coordinating FE Credit's extensive network across Vietnam, driving its market leadership in consumer finance, and fostering strategic partnerships like the one with SMBC.

Values Reflected in HQ: The choice of a modern, well-located office in Vietnam's primary business hub reflects ambition, professionalism, and a commitment to being a leading financial institution accessible and efficient.

Location:

VPBank Finance Company Limited (FE Credit) primarily operates within Vietnam, with an extensive network covering all 63 provinces and cities. While its direct operational presence is domestic, it engages globally through strategic partnerships, notably with Japan's Sumitomo Mitsui Financial Group (SMFG) and its subsidiary SMBC Consumer Finance, which holds a significant stake. This partnership facilitates knowledge sharing, access to international capital markets, and adoption of global best practices in risk management and technology.

Street Address:

Ree Tower, 9 Doan Van Bo, Ward 13

City:

Ho Chi Minh City

State/Province:

Ho Chi Minh City

Country:

Vietnam

Where Else Does VPBank Finance Company Limited Operate Around the World?

Nationwide, Vietnam

Address: Multiple branches and service points across all 63 provinces and cities in Vietnam.

To serve local communities, expand market penetration, and facilitate on-the-ground operations and customer engagement across different regions of Vietnam.

Buying Intent Signals for VPBank Finance Company Limited

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading VPBank Finance Company Limited? Meet the Executive Team

As of April 2025, VPBank Finance Company Limited' leadership includes:

Ms. Nguyen Thi Minh Nguyet - Chairwoman of the Board of Members
Mr. Dmytro Kolechko - Chief Executive Officer (CEO)
Ms. Truong Hoang Oanh - Head of Finance and Accounting Division (CFO equivalent)
Ms. Nguyen Thuy Hang - Deputy CEO & Head of Collections Division
Mr. Graham Michael Knight - Head of Risk Management Division
Mr. Doan Van Nhan - Head of Information Technology Division

Who's Investing in VPBank Finance Company Limited?

VPBank Finance Company Limited has been backed by several prominent investors over the years, including:

Vietnam Prosperity Joint Stock Commercial Bank (VPBank)
SMBC Consumer Finance Co., Ltd. (SMBCCF), a subsidiary of Sumitomo Mitsui Financial Group (SMFG)

What Leadership Changes Has VPBank Finance Company Limited Seen Recently?

Hire1
Exits1

The most significant executive change in the last 12 months was the appointment of a new CEO. Following Mr. Kalidas Ghose's departure in May 2023, Ms. Nguyen Thuy Hang served as acting CEO until Mr. Dmytro Kolechko was officially appointed in March 2024.

Departures

Mr. Kalidas Ghose, Mr. Kalidas Ghose stepped down from his role as CEO of FE Credit after a long tenure.

New Appointments:

Mr. Dmytro Kolechko, Mr. Dmytro Kolechko was appointed as the new CEO of FE Credit, bringing extensive experience in consumer finance and digital transformation.
Ms. Nguyen Thuy Hang, Ms. Nguyen Thuy Hang, Deputy CEO, served as Acting CEO during the transition period from May 2023 to March 2024.

What Technology (Tech Stack) Is Used byVPBank Finance Company Limited?

Discover the tools VPBank Finance Company Limited uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

VPBank Finance Company Limited Email Formats and Examples

VPBank Finance Company Limited (FE Credit) likely uses common corporate email formats for its employees. While variations can exist, standard patterns often involve combinations of first name and last name with the company domain.

first.last@fecredit.com.vn

Format

minh.nguyen@fecredit.com.vn

Example

75%

Success rate

What's the Latest News About VPBank Finance Company Limited?

VnExpress International • March 19, 2024

FE Credit appoints new CEO Dmytro Kolechko

Consumer finance firm FE Credit has appointed Dmytro Kolechko from Ukraine as its new CEO. Kolechko has 18 years of experience in consumer finance in various markets and previously worked at Home Credit in Southeast Asia....more

Vietnam News • April 26, 2024

VPBank reports nearly flat pre-tax profit in Q1, FE Credit shows signs of recovery

VPBank's Q1 2024 financial results indicated that its consumer finance arm, FE Credit, is showing initial signs of recovery and contributing to the bank's consolidated figures, after a period of restructuring and focusing on improving asset quality....more

Nikkei Asia • October 28, 2021

Japan's SMBC completes acquisition of 49% in Vietnam consumer lender FE Credit

Sumitomo Mitsui Financial Group (SMFG) completed the acquisition of a 49% stake in FE Credit for about $1.4 billion. This strategic investment aims to tap into Vietnam's growing consumer finance market and expand SMBC's presence in Southeast Asia....more

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