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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.
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.
Located in Ree Tower, a modern office building, providing a professional and contemporary work environment equipped to support a large financial institution's operations.
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.
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.
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.
Ree Tower, 9 Doan Van Bo, Ward 13
Ho Chi Minh City
Ho Chi Minh City
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.
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As of April 2025, VPBank Finance Company Limited' leadership includes:
VPBank Finance Company Limited has been backed by several prominent investors over the years, including:
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.
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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
VnExpress International • March 19, 2024
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'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
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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