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Ho Chi Minh City
Thursday, September 28, 2023

Golden days are gone

By Thuy Le

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In the near future, finance companies may need to undertake significant operational restructuring, reevaluate their growth strategies, and identify their primary customer segments. Simultaneously, they should think of measures to enhance their risk assessment and control processes after disbursing funds. No longer the goose that laid the golden eggs From a peak of over VND4 trillion in 2017-2019, the profit before tax of FE Credit totaled more than VND3.7 trillion in 2020 despite all those economic woes during the Covid-19 pandemic. Following the transfer of a 49% stake to SMBC […]
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