Mcredit stumbles as rivals surge ahead in consumer finance boom
While major consumer finance firms in Vietnam have reported strong growth, Mcredit posted an unexpected 87 per cent drop in profit for the first half of 2024.
While major consumer finance firms in Vietnam have reported strong growth, Mcredit posted an unexpected 87 per cent drop in profit for the first half of 2024.
MB has just announced a completion of selling 49 per cent stake in its consumer finance arm Mcredit Finance Company to Japan’s Shinsei Bank.