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Consumer lending

Secret from balance sheets of ‘Big 4’ banks

In per-labour-force terms, consumer debt even jumped from 41 per cent of income in 2013 to more than 100 per cent in 2020, according to HSBC.

SBV approves Shinhan to acquire Prudential Vietnam Finance

The $150-million deal will be completed within next three months, adding to the list of business sectors of the Korean financial group in Vietnam covering banking, financial services and securities activities.

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