HD SAISON Finance makes its debut
(VOV) - HDBank and Japan’s Credit Saison have finalized capital contribution formalities for a strategic cooperative plan to promote the retail and financial sector in Vietnam towards stronger socio-economic development.
Accordingly, HDBank and Credit Saison will take full advantage of human resources, experience and their powerful network to turn itself into a top player in the retail and financial sector in the country.
Credit Saison will hold stakes of HDFinance and will be renamed as HD SAISON Finance.
A HDBank Representative said the strategic cooperation will contribute to developing the financial market, diversifying products for consumer loans in Vietnam in a safe and effective manner, adding that the move will help stimulate the socio-economic development and generate jobs for Vietnamese citizens.
Credit Saison will greatly benefit from its approach to the highly lucrative market with the support from HDBank, its shareholders and members.
Credit Saison- the largest credit card issuer in Japan- owns an online shopping channel at Eikyufumetsu.com with revenue of more than US$10 million.
The group’s representative offices are also based in China, Singapore and Vietnam.