Hanoi (VNA) – VP Bank Finance Company Limited (FE CREDIT), one of the largest credit card issuers in Vietnam, scored a hat-trick of gongs at the 5th Annual Cards and Electronic Payments International (CEPI) Asia Awards 2018.
CEPI Asia Awards, organised by the Cards International in collaboration with Electronic Payments International, is a leading event in the Asia-Pacific region to honour initiatives on developing credit cards, e-payments and marketing and trade promotion campaigns.
This year, FE CREDIT won “Best Card Design” award for Vietnam’s first limited edition card which was launched during the Lunar New Year 2018.
The company received the “Highly Commended” award for its product Fast Cash that allows cardholders access to cash through just one SMS and without an ATM booth, withdrawing money from post offices for free.
For the “Best New Product, Service and Innovation Launch” category, FE CREDIT bagged the “Highly Commended” award for its MPLUS credit card, a locally-developed unique digital card solution to address card delivery issue in Vietnam.
Kalidas Ghose, Vice Chairman and CEO of FE CREDIT, said “Customer-centric innovation is at the core of our business.”
The awards recognise FE CREDIT’s leading position in the market while inspiring the firm to strive harder for its customers, he added.
Earlier this month, the lender was named “Best Consumer Finance Company, Southeast Asia 2018” by Global Business Outlook.
As a pioneer in consumer finance, FE CREDIT has established a foundation to become the market leader in the sector. Currently, the firm provides a wide range of consumer lending services like personal loans, two-wheeler loans, consumer durable loans and credit cards.
The firm has served some 10 million customers and worked with 8,400 partners nationwide.-VNA
Deutsche Bank provides 100 mln USD loan for FE Credit
Germany’s Deutsche Bank will provide a guaranteed loan worth 100 million USD for the VPBank Finance Company Ltd (FE Credit) to strengthen its leading position in consumer finance.