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Mb Shinsei Finance Limited Liability Company (Vietnam)

Main Activities: Consumer Lending
Secondary Activities: Other Depository Credit Intermediation | Miscellaneous Financial Investment Activities
Full name: Mb Shinsei Finance Limited Liability Company Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

MCREDIT was established as a joint venture between a Vietnamese bank and a Japanese bank in 2016. Its main function is to supply finance solutions such as Cash Loans, Installment Loans, Credit Cards. Besides the head office based in Ha Noi City, the subject has seven representative offices in Vietnam.Last year, the subject recorded the highest growth from its establishment. Accordingly, total assets and total income increased by 43.3% and 69.6%, respectively. Thanks to the impressive growth in 2022, MCREDIT reached Top 3 loan outstanding balance, ranking below FE Credit (a joint venture between VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK and SMBC CONSUMER FINANCE CO.,LTD), HD Saison (a joint venture between HO CHI MINH CITY DEVELOPMENT JOINT STOCK COMMERCIAL BANK and CREDIT SAISON CO.,LTD).

Headquarters
Floor 9, 10, 11, 12, MB Bank Building, No. 21, Cat Linh Street, Cat Linh Ward
Ha Noi (municipality); Red River Delta; Postal Code: 10000-14000

Contact Details: Purchase the Mb Shinsei Finance Limited Liability Company report to view the information.

Website: https://mcredit.com.vn/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
March 10, 2016
Key Executives
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General Director
Ownership Details
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50%
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49%
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1%
Company Performance
Financial values in the chart are available after Mb Shinsei Finance Limited Liability Company report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net interest income
59.54%
Net fee and commission income
852.89%
Operating profit (EBIT)
63.56%
Net Profit (Loss) for the Period
100.1%
Total assets
43.3%
Loans and advances to customers
43.04%
Deposits from customers
691.68%
Total equity
49.17%
Total Assets Trend
-3.92%
Net Interest Income Trend
43.47%

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