Mcredit wins 'Best Consumer Finance Company' once again

May 22nd at 08:11
22-05-2023 08:11:15+07:00

Mcredit wins 'Best Consumer Finance Company' once again

MB Shinsei Finance Co., Ltd. (Mcredit) has secured the prestigious 'Best Consumer Finance Company in Vietnam' for 2023. This is the second year in a row that the loan provider has received the award, and the third year in a row to be honoured at the event.

The esteemed accolade was presented by The Global Economics (TGE) magazine at The Global Economics Awards, an annual event to acknowledge and honour businesses around the world who have performed exceptionally in various sectors including banking, finance, real estate, insurance, energy, and technology.

Mcredit had to undergo a rigorous evaluation process based on TGE’s comprehensive review criteria such as customer feedback, market access methodology, product and service quality, interface and application usability, innovation, as well as growth targets.

With its customer-centric business philosophy, Mcredit understands customers' needs and difficulties when it comes to consumer loans and continually improves and develops its smart financial solutions to help people access capital quickly and conveniently.

Common obstacles encountered by customers, such as difficulties in proving financial status, dealing with complex and drawn out inquiries, and the desire to maintain privacy regarding borrowing activities, have led Mcredit to launch its revolutionary TikTak lending product. Leveraging cutting-edge technology, this application-based lending service provides customers with a streamlined and expedited consumer lending experience. Within just five minutes, customers can secure safe and reliable loans.

Mcredit maintains a strong focus on innovative methods to win new customers and enhance the customer experience. In 2022, the company successfully established eight target customer profiles as part of its second five-year strategy. It piloted customer packages tailored specifically to workers and farmers, offering a diverse range of 95 product packages designed specifically for each customer segment.

Mcredit maintains a strong focus on innovative methods to win new customers and enhance the customer experience.

At the beginning of the year, Mcredit announced a strategic partnership with the National Payment Corporation of Vietnam to develop a domestic credit card. This collaborative effort aims to introduce a credit card that offers numerous benefits and features for customers, such as competitive interest rates and flexible interest payment methods to alleviate payment pressure. The unique 2-in-1 feature allows payments at various points of sale, online transactions, and cash withdrawals, bringing financial flexibility to customers.

This is the third year in a row that Mcredit has been honoured at the Global Economics Awards, having previously won the 'Most Innovative Consumer Finance Company' in 2021. The awards are in recognition of Mcredit's continuous improvement, creative initiatives, and dynamic digital transformation, as well as improving the quality of life for Vietnamese workers.

vir



NEWS SAME CATEGORY

Credit package for social housing development not yet disbursed: SBV

The credit package of VND120 trillion (US$5 billion) for social housing development has not yet been disbursed due to many challenges.

Challenges for banks in luring non-term deposits

It is much more difficult for banks to attract cheap capital from non-term deposits, or current account savings account (CASA), in the context of high interest...

VPBank has received a 10 per cent deposit from SMBC

At an investor-update meeting on May 18, Luu Thi Thao, deputy general director of VPBank, revealed that the bank has received a 10 per cent deposit from Japanese...

Banking sector invests big in digital transformation

Viet Nam's banking sector has invested over VND15,000 trillion in digital transformation by the end of 2022, according to the State Bank of Vietnam (SBV).

Heated debate on VAT cut bill

The VAT cut bill introduced on May 6 has sparked heated debate in the National Assembly (NA).

State-owned banks continue cutting deposit interest rates

Four State-owned banks have further cut deposit interest rates by 0.2-0.3 percentage points to reach around 7 per cent for 12-month deposits.

MB appoints Pham Nhu Anh as CEO

With a strong foundation built on academic excellence and a formidable professional track record, Pham Nhu Anh assumes the role of new CEO at Military Commercial...

Vietnam central bank adds over $6bn to foreign reserves

The State Bank of Vietnam, or Vietnam’s central bank, has bought over US$6 billion in the year to date to beef up its foreign exchange reserves.

PVcomBank launches multi-channel merchant acquires service

PVcomBank, Vietpay Technology Company Ltd under Nexxo SG Private Limited (the UK) and Visa have officially launched a multi-channel merchant acquire service with an...

PVcomBank launch multi-channel merchant acquires service

PVcomBank, Vietpay Technology Company Ltd under Nexxo SG Private Limited (the UK) and Visa have officially launched a multi-channel merchant acquire service with an...

Bank stocks

Insurance stocks


MOST READ


Back To Top