Efforts in connecting and covering microfinance

This post is also available in: Tiếng Việt (Vietnamese)

In recent years, with the rapid growth of the consumer finance market, to expand market share and compete for loans in all customer segments, cooperation solutions with financial technology enterprises (fintech) has been selected by many credit institutions.

Among the partners of commercial banks and finance companies, Kim An Investment Consulting JSC (Kim An Group) is emerging as a unit with a fairly wide and effective operation scale. This unit is currently applying digital technologies, supporting credit institutions to disburse more than 21,000 loans per year for customer groups of micro enterprises, small businesses and business households.

Mr. Binh Duc Hanh, Director of Business and Partner Development of Kim An Group, said that up to now, Kim An had a branch network covering 40 provinces and cities across the country. Businesses owning data of more than 1 million customers are individual business households or micro businesses.

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