Accordingly, the head office of Home Credit Vietnam is located at G, 8th and 10th Floor of Women Building, 20 Nguyen Dang Giai, Thao Dien Ward, District 2, Ho Chi Minh City. Its charter capital of VND 550 billion is wholly owned by Home Credit B.V headquartered in Netherland. The operational duration of Home Credit Vietnam is 50 years from April 18, 2008.
Home Credit Vietnam is allowed to perform all activities of a consumer finance company in line with applicable laws and SBV regulations, including following activities: (i) Mobilizing funds under forms of receiving deposits from institutions; issuing certificates of deposit, bills and bonds to mobilize capital from institutions; borrowing from credit institutions, international and domestic finance institutions in accordance with applicable; (ii) Providing credit under the following forms: lending, including installment loans and consumer loans; issuing credit cards; (iii) other activities: opening deposits at SBV; opening payment accounts at commercial banks and foreign bank branches; opening deposits and loan management accounts; trading and providing forex activities in the international and domestic markets; insurance agents; providing consultancy services concerning with banking, finance and investment.
Home Credit Vietnam is required to comply with Vietnam’s laws. The License took effect from the date of signing and replaces License No. 112/GP-NHNN dated April 18, 2008 and other documents related to revision of License./.
Source: sbv.gov.vn