On June 21, 2019 in Hong Kong, at a grand event attended by representatives of leading global companies from different industries, FE CREDIT was honored to receive two awards – CEO of the Year and CRM Director of the Year from Asia Pacific Customer Service Consortium (APCSC). Khalidas Gose, vice chairman and CEO of FE CREDIT was named CEO of the Year by APCSC APCSC is a leading body promoting service quality and customer relationship excellence across the Asia-Pacific region and offering recognition and rewarding teams, companies, individuals and business units that have contributed to the success of both their organisations and their customers. Kalidas Ghose, vice chairman and CEO of FE CREDIT received the CEO of the Year award while Basker Rangachari, chief marketing officer of FE CREDIT, was recognised as CRM Director of the Year. By APCSC’s criteria, nominees must have demonstrated vision and leadership in building their respective organisations with strong … [Read more...] about FE CREDIT scores double awards from APCSC
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GoBear Vietnam inks deal with FE Credit
Bảo Nguyễn, country director of GoBear Vietnam, and Kalidas Ghose, vice chairman and CEO of FE Credit, sign a partnership agreement on March 4 in HCM City that will drive greater financial inclusion for Vietnamese, especially those without banking accounts. — VNS PhotoViet Nam News HCM CITY — GoBear, Asia’s first and only metasearch engine for insurance and banking products, and FE Credit, the largest lender in Việt Nam’s consumer finance market, have signed a deal to drive greater financial inclusion for Vietnamese people. Under the partnership, GoBear Vietnam will synergise with FE Credit’s award-winning end-to-end digital lending mobile app $NAP. The new GoBear powered by FE Credit app will enable an entirely digital application process, streamlining the user journey from comparison to application, and loan pre-approval within 15 minutes. This will bring better access to unsecured loans to millions of Vietnamese who do not have … [Read more...] about GoBear Vietnam inks deal with FE Credit
FE Credit scores “hat trick” of solid growth over three consecutive years
CEO and vice chairman of FE Credit, Kalidas Ghose, explained the institution’s performance in 2018 A maturing market Whilst its parent, VPbank’s 2018 annual results has been officially released, has revealed a number of indicators showing its overall performance for the year. Accordingly, FE Credit has been able to maintain its thrust in credit disbursal over the course of the year on the same pace recorded in prior years. According to Kalidas Ghose, CEO and vice chairman at FE Credit, the company disbursed an average of VND4.5 trillion ($195.7 million) in credit per month till September. The figure has then growing at a double-digit rate per month during the last quarter, with the month of December seeing a record high of 50 per cent hike in credit disbursals. “Such an increase in disbursals of more than 50 per cent in three months is a rare occurrence in a volume-driven retail business consisting of small ticket loans like consumer finance,” commented the … [Read more...] about FE Credit scores “hat trick” of solid growth over three consecutive years
FE Credit scores hat trick of solid growth over three years
FE Credit expects hat-trick of solid growth over three years A maturing market Whilst its 2018 annual report has not yet been officially released, the largest consumer finance firm in terms of market share in Vietnam has revealed a number of indicators showing its overall performance for the year. Accordingly, FE Credit has been able to maintain its thrust in credit disbursal over the course of the year on the same pace recorded in prior years. According to Kalidas Ghose, CEO and vice chairman at FE Credit, the company disbursed an average of VND4.5 trillion ($195.7 million) in credit per month till September. The figure has then growing at a double-digit rate per month during the last quarter, with the month of December seeing a record high of 50 per cent hike in credit disbursals. “Such an increase in disbursals of more than 50 per cent in three months is a rare occurrence in a volume-driven retail business consisting of small ticket loans like consumer finance,” … [Read more...] about FE Credit scores hat trick of solid growth over three years
GoBear, CredoLab launch credit score assessment app
GoBear and CredoLab launch a new phone application to evaluate credit scores for prospective borrowers. — VNS Photo Asia’s first and only metasearch engine in insurance and banking, GoBear, has tied up with smartphone-based alternative credit scoring provider CredoLab to launch Easy Apply, an app that enables financial institutions to extend credit to a larger pool of customers. The partnership signified important headway in making financial services accessible to unbanked people in Viet Nam, GoBear said. Besides Viet Nam, the app will also be launched in Indonesia, the Philippines and Thailand. GoBear said the app utilises CredoLab’s AI-based proprietary algorithms that extract and analyse tens of thousands of data points from applicants’ smartphones, turning these anonymised ‘digital footprints’ into predictive credit scorecards to be used for their credit card, loan or insurance applications. The use of non-traditional smartphone data for credit … [Read more...] about GoBear, CredoLab launch credit score assessment app