Shinhan Finance to debut in Vietnam early July

25-Jun-2019 Intellasia | The Saigon Times | 6:02 AM Print This Post

Shinhan Vietnam Finance Company receives its all business licenses, marking a milestone to officially introduce its brand to Vietnamese customers.

With effect from June 14, Prudential Vietnam Finance Company Ltd, (Prudential Finance) was approved to change its business name as Shinhan Vietnam Finance Company Ltd, (Shinhan Finance) according to Establishment License No. 51/GP-NHNN dated 03/May/2019 issued by the State Bank of Vietnam (SBV) and amended Enterprise Registration Certificate dated June 14th, 2019 issued by the HCM City Department of Planning and Investment.

In the coming weeks, the company will be doing a lot of building and testing behind the scenes, and working closely with the relevant parties such as customers, business partners and vendors, so that they can officially launch full current operations.

The change of company name is expected to not affect its existing good business relationships and transactions with its customers. The company is confident to continuously provide products and services of the highest quality to all parties concerned.

Shinhan Finance affirms that while its business name is changing, its legal status and office address remain the same. The company’s business remains fundamentally unaffected by this change and all contracts with existing customers will remain unaltered, with corresponding obligations and rights assumed under the new name. It means all of loan agreements customers signed with Prudential Finance or Shinhan Finance remain unchanged in terms of legal effect and the company’s collection partners continue to serve customers as usual.


Category: Finance, Vietnam

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