Formerly HDFinance, HD SAISON Finance renamed after Japan's Credit Saison became a strategic shareholder in April.
HDBank and Credit Saison (Japan) officially introduced HD SAISON Finance on July 4, the new brand identity of HDFinance.
The brand was initially Société Générale Vietnam Finance, before being acquired in 2013 by HDBank and becoming HDFinance. In April this year the Credit Saison became a strategic shareholder, with 49 per cent of capital, and renamed the entity HD SAISON Finance.
HD SAISON Finance has over 3,000 representative points throughout the country and relations with over 2,000 partners to serve around 1 million customers with loans for motorbikes, motor cars, mobile phones, and so on.
“There have been more Japanese enterprises investing in Vietnam and more Japanese tourist coming here as well, which indicate the extent of the links between the two countries,” Mr. Takahashi Naoki, Chairman of HD SAISON Finance, told the introduction ceremony. “In this context, in 2012 Credit Saison opened a representative office in Hanoi, which was our first base in Southeast Asia, to expand the consumer finance market. After the long process of analysis, we are proud to have the opportunity to come together with HD Bank and HDFinance.”