Home Credit Vietnam honoured among the top 50 outstanding investors in 2021-2022

The Golden Dragon Award is a prestigious event organised by the Vietnam Economic Times for the past 21 years to honour the production and business achievements of the top 50 foreign-invested enterprises (FIEs) in Vietnam. This year's award recognises Home Credit's efforts to serve customers and its contribution to the country’s sustainable development and financial inclusion.

Khang Pham, Home Credit Vietnam’s CFO said, “The award recognises Home Credit’s contributions to sustainable development and the care for customers’ daily financial needs. This is how we won it eight years in a row. This achievement further solidifies my belief in our journey to empower our employees and more Vietnamese people to live the life they want.”

Joining Vietnam in 2008, Home Credit is one of the first FIEs to provide consumer finance products in the country. The company pioneered offering zero-interest loans with instalment payments to help consumers purchase motorbikes and electronic home appliances.

Home Credit has been pushing responsible finance and financial inclusion to ensure transparency, compliance, and customer care at the highest level. The company offers customers the right products based on their needs and financial capacities, ensuring that they understand all essential information related to the service, as well as helping them with a sustainable repayment plan.

Home Credit has been maintaining its bad debt ratio at under 3 per cent as recommended by the State Bank of Vietnam, ensuring keeping customers away from bad debts while performing the company's financial inclusion mission.

Furthermore, it is also the first consumer finance company to incorporate environmental, social, and governance (ESG) standards into its operations. At the end of 2021, Home Credit published its first ESG report outlining the firm’s vision for providing sustainable and responsible financial products and services.