This marks the second consecutive year FE Credit has received a "stable" outlook from Moody's. Additionally, the agency also raised the company's independent credit assessment to B2.
According to Moody's, the upgrade reflects improvements in business restructuring, cost control, risk management, and optimized operational expenses. The company focused on strengthening its internal foundations and enhancing comprehensive governance capabilities, supported by two major domestic and international financial institutions: VPBank and SMBC. This provides impetus in both financial strength and management expertise.
Furthermore, the company's environmental, social, and governance (ESG) factors showed improvements, indicating progress in corporate governance quality and financial strategy.
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FE Credit is a finance company within the VPBank ecosystem. *Photo: FE Credit*. |
Regarding business results, in 2025, FE Credit achieved a revenue of 16,455 billion VND and a pre-tax profit of 611 billion VND, an increase of over 19% year-on-year, marking its second consecutive profitable year. Total assets exceeded 70,163 billion VND by year-end, with financial safety indicators meeting regulatory requirements.
The company attributed these results to its restructuring process, which focused on risk control, improving loan portfolio quality, and optimizing operations. Concurrently, the company adopted more prudent credit policies tailored to each customer segment and increased technology application in its management.
An FE Credit representative stated that the credit rating upgrade signifies international recognition for its efforts to improve financial and governance capabilities. Moving forward, the company will continue to focus on enhancing service quality, implementing international standard risk management, and investing in technology to improve customer experience.
In 2026, FE Credit aims for growth by leveraging VPBank's customer ecosystem, while continuing to develop transparent consumer finance products that align with market demand and promote financial inclusion.
(Source: FE Credit)
