United Overseas Bank Ltd (UOB) recently completed the acquisition of Citigroup’s consumer banking business in Vietnam, which includes Citibank’s unsecured and secured lending portfolios, wealth management business, and retail deposit businesses.
HANOI: Large foreign financial groups are actively penetrating the Vietnamese consumer finance market, which has significantly helped accelerate the digitalisation of the country’s financial services.
United Overseas Bank Ltd (UOB) recently completed the acquisition of Citigroup’s consumer banking business in Vietnam, which includes Citibank’s unsecured and secured lending portfolios, wealth management business, and retail deposit businesses.
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