S Korea's Hyundai Card to buy 50% stake in Vietnamese financial firm for $42m

S Korea's Hyundai Card to buy 50% stake in Vietnamese financial firm for $42m

A Hyundai Card displayed at Ultra Korea. Photo: Hyundai

South Korea’s Hyundai Card is set to acquire a 50 per cent stake in FCCOM, a consumer finance company led by Vietnam-based mid-range lender Maritime Bank (MSB), for nearly 49 billion won ($42 million).

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