Prudential sells Vietnam consumer finance business to Shinhan unit for $151m

Prudential sells Vietnam consumer finance business to Shinhan unit for $151m

UK-based financial services group Prudential plc has announced an agreement to sell 100 per cent of its consumer finance business in Vietnam Prudential Vietnam Finance Company Limited (PVFC) to Shinhan Card Co., Ltd., a subsidiary of the Korean Shinhan Financial Group for a consideration of $151 million.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter