12:17 (GMT +7) - Saturday 23/02/2019


HD SAISON among leaders in consumer finance

Released at: 15:22, 23/05/2018 Vietnam golden dragon awards & Vietnam Excellent Brand Awards

HD SAISON among leaders in consumer finance


Company's focus is customers not served or under-served by banks and other finance companies.

by Ngoc Lan

Serving over 4 million customers and cooperating with more than 7,000 partners at nearly 12,000 point of sales (POS) nationwide, HD SAISON is one of the leading consumer finance companies in Vietnam.

It provides installment loans to individual customers via agents located at the POS of its partners, such as motorbike shops, electronics and furniture stores, tourist agencies, and other retailers. Most clients range from low to middle-income earners who are not served or under-served by banks, which often require lengthy procedures and a strict credit history.

The company not only cooperates with manufacturers such as Honda, Piaggio, Samsung, and Oppo and chain stores like Mobile World, FPT Shop, and Nguyen Kim but also with thousands of individual business households. Over the course of the last ten years, HD SAISON has expanded its network to 12,000 POS in all 63 cities and provinces in Vietnam.

HD SAISON aims to become the most trusted consumer finance company in Vietnam. To achieve this goal, the “human” factor remains at the heart of its strategy. HD SAISON considers satisfying consumer financial needs as its top priority and so continuously improves service quality and launches new products and services.

In addition to popular loan services for motorbikes, electronics, telephones, and furniture, as well as cash loans, at end of 2014 HD SAISON also introduced travel loans to the market and a few months later wedding loans, which are unique among consumer finance companies. HD SAISON also provides loans for buying cars and mini trucks, which were previously only available through banks.

In the third quarter of this year, HD SAISON and Vietjet Air will launch instalment payment services for flight tickets, to make many people’s “dreams of flying” come true in the near future.

Considering its business development to be associated with community building and social welfare, HD SAISON takes corporate social responsibility (CSR) very seriously. Its staff of nearly 9,000 employees actively take part in annual charity programs around the country. For instance, the Blood Donation Day has been co-organized by the company and the National Institute of Hematology and Blood Transfusion in Ho Chi Minh City, Hanoi, and Da Nang annually since 2015, with thousands of blood units collected to help save lives.

In April, HD SAISON was the only customer finance company listed among the 50 companies with the best growth in Vietnam, according to Vietnam Report and Vietnamnet. A few months previously it won a “Top 50 Vietnam The Best” award for the first time.

2018 has also marked a milestone in HD SAISON’s development journey, as the company was among the FAST500 (the Top 500 fastest growing companies in Vietnam) and the VNR 500 (the Top 500 largest Vietnamese enterprises in terms of revenue) for the third year in a row.

Thoi bao Kinh te Viet Nam, the owner of Vietnam Economic Times, also recognized and honored HD SAISON as a “Vietnam Excellent Brand” in 2016 and 2017 for its outstanding performance. Other prestigious awards include “Top 20 Golden Services” from the Vietnam Intellectual Property Association, “Top Brands 2016” from the Institute of Economic Research (IER) and Global GTA (UK), and “Trusted Brand Index” from the Vietnam Enterprises Institute and InterConformity (Germany and EU).

Established in 2007, Société Générale Viet Finance Limited Liability Company (SGVF) - the original name of HD SAISON - was the first fully foreign-owned non-bank financial company to obtain a business registration certificate from the State Bank of Vietnam.

SGVF was acquired by Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) in 2013 and changed its name to the Ho Chi Minh City Development Joint Stock Commercial Bank Finance Limited Liability Company (HDFinance).

In 2015, HDFinance became the HD SAISON Finance Co. (HD SAISON) after receiving strategic investment from Japan’s Credit Saison group.

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