MB Shinsei Consumer Credit Finance Limited Liability Company

Mcredit, established in 2016, is a joint venture finance company owned 50% by Military Joint Stock Commercial Bank (MBB), one of Vietnam's largest commercial banks, and 49% by SBI Shinsei Bank, Limited, a major Japanese financial institution.
Since its inception, Mcredit has rapidly scaled to become the third-largest finance company in Vietnam by total assets, commanding a 10% market share among 16 finance firms as of end-2024. Its lending portfolio is primarily composed of unsecured cash loans (54%), followed by consumer durables, two-wheeler loans and non-consumer loans (corporate loans) (13% each), and credit cards (7%).
Serving around 3.4 million underbanked retail clients, Mcredit leverages strategic partnerships across banking, telecommunications, e-wallets, e-commerce, and social media platforms, supported by a nationwide network of more than 26,800 payment points. As MBB's largest subsidiary by assets, Mcredit benefits from MBB's extensive physical footprint and customer base to reach underserved segments and cross-sell financial products to MBB's corporate clients.