Asian Finance Consolidations and Partnerships

Kbank, KB Kookmin, and SCB X are final bidders for Home Credit's business in Vietnam, aiming for a potential valuation of about $700 million. Cake by VPBank partners with VinFast to support e-bike buyers in Vietnam, promoting green consumption and financing packages for electric vehicles. Moody's affirms SeABank's Ba3 rating and stable outlook, reflecting improved capitalization. KBank is in talks to acquire Home Credit Vietnam in a deal worth up to $1 billion, aiming to expand its presence in Vietnam and become a top bank by 2027.