Fitch Ratings affirms Mcredit's B+ rating with stable outlook

This marks the second consecutive year that Fitch has maintained Mcredit's long-term credit rating at B+ (Stable).

Earlier, in June 2025, the Vietnam Investment Credit Rating Joint Stock Company (VIS Rating) also assigned Mcredit a long-term issuer rating of A-, reaffirming the company's solid financial foundation, stable market position, and growing reputation in Vietnam's consumer finance sector.

According to Fitch, the rating reflects strong and consistent support from Mcredit's two strategic shareholders — Military Commercial Joint Stock Bank (MB) and SBI Shinsei Bank (Japan). The partnership contributes not only financial strength and transparent governance but also a shared focus on sustainable growth and digital transformation.

Mcredit was rated B+ by Fitch Ratings. Photo courtesy of Mcredit

In recent years, Mcredit has accelerated its comprehensive digital transformation, effectively leveraging its strategic ecosystem — including MB, MoMo, Viettel, and ZaloPay — to expand customer access and diversify products.

As a result, the company has achieved solid operational performance and sustainable growth momentum: total operating income in the first six months of 2025 increased 31% year-on-year; profit before tax rose 11%; and cost-to-income ratio (CIR) improved by 5.4 percentage points compared to 2024

The positive assessments from both Fitch Ratings and VIS Rating reaffirm Mcredit's robust risk management, sustainable business strategy, and digital innovation capabilities, further strengthening market confidence among customers, partners, and investors both domestically and internationally.