三井住友 FG:收购印度的非银行:富乐敦印度

三井住友 FG:收购印度的非银行:富乐敦印度

-以2200亿日元收购74.9%-

[东京,7 月 6 日,路透社]

三井住友金融集团:

7月6日,它宣布将收购印度的非银行富乐顿印度公司。

收购富乐敦印度:

它将以20亿美元收购富乐敦金控74.9%的股权。

未来将成为全资子公司。

富乐金融:

它由新加坡投资公司淡马锡全资拥有。

富乐印度在印度拥有 650 多家门店。

我们为中小企业、商业个人和中产阶级提供无抵押贷款和房地产抵押贷款。

路透社

https://jp.reuters.com/article/smfg-india-ma-idJPKCN2EC0F5

Japan’s SMFG to buy 74.9% stake in Fullerton India for $2 bln

TOKYO, July 6 (Reuters)

Sumitomo Mitsui Financial Group Inc (8316.T), Japan’s second-largest lender by assets,

said on Tuesday it would buy a 74.9% stake in Fullerton India for $2 billion, marking the first major foray by a Japanese bank into India during recent times.

Given a slow-growing domestic market, Japanese banks including SMFG

have sought business opportunity outside the country, which faces an ageing and shrinking population.

Fullerton Financial,
parent of the Indian non-bank firm, is a unit of Singapore’s state investment fund Temasek Holdings Pte.

It is a central bank-registered shadow lender that offers loans to individuals and small businesses.

“SMFG will gain a retail finance platform in India as it is essential for the expansion of its Asia franchise,”

the Japanese lender said in a statement, adding that it plans to acquire the Indian credit firm from Fullerton Financial at a later stage.

There are an estimated 10,000 shadow lenders in India out of which

the top 100 manage at least 80% of the total assets under management, according to analysts.

Philippine bank
Last month, SMFG agreed to invest about 10 billion yen ($90.26 million) in Philippine bank Rizal Commercial Banking Corporation,

Vietnam’s non-bank
and in April SMFG said it would invest up to 150 billion yen in Vietnam’s biggest non-bank lender FE Credit.

Reuters

https://www.reuters.com/world/india/japans-smfg-buy-749-stake-fullerton-india-2-bln-2021-07-06/