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Krungsri Bank to fully acquire SFinance in Vietnam

PRIVATESep 05, 20263 days ago

Acquiring Company

Krungsri Bank

Acquired Company

SFinance Consumer Credit Finance Company Limited

ThailandVietnamFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceFintechLending

Description

Krungsri Bank is moving toward full ownership of SFinance Consumer Credit Finance Company Limited, previously SHBFinance. The acquisition accelerates a phased transfer that began two years ago. SFinance has rebranded and reorganized into a single-member limited liability entity as part of this process. The firm plans to expand its product offerings under the new ownership.

Company Information

Company

Krungsri Bank

Location

Thailand

About

Krungsri Bank is Thailand’s fifth-largest financial group by total assets. It operates as a consolidated subsidiary of Japan’s Mitsubishi UFJ Financial Group (MUFG). The bank provides a wide range of financial services including consumer finance, corporate banking, and investment services. With a strong market presence, it aims to enhance its offerings and customer experience.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired SFinance Consumer Credit Finance Company Limited?

SFinance Consumer Credit Finance Company Limited was acquired by Krungsri Bank, based in Thailand. The deal was reported on September 5, 2026. Krungsri Bank is Thailand’s fifth-largest financial group by total assets. It operates as a consolidated subsidiary of Japan’s Mitsubishi UFJ Financial Group (MUFG). Krungsri Bank is privately held and operates in Financial Services.

When did Krungsri Bank acquire SFinance Consumer Credit Finance Company Limited?

Krungsri Bank's acquisition of SFinance Consumer Credit Finance Company Limited was reported on September 5, 2026. Krungsri Bank is moving toward full ownership of SFinance Consumer Credit Finance Company Limited, previously SHBFinance. The acquisition accelerates a phased transfer that began two years ago. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does SFinance Consumer Credit Finance Company Limited do?

SFinance is a leading consumer finance firm in Vietnam, established over eight years ago. It currently employs 4,500 staff and serves one million customers. It is privately held, operating in Financial Services, and is based in Vietnam.

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