Challenge - explained

OK Financial Holdings is a large financial group in Korea and one of their core business is debt trading and related business OK Financial had a preliminary study of the market but there was lack of in-depth review about the possible business for debt trading including bad debts from banks and corporates

Solution:

FiinResearch was engaged by OK Financial Group to study the market and give advices for market entry to offer this service for Vietnamese customers The review covered regulatory review, market practices, market sizing for bad debt market in Vietnam and rooms for offering services The assignment also involves introducing few local debts trading licensed firms to explore potential business collaboration in financing bad debts which used to be dominant by local debt trading companies

Results:

Market clearly defined and evaluated including recommendations for market strategy and phasing-out approach in introducing this service in Vietnam Legal setups and key operating licenses for OK Financial Group to consider to setting up a full business here in Vietnam Specific transactions and potential partners identified for discussion with OK Financial Group in discussing debt trading collaboration as pilot service in Vietnam