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Vietnamese pawn shop chains have been attracting increasing investment for several years now as large demand for quick loans prompt their expansion. Leading jeweler Phu Nhuan Jewelry (PNJ) recently announced that it would acquire a 30 percent stake in…
PNJ has decided to invest in pawnshop chain Golden Friend, with the stipulation it cannot exceed 30 percent of the latter’s charter capital. The Board of Directors of the Phu Nhuan Jewelry Joint Stock Company (PNJ) has entrusted PNJ CEO Le Tri Thong with…
Pioneer online pawnshop PawnHero has come to the rescue of Filipinos with urgent cash needs. In the Philippines, only two out of 10 Filipinos have bank accounts and fewer than five per cent have credit cards. Most don’t have access to affordable credit. As…
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