This is an important milestone, providing a solid foundation for Lotte Finance to expand and develop its business activities in 2025.
Lotte Finance’s charter capital has increased by more than VND726 billion ($27.8 billion) compared to 2024, rising from VND4.2 trillion ($161.4 million) to over VND4.9 trillion ($188.3 million), with Lotte Card Co., Ltd (Korea) owning all of the charter capital.
Lotte Finance is also rolling out more financial services
This will enable Lotte Finance to continue developing and expanding consumer financial services such as consumer loans, instalment loans, car loans, buy now pay later, and credit card issuances. At the same time, Lotte Finance is also rolling out more financial services for businesses and small- and medium-sized enterprises (SMEs) to better meet the increasingly demanding needs of customers.
A representative of Lotte Finance stated, “The capital increase is not only a crucial step to strengthen Lotte Finance’s financial resources but also creates favourable conditions to implement long-term development strategies while comprehensively restructuring and expanding business scale.”
In the first six months of 2025, Lotte Finance actively expanded its cooperation with strategic partners such as Woori Bank, Alliex, and VNPT EPAY to diversify its portfolio of financial products and services and enhance customer experience. In addition, the company has implemented a series of business strategies, including expanding loan products for civil servants and public employees, developing secured loans, and launching Lotte VietMerchant Credit, a loan package specifically designed for SME households, offering competitive interest rates, simple procedures, and flexibility.
