On February 8, 2021, the State Bank of Vietnam (SBV) issued Decision No. 162/QD-NHNN revising the License of Lotte Finance Vietnam Co., Ltd. (LotteFinance).
Illustrated image (source: internet)
Accordingly, Article 2 of License No. 102/GP-NHNN dated November 19, 2020 issued by the SBV Governor for Lotte Finance Vietnam Co., Ltd. has been revised, to read as follows: “Charter capital of Lotte Finance Vietnam Co., Ltd. Is: VND 1,313,969,610,643 (One thousand three hundred thirteen billion, nine hundred sixty-nine million, six hundred ten thousand, six hundred fourty-three Vietnamese Dongs), which is wholly owned by Lotte Card Co., Ltd”.
This Decision took effect from the date of signing and is an integral part of License No. 102/GP-NHNN dated November 19, 2019 issued for Lotte Finance Vietnam Co., Ltd. With the issuance of this new Decision, Decision No. 392/QD-NHNN dated March 10, 2020 revising the License of LotteFinance also ceased to be effective.
Le Hang