On November 3, 2020, the State Bank of Vietnam (SBV) issued Decision No.1899/GP-NHNN revising the License for the Establishment and Operations of Lotte Finance Vietnam Co., Ltd. (LotteFinance).
Illustrated image
Accordingly, Paragraph 2 of Article 1 of License No.102/GP-NHNN dated November 19, 2019 issued by the SBV Governor for LotteFinance is revised, to read as follows: “Head office address: Floor 12A, West Tower, Lotte Center Hanoi, 54 Lieu Giai, Cong Vi ward, Ba Dinh district, Hanoi”.
This Decision took effect from the date of signing and is an integral part of License No. 102/GP-NHNN. LotteFinance is responsible for implementing the procedures of amending and supplementing its Charters in line with the new head office address, registering, publicizing and reporting on the implementation to the SBV (via the Banking Supervision Agency) in accordance with the laws. LotteFinance is also requested to ensure the requirements for the conditions of its head office in line with Paragraph 2, Article 20 of Circular No. 30/2015/TT-NHNN dated December 25, 2015 stipulating the licensing for non-bank credit institutions and other applicable regulations.
Le Hang