Lotte Card Card to launch loans for affiliates in Vietnam

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The story "Lotte Card Card to launch loans for affiliates in Vietnam" was covered 2 days ago by Korea Economic Daily, a news publisher based in South Korea.

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Lotte Card Card to launch loans for affiliates in Vietnam - Korea Economic Daily

Quick Summary:

Lotte Finance Vietnam, the Vietnamese corporation of Lotte Card signed an agreement with a local financial solution company Alliex and payment service firm Vnpt Epay to develop and expand credit and loan products for small businesses and franchises.

The three companies plan to release a loan product for small businesses and franchises based on franchisee sales in the first half of next year.

South Korea's Lotte Card said on Monday it will launch loans for affiliates in Vietnam.