Promoting the diversification of distribution channels
The 2025 F88 General Meeting of Shareholders officially approved the target of a sharp increase in outstanding loans of 43%, reaching VND 5,238 billion (excluding outstanding loans of CIMB that F88 manages assets).
Estimated revenue is VND 3,600 billion, growth is 33% and pre-tax profit increased sharply by 50%, to VND 673 billion.
The F88 Chairman believes that 2025 will continue to be a year of growth for the consumer finance industry, especially in the segment of affordable income customers, which has not been fully served by the traditional banking system.
To implement the above plan, F88 will expand its network of points of sale in potential areas to reach new customers while optimizing the efficiency of existing transaction offices.
F88's board said the company has completed its plan to expand the network with 889 transaction points in just the first 6 months of 2025.
To diversify distribution channels, F88 will promote online lending channels. Accordingly, the My F88 application will be deployed nationwide, taking advantage of technology to streamline operations, improve services, shorten processing time, enhance customer experience and increase the rate of self-service.
F88 General Director shared that the company focuses on the efficiency of operating the F88 store chain and expanding customer access through online channels.
Currently, F88 has been promoting digital transformation through the My F88 platform - the first and only integrated financial application in the field of mortgage lending, providing services such as insurance, installments and personal credit products.
This is a step to help F88 become a pioneer in digitalizing alternative financial models, creating conditions for customers to access capital quickly, transparently and more conveniently.
In addition to expanding its core business area of mortgage lending, with products suitable for affordable customers, F88 will also promote the distribution of insurance products through cooperation with major partners such as BMI, PVI, BSH, ...
Sharing at the Shareholders' Meeting, Chairman of the Board of Directors of F88 Phung Anh Tuan emphasized that we do not simply provide basic credit products but aim to provide diverse financial services and utilities to customers.
F88 builds a foundation for comprehensive growth in the future through expanding cooperation with sponsors and insurance companies to reduce capital mobilization costs.
Recently, F88 also launched financial store No. 888 with a design like a miniature banking transaction office, providing diverse financial services.
This store focuses on 3 main service groups: car registration loans, personal insurance distribution and basic retail banking services of the Military Commercial Joint Stock Bank (MB).
On the UPCoM floor in the third quarter of 2025
One of the contents that many shareholders and investors are interested in at the Congress is the progress of bringing F88 shares to UPCoM.
A representative of F88's board of directors said that the company is completing the necessary procedures to trade stocks on UPCoM in the third quarter of 2025.
This is an important step in the company's strategy, towards standardizing governance according to good practices and approaching long-term capital flows from the stock market.
Officially becoming a public company in May 2025 is considered a remarkable milestone, showing that F88's replacement financial model is recognized by the market, surpassing the strict standards of the State Securities Commission and is expected to be welcomed by investors when officially trading on the stock exchange.
The company's leaders emphasized that registering for transactions on UPCoM will be a "test" for businesses to better understand the expectations of the public investment, while creating opportunities for investors to evaluate F88's operating model before moving towards an official IPO on the listing on the exchange in the future.
F88 under the business registration certificate is not a credit institution, accordingly, no deposit is raised. F88's business capital mainly comes from equity, bond loans, and foreign loans.
With the gradual access to the stock market as part of the capital diversification strategy, opening up opportunities for long-term capital mobilization to invest in business activities, expanding the ecosystem and enhancing value for both businesses and the community.
