Promote diversification of distribution channels

F88's 2025 Shareholders' Meeting officially approved the target of a strong increase in outstanding debt of 43%, reaching VND 5,238 billion (excluding CIMB outstanding debt that F88 manages assets). Expected revenue is VND 3,600 billion, up 33%, and pre-tax profit increases sharply by 50%, reaching VND 673 billion.

“We believe that 2025 will continue to be a year of growth for the consumer finance industry, especially in the low-income customer segment, which has not yet been fully served by the traditional banking system,” said Mr. Phung Anh Tuan, Chairman of F88.

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 management said the company has completed its network expansion plan 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, leveraging technology to streamline operations, improve services, shorten processing times, enhance customer experience and increase self-service rates.

F88 General Director shared that the company focuses on the operational efficiency of the F88 chain of stores 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, installment payments and personal credit products. This is a step to help F88 become a pioneer in digitizing alternative financial models, creating conditions for customers to access capital more quickly, transparently and conveniently.

In addition to expanding its core business of mortgage lending, with products suitable for the average customer base, 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: "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 future growth through expanding cooperation with funding partners and insurance companies to reduce capital mobilization costs.

Recently, F88 has also launched the 888 digital financial store, designed as a miniature bank transaction office, providing a variety of financial services. This store focuses on 3 main service groups: car registration loans, personal insurance distribution and providing basic retail banking services of the Military Commercial Joint Stock Bank (MB).

Regarding human resources, F88 also focuses on improving the capacity of employees nationwide, taking advantage of human resource development and construction centers. At F88, identifying a strong human resource team is a key factor for the company to implement strategic initiatives, promote innovation and provide quality services to customers, especially in a business environment with many prejudices and a rapidly digitalizing context. The combination of these activities will help F88 gradually realize the goal of sustainable development, bringing value to both customers and businesses.

Listed on UPCoM in the third quarter

One of the issues that many shareholders and investors are interested in at the General Meeting is the progress of listing F88 shares on UPCoM. A representative of F88's board of directors said that the company is completing the necessary procedures to trade shares on UPCoM in the third quarter of 2025. This is an important step in the company's strategy, aiming to standardize governance according to good practices and access 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 alternative 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 to trade on UPCoM will be a "test" for the business to better understand the expectations of the investing public, while also creating an opportunity for investors to evaluate F88's operating model before proceeding to IPO on the official listing floor in the future.

Source: https://baodautu.vn/dhcd-f88-muc-tieu-loi-nhuan-tang-50-len-san-upcom-quy-iii2025-d314807.html