Volvo Trucks and Construction Equipment Installment Financing... Volvo Financial Services Enters Korea

[Asia Economy Reporter Suyeon Woo] Volvo Financial Services (VFS), which is in charge of global financial services for the Volvo Group, announced on the 20th that it has established Volvo Financial Services Korea and entered the domestic market.

Volvo Financial Services Korea aims to support and contribute to the growth of the group and its customers' businesses by providing competitive, customized financial solutions to Volvo Group customers in Korea.

Gray McCartney, President of Volvo Financial Services, said, "We are very pleased to provide financial services to customers of Volvo Trucks and Volvo Construction Equipment in Korea," adding, "Korea is a very important market for Volvo Financial Services and the Volvo Group, so the headquarters decided to invest in operating a branch office in Korea."

Sungmo Yang, CEO of Volvo Group Korea, stated, "With the establishment of Volvo Financial Services Korea, Volvo Construction Equipment and Volvo Trucks, brands under the Volvo Group, can provide integrated financial solutions to domestic customers," and added, "We expect this to be a very important momentum for the long-term growth of the Volvo Group in the Korean market."

Choi Jin-woo, CEO of Volvo Financial Services Korea

Jinwoo Choi, CEO of Volvo Financial Services Korea, also expressed his ambition, saying, "Volvo Financial Services Korea is composed of experts with extensive experience and knowledge of the transportation and construction industries in the Korean market. Based on the expertise and experience of the Volvo Group, we will strive to meet the rapidly changing market demands while providing a high-quality financial service experience to domestic customers."

Volvo Financial Services Korea offers an all-in-one financial service that includes installment financing products for heavy trucks and construction equipment, as well as loan financing products for ancillary business expenses such as special vehicles and trailers. Detailed information can be found on the official website.

This content was produced with the assistance of AI translation services.