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SeABank signed the agreement to transfer 100% of capital contribution at PTF to AEON Financial Service

On October 20, 2023 in Hanoi - Southeast Asia Commercial Joint Stock Bank (SeABank, ticker SSB) officially signed an agreement to transfer SeABank’s full capital contribution at Post and Telecommunication Finance Company Limited (PTF), which is 100% of PTF’s charter capital, to AEON Financial Service Co., Ltd., the financial arm of the AEON Group, Japan’s largest retail group, for the purchase price of 4.3 trillion Vietnamese dong. The PTF transfer agreement is expected to bring significant capital surplus to SeABank’s shareholders as well as further improve SeABank’s financial capacity.

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