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09/11/2023
On November 9, 2023, in Hanoi, Southeast Asia Commercial Joint Stock Bank (SeABank, stock code SSB) and AEON Financial Service Co., Ltd. (AEON Financial), a subsidiary of the financial sector of AEON Group, held a signing ceremony for the transfer of SeABank's entire capital contribution in Postal Financial Limited Liability Company (PTF), equivalent to 100% of PTF's charter capital, at a transfer price of 4,300 billion Vietnamese dong.
The signing of the contract to transfer the entire capital contribution at PTF is an activity that was approved by the SeABank General Shareholders' Meeting as part of the roadmap to seek potential foreign investors interested in acquiring SeABank's capital contribution in PTF. Upon completion of the transfer, it will provide SeABank with additional capital to strengthen its financial capacity, expand its scale, invest in technology, and thereby promote its business activities in key segments, aiming to become the most beloved retail bank.
Speaking at the signing ceremony, Ms. Lê Thu Thủy, Vice Chairman of the Board of Directors of SeABank, said: "AEON Financial is one of the leading companies in the consumer finance sector. With a strong reputation and over 40 years of experience in developing non-banking markets in Japan and 10 Asian countries under AEON Financial Service, we believe that PTF will continue to grow and provide a variety of consumer financial products and services for the people of Vietnam."
Mr. Kenji Fujita, Chairman and CEO of AEON Financial, stated: "AEON Financial Services, has been engaged in the financial business in 10 Asian countries for more than 30 years, and began offering its own installment loans in Vietnam since2008. This transaction is an important step in our growth strategy in Vietnam, and after obtaining the license, in addition to providing personal loans, we plan to issue credit cards in the future. We will make as many contributions as possible to the Vietnamese financial market with our know-how accumulated in Japan and other Asian countries."
After signing the contract, both parties will seek the approval of the State Bank of Vietnam to complete the transfer transaction.
Established in October 1998, PTF is one of the first financial companies in Vietnam. Currently, PTF has a charter capital of 1,550 billion Vietnamese dong, nearly 2,000 employees, and serves nearly 200,000 customers in 30 provinces and cities across the country. With the desire to bring financial opportunities to customers and improve their lives and future, PTF constantly innovates, improves the quality of services, offers various fast and convenient loan types, and diversifies products with attractive interest rates to meet the diverse needs of customers.