ANTD.VN - SeABank and AEON Financial Service Co., Ltd. (AEON Financial) - a member of the financial sector of AEON Group, have signed a memorandum of understanding on strategic cooperation.
Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB) announced that on December 15, 2023, in Tokyo, Japan - this Bank and AEON Financial Service Co., Ltd. (AEON Financial) - a member of the financial sector of AEON Group, signed a memorandum of understanding on strategic cooperation.
Then, on December 16, 2023, within the framework of the Vietnam - Japan Economic Forum held in Tokyo, SeABank and AEON Financial signed and awarded a capital contribution transfer contract at Postal Finance Company (PTF) worth VND 4,300 billion, witnessed by Prime Minister Pham Minh Chinh and Mr. Nishimura Yasutoshi - Minister of Economy, Trade and Industry of Japan (METI).
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SeABank and AEON Financial signed and awarded the Capital Contribution Transfer Contract at Post and Telecommunication Finance Company (PTF) |
AEON Financial is a member of the financial division of AEON Group - Japan's largest retail group with a strong presence in Japan, China, Southeast Asia including Vietnam.
Currently, AEON Financial is operating in 11 countries and is active in areas such as Credit Card Business, Installment Finance Business, Banking Business, Insurance Business, and many others.
As of the end of February 2023, AEON Financial reached 48 million credit card customers. In 2022, AEON Financial achieved operating revenue of nearly 3.5 billion USD, equity of more than 3.1 billion USD and total assets of more than 46.5 billion USD.
AEON Financial started operating in Vietnam in 2008 through the establishment of ACS Vietnam Trading Company Limited, providing installment sales services in conjunction with retailers for durable consumer goods such as computers, home appliances, furniture, motorbikes, etc. and currently accumulates a partner network of more than 6,700 POS across 63 provinces and cities.
The signing of the Memorandum of Understanding on strategic cooperation opens up opportunities for SeABank and AEON Financial to cooperate more deeply, aiming to become comprehensive partners, while maximizing the advantages of both sides.
Previously, SeABank and AEON Financial signed a contract to transfer all of SeABank's capital contributions at Post and Telecommunication Finance Company (PTF) with a transfer price of VND 4,300 billion. Currently, the parties are actively completing the documents to seek approval from the State Bank of Vietnam and competent State agencies to complete the transaction.
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