SeABank and AFS have clarified information related to the Transfer Contract of Postal Finance Company Limited.

Regarding the Capital Contribution Transfer Contract of Post and Telecommunication Finance Company Limited (“PTF”) and the announcement of AEON Financial Service Co., Ltd. (“AFS”), Southeast Asia Commercial Joint Stock Bank (“SeABank”) and AFS had positive exchanges in the spirit of goodwill and the highest cooperation to clarify the issues raised by AFS.

Accordingly, AFS has clearly confirmed that SeABank is completely unrelated and unaware of any possible provisioning differences at PTF in the period before the transaction was completed. At the same time, AFS has also officially withdrawn its initial announcements related to the transaction and affirmed its determination to continue to manage and develop PTF in a sustainable and long-term manner.

To continue developing the relationship between the two parties, SeABank and AFS have signed a cooperation agreement to develop retail products and services to best meet the needs of customers of both parties in Vietnam.

Source: https://www.seabank.com.vn/tin-tuc/tin-seabank/news/seabank-va-afs-da-lam-ro-cac-thong-tin-lien-quan-toi-hop-dong-chuyen-nhuong-cong-ty-tai-chinh-tnhh-mot-thanh-vien-buu-dien