Regarding the Contributed Capital Transfer Contract of Post Office One Member 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 is not aware of any potential reserve differences in PTFs in the time before completing the transaction. At the same time, AFS has also officially withdrawn initial announcements related to the transaction and affirmed its determination to continue managing and developing PTFs in a sustainable and long-term manner.
To continue developing the relationship between the two sides, SeABank and AFS have signed a cooperation agreement to develop retail products and services to best meet the needs of both customers in Vietnam.