AEON Financial to buy Vietnam-based SeABank's microfinance unit for $175m

AEON Financial to buy Vietnam-based SeABank's microfinance unit for $175m

AEON Financial, the financial arm of Japanese retail major AEON, has agreed to buy a 100% stake in Post and Telecommunication Finance Company Limited (PTF) from Vietnam-based Southeast Asia Commercial Joint Stock Bank (SeABank) for 4.3 trillion dong ($175 million).

Edited by: Pramod Mathew