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Japan’s AEON Group drops US$175 million on Vietnam financial services company

SeABank has sold Post and Telecommunications Finance Company Limited (PTF), one of Vietnam’s first non-bank credit institutions, to AEON Financial Services, for VND 4.3 trillion (US$175.2 million), Vietnam News is reporting. PTF was sold to SeABank by VNPT in 2018 for 710 billion VND (US$29 million). 

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