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consumer finance
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AEON buys out SeABank financial unit for $175M
AEON Financial Service, a unit of Japan’s biggest retailer AEON Group, has signed a deal with SeABank to fully acquire its consumer finance unit PTF for VND4.3 trillion ($175.42 million).
SHB sells consumer finance unit to Thai lender
The Saigon-Hanoi Commercial Joint Stock Bank will sell a 50 percent stake in its consumer finance division, SHB Finance, to Thailand’s Bank of Ayudhya.
Hyundai Card to acquire 50 pct stake in Vietnam consumer finance firm
Hyundai Card, the credit card subsidiary of Hyundai Motor Group, is set to buy a 50 percent stake in consumer finance firm FCCOM.
October 29, 2019 | 09:45 pm PT