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SeABank Allowed to Early Apply Basel II

Oct. 30, 2019 - Southeast Asia Commercial Joint Stock Bank (SeABank - Vietnam) was officially recognized by the State Bank of Vietnam to comply with Circular 41/2016/TT-NHNN dated 30 December 2016 in accordance with Basel II international standards. Meeting the strict norms of Basel II shows that SeABank is capable of preventing credit risks, market risks, operational risks and risks that may occur during its operation.

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(NDF) Nguyen Phuong Thao - MS 01

Ndf - ms01

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SeABank reaches a profit of nearly 683 billion dong in the first 9 months of 2019

Southeast Asia Commercial Joint Stock Bank (SeABank) announced consolidated business results for the first 9 months of 2019 with pre-tax profit of 683 billion VND, up 65% over the same period in 2018. SeABank has also been rated by Moody's long-term credit level B1 and voted by The Asian Banker in the Top 500 largest and most powerful banks in Asia - Pacific.