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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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SeABank honored with “Best product & service award - 2010”

SeABank’s savings, credit and ATM card products have won the “Best service and products” Award thanks to nomination by consumers and readers of Sài Gòn Tiếp Thị (Saigon Marketing).

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SeABank to issue most modern EMV Chip MasterCard

SeABank was recently admitted as a principal member of the world’s biggest card organiztions which are Visa and MasterCard by means of fiduciary guarantee. This is an important basis for SeABank to issue Visa and MasterCard international cards including credit and debit products which are globally usable with multiple flexible applications.

SeABank attains 478.8 bn. VND of pre-tax profit

By the end of financial year 2009, South-east Asia Bank (SeABank) continued its stable growth drive with pre-tax profit of 478.8 bn. VND (before credit risk provisions).