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SeABank issues preferential shares and internally convertible bonds

The Management Board of SeABank has just issued the decision to permit the bank’s staff to buy awardaward shares is approx VND4.8bil (price per share of VND10.000) and of bonds is over VND5bil (price per bond is VND10mil). shares and internally convertible bonds of the bank in Q3 07. The total value of

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SeABank reduces lending rate

From 1/10/07, SeABank will adjust the lending rate to their borrowers. All of lending items for individual and corporate customers will be greatly cut down from the previous rates to make SeABank one of the banks with the most favorable lending rate in the market. The customers will be able to flexibly access a safe and effective lending source with optimal benefits and minimal cost. SeABank also offers highly preferential terms of car loan, housing loan and consumer loan to individual customers , the lowest lending rate is only 0.92%/month.