News
13/09/2023
On September 13, 2023, the international credit rating agency Moody's Investors Service (Moody's) announced the credit rating assessment results for Southeast Asia Commercial Joint Stock Bank (SeABank, stock code SSB). Moody's has affirmed SeABank's credit rating at Ba3 and maintains a stable outlook for its development prospects. This reaffirmation of SeABank's rating with a stable outlook reflects Moody's expectations of the bank's high capital safety and improving performance.
According to Moody's, SeABank continues to receive a Ba3 credit rating for both Issuer and Foreign Currency Deposit ratings. Additionally, Moody's maintains SeABank's credit assessment (BCA) at B1. Moody's also affirms SeABank's TCE (Tangible Common Equity) ratio at 12.9% as of June 2023, which is among the highest for banks rated by Moody's in Vietnam.
In the context of various domestic and international market fluctuations, the financial and banking sector in Vietnam is facing numerous challenges. Moody's affirmation of SeABank's credit rating with a stable outlook reflects the organization's expectations of the bank's high capital adequacy and its ongoing improvements.
Moreover, Moody's decision to maintain SeABank's credit ratings at Ba3 and B1 reflects their positive assessment of the bank's improved asset quality management, high capital adequacy ratios, stable lending activities, and liquidity. This also signifies Moody's expectations that SeABank's creditworthiness will remain stable in the next 12-18 months.
Moody’s Ratings upgrades SeABank’s key credit ratings, changes outlook to Positive
Hanoi, July 28, 2026 – Moody's Ratings has released its latest credit rating report on SeABank (HOSE: SSB), upgrading several key credit rating categories, including the Baseline Credit Assessment (BCA) and Adjusted BCA to Ba3, the Long-term Counterparty Risk Ratings (CRRs) to Ba2, and the Long-term Counterparty Risk (CR) Assessment to Ba2(cr); while maintaining SeABank's Ba3 Long-term (LT) bank deposit and Issuer ratings. Moody’s also changes the Bank's outlook to Positive from Stable.
28/07/2026
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SeABank’s Ba3 credit ratings reaffirmed by Moody’s
September 19, 2025 – Moody’s, one of the world’s top three leading credit rating agencies, announced its 2025 credit ratings for Southeast Asia Commercial Joint Stock Bank (SeABank). SeABank’s local currency (LC) and foreign currency (FC) long-term (LT) bank deposit and Issuer ratings were maintained at Ba3, Baseline Credit Assessment (BCA) retained at B1, outlook remains Stable.
19/09/2025
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SeABank’s credit rating remained at Ba3 with Stable outlook by Moody’s
Vietnam, September 7, 2024 – Moody's Investors Service (Moody's) announced its 2024 assessments of Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB). SeABank’s Long-term bank deposit rating remained at Ba3 and Baseline Credit Assessment (BCA) at B1, with a Stable outlook.
10/09/2024
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