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SeABank is included in the list of banks eligible to serve ODA projects

icon calendar20/04/2013

SeABank was honored to be selected in the list of banks eligible to serve ODA projects in Vietnam by the SBV as per SBV’s Correspondence No. 465/NHNN-HTQT. To be selected, SeABank has completed the approval process with various criteria, requiring the bank to have a stable CAR in 5 continuous years, an operational network suitable with ODA project’s area, and compliance commitment to the regulations of the Government, MOF and foreign investors.

To efficiently receive and manage ODA funds, SeABank have strongly expanded its network, improve the credit and fund management quality, enhance IT background, HR, etc. to contribute to the community’s socioeconomic development.  

Recently, SeABank has been officially included in group 1 and granted with the credit growth limit of 17% in 2012 – the highest credit growth limit for credit institutions with healthy and safe operation. This milestone is a great motivation for the Bank to capture the opportunity, strengthen its position as the leading bank in terms of management, business performance, moving towards the comprehensive integration in 2012.

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