SeABank to launch a Transaction Bureau in Hanoi

SeABank’s Transaction Bureau is located in the building of the Head Office at 25 Trần Hưng Đạo, Hoàn Kiếm, Hà Nội. The Bureau meets all the requirements on scope of use and a workforce of professional staff, and is equipped with the state-of-the-art security, computing and vault equipment for the best banking operations.

SeABank’s Transaction Bureau under the Head Office is connected online with all outlets throughout the system of SeABank. The Center deploys all the current products and services offered by SeABank so as to satisfy demands for banking operations towards agencies, enterprises of all economic sectors as well as inhabitants:

- Mobilization: term savings, current savings in VND and foreign currencies.

- Loan: Short, medium and long-term loans in VND and foreign currencies.

- Forex trading: Trading of foreign currencies, international settlement and other services related to forex as per the regulations on forex management of the Government, the State Bank of Vietnam and SeABank.

- Other banking services: Domestic settlement, factoring, instant remittance, treasury services, payroll services, card issuing, guarantee issuing, etc. as per regulations of the State Bank of Vietnam and SeABank.

The launching of Hanoi Transaction Bureau raised the total number of outlets of SeABank to 77 nationwide, including 1 Transaction Bureau, 22 Branches and 54 Transaction Offices. SeABank schedules to expand the network to 116 outlets all over the country in 2010.

SeABank currently has charter capital of more than 5.068 billion VND, which affirms its position among 7 biggest commercial banks in terms of charter capital in Vietnam./.