SeABank raises interest rates and extends transaction hour.

09/03/2008

From February 15, 2008, Southeast Asia Commercial Joint Stock Bank- SeABank officially raises interest rates applied to deposits in VND and USD all over SeABank Network. Highest savings interest rate applied to VND is up to 10.42% per year. Interest rate for non-term deposit applied to VND, USD, and EUR is in turn 3.60%, 1.5% and 1% per year. With this phase of interest rate increase, SeABank upholds one of the banks having highest savings interest rates. This is a meaningful present from SeABank to customers on occasion of New Year.

According to the newest adjustment, savings interest rate of all terms in VND will increase, namely:

Term (month)	Interest rate (% per year)
1	7.20
2	7.80
3	9.12
6,7,9	9.24
12,13,15	9.90
18	9.96
24	10.02

Especially, interest rate applied to USD has been remarkably raised, namely:

Term (month)	Interest rate (% per year)
1	4.75
2	5.00
3	5.25
6,9	5.50
13	5.75

Furthermore, from February 17, 2008, SeABank officially extends transaction hour till 19h00 on every branch all over the country. As a result, transaction hour at all SeaBank branches will be from 7h30 to 19h00 every week day in order to fully meet customers’ demand. Before, SeABank had tested this service at big transaction offices nationwide and gained customers’ appreciation.

SeABank representative informed that SeABank raised savings interest rate and extended transaction hour at all transaction offices of SeABank network so as to get increase both in capital mobilization and competitiveness. This is also a practical deed of SeABank in honour of Lunar New Year as well as to show gratefulness to customers.

As expected, in 2008, SeABank will open 35 transaction places, raising SeABank’s transaction places to 85 all over the country. Besides, SeABank plans to raise chartered capital to VND 5000 billion, total asset to VND 40 000 billion, total outstanding balance to VND 27000 billion, mobilized capital to VND 29500 billion, overdue loan ratio below 0.5% and expected profit is VND 804 billion.

Moreover, at the end of 1st Quarter 2008, SeABank will issue domestic ATM cards and then international cards. SeABank will also carry out eBanking service, improve infrastructure in order to make the best use of current system, helping customers to easily access to the bank’s products and services. In addition, SeABank continue to deploy second period of T24 software project, modernizing the bank’s operations. The focus is on information control and customers care to fully meet all customers’ demand.

Related News

THỂ LỆ CUỘC THI SÁNG TẠO NỘI DUNG SEACREATOR BỨT PHÁ TÀI CHÍNH - TUỔI MỚI KHỞI SẮC 10/03/2026

THÔNG BÁO DANH SÁCH MÃ SỐ MAY MẮN CHƯƠNG TRÌNH “SEABANK TRAO QUÀ TẾT - GẮN KẾT SUM VẦY” ĐỢT 2 04/03/2026

The paradox of "new soldiers": It is still difficult to borrow capital after many years of business transformation 03/03/2026

THÔNG BÁO DANH SÁCH MÃ SỐ MAY MẮN CHƯƠNG TRÌNH “SEABANK TRAO QUÀ TẾT - GẮN KẾT SUM VẦY” ĐỢT 1 11/02/2026

The bank promotes consumer demand stimulus on the occasion of the 2026 Lunar New Year with credit card incentives 09/02/2026

SeABank raises interest rates and extends transaction hour.