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In May, 2008, SeABank reach profits of approximately VND 71 billion

icon calendar24/06/2008

From January to the end of May, 2008, Southeast Asia Bank- SeABank continuously gets profit. In May separatedly, profit before tax of SeABank reaches approximately VND 71 billion, of which turnover from service gets VND 3.4 billion and mobilization gets VND 7500 billion. In addition to this, SeABank continues to lend VND 465 billion to signed projects, credit contract as well as new ones. Now SeABank has chartered capital of VND 3000 billion and plans to raise up to VND 5000 billion at the end of year 2008

According to Mr. Le Van Chi, CEO of SeABank, although financial and banking market has recently faced up with difficulties and challenges, SeABank’s leaders and staff are all determined to overcome these difficulties, bring out new products, improve service quality…Therefore, SeABank is maintaining high growth rate and liquidity. Credit performance of SeABank is now developing and reaching maturity. SeABank continues to lend money to signed projects and new ones, particularly those for key industry and enterprises’ operations. In the following time, SeABank is going to launch new products such as issue more kinds of cards to diversify products and customers’ benefits with aim to become one of the best retail banks in Vietnam

In May and early June, 2008, SeABank has opened a series of transaction points in Ho Chi Minh City, Khanh Hoa, Can Tho, Quang Ninh, Ba Ria- Vung Tau and most recently is Bach Mai transaction office (located in 350 Bach Mai Street, Hai Ba Trung District, Hanoi City). SeABank has now nearly 60 transacions points all over the country  with the chartered capital of VND 3000 billion and becomes one of the Vietnamese banks with the largest chartered capital.

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