By the end of the first nine months of 2025, Southeast Asia Commercial Joint Stock Bank (SeABank, HOSE: SSB) recorded a pre-tax profit of VND6.74 trillion, up 49.5% YoY, achieving 104% of its 2025 business target ahead of schedule.
SeABank exceeded its full-year target in 9M2025.
Maintaining growth momentum, achieving business targets
In 9M2025, SeABank maintained stable growth momentum, steadily advancing toward the completion of its key 2025 business targets. Accordingly, total assets reached over VND380.8 trillion, up 16.92% from the end of 2024 and achieving 106% of the full-year target.
Customer loans increased by 11.6% compared to December 31, 2024, reaching VND233.6 trillion, driven by a selective expansion of the Bank’s credit portfolio and effective solutions supporting customers with borrowing needs. Meanwhile, customer deposits and valuable papers rose by 6.5% year-to-date to VND211.7 trillion. After 9 months, SeABank’s equity grew by over 15% compared to December 31, 2024, reaching nearly VND40.3 trillion, while charter capital stood at VND28.45 trillion. The non-performing loan (NPL) ratio was controlled at 1.95%.
Aligning with its strategy of diversifying products and services, SeABank has continuously invested in technology and expanded its ecosystem, thereby diversifying income sources and ensuring sustainable growth. As a result, in 9M2025, the Bank’s non-interest income (NOII) reached VND3.86 trillion, equivalent to a net increase of VND2.21 trillion or nearly 134% YoY; Total operating income (TOI) reached VND11.1 trillion, up nearly 21% YoY. The proportion of NOII/TOI rose to 34.72%, up almost 17 percentage points, reflecting SeABank’s well-diversified income structure and robust growth in non-credit business segments.
In 9M2025, SeABank’s total revenue reached VND22.07 trillion, up 26.83% YoY. Pre-tax profit recorded at VND6.74 trillion, rising 49.5% YoY and achieving 104% of the 2025 business target ahead of schedule. These figures reflect a notable improvement in profit margins and enhanced capital efficiency, thereby strengthening the Bank’s financial foundation for sustainable growth.
SeABank focuses on growth quality and safety indicators in Q4/2025.
Entering Q4/2025, SeABank focuses on growth quality by reviewing its credit portfolio, optimizing capital efficiency, and improving profit margins through flexible asset–liability management strategies. At the same time, the Bank continues to strengthen proactive risk management, increase provisioning, and improve its safety indicators in line with international standards such as Basel III, laying a solid foundation for sustainable growth in the upcoming period.
Driving innovation, creating sustainable values
The positive financial indicators are the result of SeABank’s flexible business strategy, continuous innovation, and strong commitment to sustainable development.
In the first nine months of 2025, SeABank focused on developing segment-based products and services, while launching various promotional programs and comprehensive financial solutions to meet the diverse needs of both individual and corporate customers. Among these, small and medium-sized enterprises (SMEs) and women-owned businesses remained key customer groups in the Bank’s financial inclusion strategy, benefiting from comprehensive financial and non-financial packages tailored by sector, such as FDI enterprises, construction, trade & services, and so on.
For individual customers, SeABank accelerates the digitalization of its products and services to deliver a seamless and convenient experience across all platforms. In parallel, the Bank continues to introduce innovative products that go beyond traditional financial experiences, notably the SeASoul Visa 2in1 card - a collaboration with singer My Tam that harmoniously combines financial and emotional values. Toward the end of 2025, the product is expected to generate strong resonance through a series of exclusive programs accompanying My Tam Live Concert 2025 – See The Light.
SeABank introduces innovative offerings that transcend traditional financial experiences.
Upholding its steadfast commitment to sustainability, SeABank carried out a wide range of meaningful social welfare initiatives in 9M2025. Notably, the Bank handed over 856 newly built and renovated houses to low-income households in the former Hoa Binh Province with a total value of VND30 billion; contributed VND5 billion to eradicate temporary and dilapidated houses in Thai Nguyen Province; awarded scholarships to banking-finance students; granted Dream Nurturing scholarships worth VND1 billion in total for 10 more underprivileged students, etc. SeABank’s 4 internal charitable funds also conducted annual charity activities like Spring of Love and SeABankers for Children; together with environmental protection program Let’s Go Green with SeABank featuring sub-acitivities like Ocean Cleanup and Waste-for-Gifts Exchange Day.
The positive results in 9M2025 have affirmed SeABank’s solid financial foundation and its effective, sustainable performance. In the next phase, the Bank will pursue a comprehensive sustainability strategy guided by a vision of ‘putting people and community at first’, continuously foster innovation and develop an inclusive financial ecosystem, thereby delivering greater values to customers, investors, and the society.
