SeABank is recognized by Moody's for the outlook of stability and keeping the principal ranking Level B1

Moody's is one of the leading international credit rating agencies. The ratings and credit rating reports of this company are always an important measure that international investors around the world rely on to consider the capacity, financial health and credit of the units. ratings. In its newly released report, Moody's adjusted SeABank's outlook on issuer ratings and long-term domestic and foreign currency deposits to “stable” levels. In addition, the baseline credit rating (BCA), adjusted BCA, counterparty risk assessment (CRA) and counterparty risk rating (CRR) continue to be maintained during this adjustment. . Thus, SeABank continues to have Moody's credit rating maintained at B1 level.

At the end of fiscal year 2020, SeABank has completed the business targets set out at the General Meeting of Shareholders at the beginning of the year and has an impressive growth compared to 2019. Specifically, the consolidated business results are as follows: : Profit before tax is nearly 1,729 billion, up 24%, fulfilling 115% of the plan 2020; Total assets were 180,207 billion Dong, increased 14.5%; Total outstanding loans in market 1 reached VND 108,869 billion, up 10.5%; Total mobilization in market 1 reached 113,276 billion VND, up 18%; Net non-interest revenue reached 1,522 billion; Effective cost to income (CIR) ratio is 47.5%; Return on average assets (ROA) and return on average equity (ROE) are 0.81% and 11.06% respectively; NPL ratio is only 1.86%.

SeABank is also one of the first banks in Vietnam to complete all 3 pillars of Basel II ahead of schedule. This is the fulcrum that allows SeABank to continue to be ahead of the market in meeting the highest international standards, helping SeABank to manage and operate its business proactively, transparently, safely and sustainably. firm.

With the strategy of Digital convergence, focusing on digitizing products and services as well as operating internally, the year 2020 marks a remarkable step forward for SeABank in maximizing utility for customers in the direction of banking development. digital banking with the launch of SeAMobile digital bank - Smart finance application, unifying experience across all electronic devices. SeAMobile is also the only application on the market that features personal finance management and artificial intelligence to help customers automatically manage and forecast personal finances. SeABank is also one of the first banks to waive 100% of money transfer fees inside and outside the system through ebank, bringing great benefits to customers. This has doubled the transaction volume and nearly 3 times the number of customers using digital banking services.

In addition to these solutions, in order to join hands with the Government and people of the country, in 2020, SeABank and BRG Group also donated 9 billion VND in the prevention of Covid-19 epidemic; nearly 5 billion VND supported the flood and storm people to overcome difficulties; awarded 16 houses of gratitude to meritorious soldiers and the poor all over the country; awarded 27 study encouragement scholarships to poor children with the value of nearly 2.2 billion VND ...