SeABank affirms its role in the new phase of Banking sector’s Emulation Movement

This event is important for the entire sector to review emulation and commendation activities for the 2020–2025 period, honor outstanding collectives and exemplary individuals, while outline directions and solutions to further innovate and enhance the quality of emulation movements in the 2026–2030 period, contributing to develop a modern and sustainable banking sector.

The event was attended by Politburo Member cum Prime Minister Pham Minh Chinh, Chairman of the Central Emulation and Commendation Council; representatives of the leadership of central ministries, agencies, and the Hanoi municipal government. Representing the banking sector were Party Central Committee Member cum Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong, members of the SBV Leadership Board, and 629 delegates representing nearly 400,000 officials and employees across the sector. 

The Banking sector’s contribution to macroeconomic stability

At the Conference, the SBV assessed the 2020-2025 period as a particularly challenging one, as both the global and domestic economies experienced unprecedented volatility. Closely following the directives of the Party, the National Assembly, and the Government, the banking sector flexibly and comprehensively administered monetary policy, contributing to inflation control, macroeconomic stability, supporting economic recovery and growth, thereby positioning Vietnam among the few countries to maintain low inflation and stable economic growth.

Patriotic emulation movements have been widely implemented in line with the sector’s specific political mandates. Many large-scale movements have left a strong imprint, including: Emulation efforts to prevent, control, and overcome the COVID-19 pandemic; Movement ‘For the poor – Leaving no one behind’; program to eradicate temporary and dilapidated housing, with total contributions exceeding VND1,815 billion, equivalent to approximately 30,000 new homes; emulation movements on digital transformation and digital infrastructure development, administrative procedure reform, credit support for expressway projects, and the practice of promoting thrift and waste prevention.

Efforts in promoting gender equality and the emulation movement ‘Excelling in banking, managing housework’ recorded many notable achievements: more than 90% of female officials earned the title ‘Double-excelling women’ each year; the proportion of women in department-level leadership positions reached 32.2%, exceeding the 2030 target; and women’s participation in Party committees accounted for 45.6%.

SeABank recognized among outstanding banks of the system

Within the framework of the Conference, SeABank was commended as one of eight outstanding banks across the system for its active contributions to patriotic emulation movements, digital transformation, product and service development, and community engagement.

At the Conference’s exhibition area, SeABank showcased its notable achievements in business performance, digital transformation, and social responsibility, reaffirming its commitment to accompanying the banking sector and the community throughout all stages of development.

Notably, during this commendation period, SeABank was the only joint-stock commercial bank to be awarded the First-class Labor Medal by the President - a prestigious honor recognizing its outstanding achievements and significant contributions to the development of socialism and safeguarding the country. This milestone affirms SeABank’s long-standing efforts and strong sense of responsibility in contributing to the overall development of the banking sector.

At the Conference, the Governor of the SBV launched a new emulation movement for the 2026-2030 period under the theme: ‘The Banking sector’s emulation in innovation and creativity, pioneering with the Nation toward an era of strength, civilization, and prosperity’.

At the same time, the banking sector committed to reducing interest rates by up to 2% on outstanding loans for enterprises affected by storms and floods, initially donating VND150 billion to the Central Committee of Vietnam Fatherland Front to support disaster recovery .

The 9th National Patriotic Emulation Conference of the Banking sector is a significant political event that continues to reaffirm the sector’s tradition of patriotic emulation. The prestigious honors from the Party and the State motivate the banking sector, including SeABank, to continue innovating, advancing toward modern, safe, and efficient development, achieving the country’s socio-economic development goals in the new era.

Building on the achievements recognized at the 9th National Patriotic Emulation Conference of the Banking sector, SeABank remains its firm commitment to sustainable development, strongly advancing digital transformation, enhancing service quality, and accompanying customers and businesses, thereby affirming its role as a reputable financial institution in the nation’s rising era.