News
25/06/2025
In 2025, Southeast Asia Commercial Joint Stock Bank (SeABank, HOSE: SSB) was once again honored by Fortune Magazine, ranking 277th in the Fortune Southeast Asia 500 — honoring 500 largest companies in Southeast Asia. This marks a 10-place advancement from 2024, reflecting the Bank’s strong performance, stable growth and outstanding position in the region.
Fortune is the world's leading business magazine, owing a series of prestigious global rankings for major markets and sectors such as Fortune 500, Fortune Global 500, and Fortune Europe 500. As Southeast Asia continues to emerge as a key driver of global economy, the Fortune Southeast Asia 500 — featuring the region’s 500 largest companies — has become an annual benchmark to recognize and honor leading companies of diverse industries for their significant contributions to regional economic development.
In 2025, the minimum revenue to be named in the Fortune Southeast Asia 500 was US$349.4 million, along with key criteria such as total assets, profitability, and workforce. Based on these metrics, the organizing board has filtered out and honored 500 companies with the most impressive growth from 7 countries in the Southeast Asia, in which 76 Vietnamese enterprises were named.
Recording revenue of nearly US$950 million and profit growth of 23.3% in 2024, SeABank ranked 40th among 76 Vietnamese companies and 277th out of 500 Southeast Asian enterprises — climbing 10 places from the 2023 Fortune Southeast Asia 500 list. This affirms SeABank’s growing reputation and position regionally and internationally. The achievement also reflects the effectiveness of SeABank’s flexible, sustainable ‘customer-centric’ business strategy that allows it to maintain growth momentum amid a volatile market environment.
In 2024, SeABank maintained stable business growth by focusing on digitalization, prioritizing product diversification, and delivering tailored financial solutions. The Bank also implemented targeted strategies to enhance service quality and customer care for each segment, thereby meeting the needs and improving the experience of nearly 4 million customers. As a result, SeABank’s charter capital reached VND28,350 billion; pre-tax profit reached VND6,039 billion, up 31% YoY; total assets reached VND325,699 billion, up 22% YoY. Operational efficiency indicators also recorded positive growth, with ROE at 14.75%, ROA at 1.63%, and CIR reduced to 33.28%. Additionally, SeABank’s has its credit rating remained at Ba3 for key categories, with a Stable outlook by Moody’s.
SeABank’s continuous efforts have been recognized by reputable domestic and international organizations, notably: receiving First-class Labor Medal from the President of Vietnam; honored as “Vietnam National Brand” for the 3rd consecutive time by the Ministry of Industry and Trade; named in The Banker’s “Top 1000 World Banks 2024” ranking for 3 consecutive years; recognized as “Vietnamese Strong Brands” for 16 consecutive years. These awards and honors affirmed the Bank’s prominent position in both domestic and international markets, as well as the customer trusts for SeABank brand. Recently, SeABank was granted The Bizz award for excellent business by the World Confederation of Businesses (Worldcob, USA) for the 5th consecutive year, and was honored by The European (UK) with 3 awards for Sustainable Governance, Risk Management, and Digital Banking.