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10/02/2023
Southeast Asia Commercial Joint Stock Bank (SeABank, stock code SSB) ) is pridefully the only Vietnamese representative to be titled "Best Bank in Vietnam 2022" at "Bank of the Year 2022" award announcement ceremony held by The Banker Magazine (United Kingdom). SeABank is one of the 22 most typical banks in Asia-Pacific honored at this year's awards.
The Banker is the world's leading financial magazine, founded in 1926 by The Financial Times (United Kingdom). It is recognized as the most reader-attracting magazine in the banking sector. "Bank of the Year" award is organized annually by The Banker on a worldwide scale to honor the only and foremost outstanding bank of each country and region.
It’s the 3rd time SeABank has represented Vietnam in the award, owning to its success in international integration and general digitalization. The Bank is one of 22 most outstanding banks in Asia-Pacific to be honored, along with reputable banks in the regions like Agricultural Bank of China, Standard Chartered Hong Kong, Standard Chartered Bangladesh, OCBC NISP (Indonesia), ICBC (Macau), SBS Bank (New Zealand), etc.
This recognizes SeABank's efforts to develop and its comprehensive growth in all aspects of international integration, business results, and advancements in technology.
In the previous years, SeABank has continuously implemented and applied international standards in banking activities, typically: Basel III risk management standards, International Financial Reporting Standards (IFRS), Ba3 ratings for many categories by Moody's.
Simultaneously, SeABank successfully expanded its international cooperation, attracted many investments and credit packages with a total value of nearly US$ 600 million from reputable international institutions and investment funds. Thus, the Bank could improve financial capacity and has available capital to support SMEs, especially women-owned SMEs. Thereby, the bank can enhance its development potential and the resilience against sudden changes in the macro economy, bringing trust and sustainable values to customers and partners.
These positive results have helped SeABank to be the only “Best Bank in Vietnam 2022” at the "Bank of the Year 2022" Awards Ceremony. Previously, in 2013 and 2021, SeABank was also honored at "Bank of the Year" awards by The Banker. In August 2022, SeABank was named in the Top 1000 World Banks (Top 1000 World Banks) by this organization.
