10/07/2023
Southeast Asia Commercial Joint Stock Bank (SeABank, stock code SSB) is proud to have been honored by Viet Research and Investment Newspaper in the categories of "Top 10 Most Innovative and Efficient Banks" (VIE10) and "Top 10 Trustworthy Private Banks of 2023" by Vietnam Report.
According to a report by the World Bank (WB), technological innovation has contributed to over 50% of Vietnam's overall economic growth during the period of 2016 - 2020. Furthermore, Vietnam's global innovation index has consistently improved, rising by 32 ranks since 2013 and currently ranking 44th out of 132 countries and territories. Innovation is increasingly emphasized and seen as the core driver of economic development for every nation, with the banking sector continuously innovating to contribute to the development of the digital economy.
In recent times, SeABank has been directing its resources towards innovative initiatives aimed at enhancing business operations, improving customer experiences with a range of diverse and flexible products and services. These efforts have been recognized and highly regarded by Viet Research and Investment Newspaper in categories such as product and service upgrades, business model innovation, strategic management, and corporate culture. As a result, SeABank has earned a spot in the "Top 10 Most Innovative and Efficient Banks" (VIE10). To achieve this recognition, SeABank has met rigorous criteria in terms of business efficiency and the added value of innovation, including revenue, profitability, total assets, ROE (Return on Equity), ROA (Return on Assets), growth rate, and the effectiveness of investments in research and development.
Additionally, with impressive business results and active social engagement, SeABank has been chosen by Vietnam Report as one of the "Top 10 Trustworthy Private Banks of 2023." The bank met three key criteria for this recognition: Financial capacity demonstrated in the most recent financial reports, reputation in the media assessed through the Media Coding method, which involves encoding articles about the bank from influential media channels, surveys of relevant stakeholders conducted in June 2023. SeABank's brand reputation has been affirmed through the trust placed in its products and services by nearly 2.5 million individual and corporate customers nationwide, including various government agencies and large domestic and international corporations.
Throughout its operations, in addition to a commitment to continuous innovation and business development, SeABank places significant emphasis on contributing to the community. The bank views this as a foundation for its sustainable growth and engages in a wide range of meaningful and practical activities. In the year 2022 alone, SeABank contributed over 16.2 billion VND to various social welfare activities in fields such as healthcare, education, disaster relief, charitable fundraising for the underprivileged, and providing lifelong scholarships for disadvantaged children. SeABank also participated in charitable housing initiatives.