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28/07/2023
The Southeast Asia Commercial Joint Stock Bank (SeABank, stock code SSB) has been ranked 22nd in the "Top 50 Prestigious and Efficient Public Companies" by Vietnam Report, following a recent survey and vote. Additionally, SeABank is one of the 13 banks that have achieved the "2023 Disclosure Standard" according to a comprehensive survey report by the organizers of the IR Awards 2023.
The IR Awards 2023 is a program that recognizes listed companies with outstanding Investor Relations (IR) activities, jointly organized by Vietstock, the VAFE Association, and FiLi Magazine. The program evaluates the IR activities of listed companies annually, including a comprehensive assessment of information disclosure activities in the securities market over the course of 12 months (from May 01, 2022, to April 30, 2023). It also involves public voting for IR performance and assessment of IR by professional financial institutions.
Recently, the IR Awards 2023 officially released a comprehensive survey report on information disclosure activities in the stock market for the year 2023. The program conducted surveys on 731 out of 738 listed companies on the HOSE and HNX stock exchanges and noted that 364 companies met the 2023 Disclosure Standard (CBTT) on the securities market. SeABank is among the 13 banks that achieved the CBTT Standard for 2023, accounting for 65% of the listed banks.
In addition, SeABank has been ranked 22nd in the Top 50 Prestigious and Efficient Public Companies (VIX50). Companies in this ranking were assessed based on criteria such as business performance, financial efficiency (ROE, ROA, ROS), earnings per share (EPS), compliance with disclosure regulations, diversity and effectiveness of communication, dividend policies, liquidity, and enterprise valuation.
According to current regulations, information disclosure in the securities market is a mandatory activity for listed companies in accordance with existing laws. This is not only an obligation but also a responsibility of businesses towards shareholders in particular and the investment community in general. SeABank's recognition in the "Top 50 Prestigious and Efficient Public Companies" and as one of the companies meeting the "Disclosure Standard" demonstrates effective business operations as well as transparency in information disclosure activities on the bank's official website. SeABank places a strong emphasis on efficiently managing investor relations to enhance the quality of disclosed information and investor trust. This contributes to the sustainable development of both the construction market and the Vietnamese stock market as a whole.
