Vietnamese lender SeABank to sell up to 15 per cent of its stake to foreign investors

Vietnamese lender SeABank to sell up to 15 per cent of its stake to foreign investors

BRG-backed SeABank has plans to sell a minority position to international investors.
Moody’s upgrades SeABank’s baseline credit assessment

Moody’s upgrades SeABank’s baseline credit assessment

Moody’s has upgraded the Baseline Credit Assessment for SeABank from B2 to B1, while also maintaining SeABank’s long-term deposit and issuer ratings at B1 for the fourth consecutive year, with a positive outlook.
Award-gala Swing For the Kids golf tournament garnered benevolent donors

Award-gala Swing For the Kids golf tournament garnered benevolent donors

The 15th Swing for the Kids charity golf tournament has concluded with nearly $105,000 raised by domestic and foreign donors.
Swing for the Kids resumes its charitable adventure

Swing for the Kids resumes its charitable adventure

The newest iteration of the Swing For the Kids charity golf tournament restarted today.
Private banks scoop up profit while cutting loan yields

Private banks scoop up profit while cutting loan yields

Despite gloomy economic conditions and profound uncertainty from the quarter just ended, six privately-held commercial banks have revealed huge jumps in profit in their latest business reports.
Banks report healthy three-quarter profit picture

Banks report healthy three-quarter profit picture

Many banks have published business reports for the first three quarters, depicting a generally bright profit picture.
SeABank raises charter capital to nearly $590 million

SeABank raises charter capital to nearly $590 million

SeABank has increased its charter capital to nearly $590 million by paying dividend in shares and issuing shares to employees.
SeABank lifts FOL to 5 per cent

SeABank lifts FOL to 5 per cent

BRG Group's banking subsidiary SeABank has announced it would lift the foreign ownership limit ratio to 5 per cent to look for potential foreign investors.
Shrewd activities resulting in banking bonuses for 2021

Shrewd activities resulting in banking bonuses for 2021

Despite the unexpected turbulence from public health challenges, privately-held commercial banks in Vietnam are enjoying stellar profit bonanzas thanks to their full suite of minted financial services, alongside cost-effective drives and debt rescheduling roadmaps.
Banks lift women-led groups with financing options

Banks lift women-led groups with financing options

Both local and foreign banks are joining forces to promote an inclusive growth and generate more job opportunities by boosting their funding packages to women-led enterprises, hence increasing critical roles of female entrepreneurs in corporate value chains.
SeABank increases charter capital to nearly $642.9 million

SeABank increases charter capital to nearly $642.9 million

Having successfully scaled up its charter capital, SeABank expects the new fund would boost the bank’s financial capacity and expand its footprint across the country.
Strong rise in bank profitability in first quarter

Strong rise in bank profitability in first quarter

A number of banks recorded impressive growth in the first quarter and set a relatively strong profit growth target this year.
Market opens new week on positive note as large-cap stocks rise

Market opens new week on positive note as large-cap stocks rise

Vietnam's stock market rose on Monday morning, reversing last week's downward trend on gains in blue-chip stocks.
SeABank accolades demonstrate value of financial market

SeABank accolades demonstrate value of financial market

SeABank’s involvement as one of seven lenders in the country taking part in the Vietnam Value Programme has reaffirmed the position of the bank in the domestic financial market.
Prudential Vietnam and SeABank strengthen strategic partnership

Prudential Vietnam and SeABank strengthen strategic partnership

Celebrating 20 years of exclusive bancassurance partnership, Prudential Vietnam and SeABank signed an MoU to distribute PRU-Guard 24/7.
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