SeABank Granted 17 Percent Credit Growth in 2012

Southeast Asia Commercial Joint Stock Bank (SeABank) is rated the Group 1 lender and assigned the credit growth of 17 percent in 2012 - the highest rate for a commercial bank with best indicators based on the Instructive 01/CT-NHNN of the State Bank of Vietnam dated February 13, 2012 on safe and effective banking operations in 2012.

 

After 18 years of construction and development, SeABank now has 150 transactions and 2,200 employees. With strategic foreign partner being French leading retail bank Societe Generale and strategic domestic partners being VMS MobiFone Company and PetroVietnam Gas Corporation (PVGas), SeABank has continuously made comprehensive development steps.

 

In 2011, SeABank is the only non-State-owned bank on the list of Top 5 banks applying IT. The lender is the first of its kind to build internationally standardised Autobank services and the first to build practical branch model application training centre. SeABank was also chosen by the State Bank to serve ODA projects in 2012. The lender is gradually becoming a top commercial joint stock bank in Vietnam.