SeABank: 20-year Milestone

SeABank, a well-known visionary brand in the Vietnamese financial and banking sector, has 154 transaction offices in 23 cities across the country, nearly VND100 trillion of total assets and VND5,446 billion of registered capital.

 

Powerful financial strength, modern technological foundation and professional management system has made the name of SeABank today. The presence of foreign strategic shareholders like Societe Generale and domestic strategic shareholders like VMS MobiFone and PVGas shows the far-seeing business strategy of SeABank. Over the past 20 years, SeABank has now completed its retail banking model and provided a full range of financial services from customers, ranging from individuals and business households to small and big companies.

 

At present, SeABank is one of a few banks in Vietnam to be an official member of two world leading international card issuers, Visa and MasterCard. SeABank is also an authorised agent for Western Union in Vietnam and is the first bank to successfully deploy the multi-utility automatic banking service (Autobank) of international banking standards.

 

Not only being a trusted safe keeper for customers, SeABank also has a high sense of social responsibility and actively participates community education development, environmental protection, charity and study encouragement. The bank typically funded VND5 billion for building Cho Moi Kindergarten in Bac Kan province; sponsored “Like Never Being Parted” TV Show for years, raised money for victims of flood and natural disasters, donated money to Agent Orange victims and poor children, and supported fishermen in Hoang Sa (Paracel) and Truong Sa (Spratly) Islands to protect their fishing grounds. These activities have built up the image of SeABank as a pro-community bank.

 

SeABank also showed spirit of international humanity by raising funds for Japanese victims of earthquake and tsunami in 2011 and for Filipino after Haiyan Typhoon.

 

With its outstanding contributions to social and economic development, SeABank has been presented a lot of prestigious awards like the Third Class Labour Order; the Certificates of Merits and the Emulation Flags from the Prime Minister and the State Bank of Vietnam. SeABank Chairwoman Nguyen Thi Nga was named the National Warrior of Emulation. She was also named the Top 50 Most Powerful Women in Asia in 2013 by Forbes, a famous magazine in the world.

 

Besides, SeABank’s continuous efforts were also recognised by international organisations. The bank was named the Most Innovative Retail Bank in Vietnam in 2012" and the "Bank with Best Customer Services in Vietnam in 2013" by Global Banking and Finance Review; “International Class Quality Commitment” in three straight years from 2011 to 2013 by the Business Initiative Directions; the “Bank with Best Cloud Computing Application in 2013” by The Asian Banker; the "Best Bank in Vietnam in 2013” by The Banker Magazine, an affiliate to the Financial Time Group.

In business, SeABank also collaborates with many big companies, especially those engaged in oil and gas industry - the key sector of the country. Currently, the bank has good cooperation ties with 11 corporations and more than 30 units under the Vietnam National Oil and Gas Group (PetroVietnam) through its active capital arrangement, trade finance and comprehensive cooperation agreement which benefit customers and employees of both sides.

 

20 years is a continuous process of efforts of SeABank’s leaders and employees for a solid foundation, strong financial base and powerful technological foundation for a new way of development - the next 20 years and beyond.