News
12/09/2008
Founded in 1994, the Southeast Asia Commercial Joint Stock Bank or SeABank is one the first VietnameseVietnam. In August 2008, SeABank officially announced its foreign strategic shareholder- Société Générale, which is one of the largest banks in Europe and over the world with total assets of over USD 1684 billion,144 year’s experience in financial banking field, operating in 85 countries with more than 30 million individual customers and employing over 150,000 staffs. commercial joint stock banks. Proud of its achievements of the past few years, SeABank has been ceaselessly perfecting its products and services to pursue the policy of sustainable development, aiming to be among the leading commercial joint stock banks in
International cooperation…
Being SeABank’s foreign strategic shareholder is the first investment in Asia of Société Générale. According to the Agreement on Strategic cooperation between the two partners, SeABank will receive a comprehensive technical assistance program from Société Générale in terms of management, organization, services & products and especially risk management - the most important concern to be considered as an essential process by Vietnamese banks, thus develop SeABank to become a reference bank in Vietnam. Before, in August 2007, VMS-MobiFone, which is ranked in Top 20 largert enterprises in Vietnam by UNDP, became the Bank’s domestic shareholder…
Based on the state-of-the-art banking technology-Temenos T24 Core Banking (Switzland)- SeABank’s products and services have been improved and diversified to fully meet the customers’ needs. The latest version of this software offers a multi-server function that allows many servers to operate at the same time. This helps in saving information access time and enhances output of transactions. T24 can operate 1,000 transactions/ sec., allow 110,000 simultaneous users including 10,000 direct users and 100,000 Internet users, and manage 50 millions customers’ account. By this technology, SeABank’s products and services have been diversified and developed in order to fully meet the customers’ demands
By issuing ATM card named S24+, SeABank became the first bank in Vietnam to successful link Temenos T24 Core Banking software with WAY4 card software, which are the most modern banking technology in the world. With this card, which is safe, confidential and multifunctional as an e-pocket, customers can do transaction at all ATM and POS of Smartlink and Banknet Vn card Alliance all over the country. With S24+, customers can not only perform operations such as payment, withdrawal, transfer all day long in thousand of ATM, POS nationwide but also online transaction, overdraft services, savings with bonus points…
By issuing ATM card named S24+, SeABank became the first bank in Vietnam to successful link Temenos T24 Core Banking software with WAY4 card software, which are the most modern banking technology in the world. With this card, which is safe, confidential and multifunctional as an e-pocket, customers can do transaction at all ATM and POS of Smartlink and Banknet Vn card Alliance all over the country. With S24+, customers can not only perform operations such as payment, withdrawal, transfer all day long in thousand of ATM, POS nationwide but also online transaction, overdraft services, savings with bonus points…
For the past years, SeABank has been regarded as one of the banks with the fastest and most sustainable development growth in Vietnam. SeABank’s business results always increases 200%, 300% in comparison with those at the same period last year. In 2007, SeABank’s profit before tax reached nearly VND 410 billion, total assets gained VND 26300 billion, total mobilized fund reached nearly VND 20249 billion and total loan balance reached over VND 11041 billion.
Domestic Intension…
SeABank’s branch network is continuously expanded to dynamic economic areas nationwide. Up to July 31, 2008, SeABank has owned nearly 60 transaction points in many provinces such as Ha Noi, Ho Chi Minh City, Hai Phong, Da Nang, Binh Duong, Bac Ninh, Quang Ninh, Khanh Hoa, Ba Ria- Vung Tau, Hai DuongCan Tho… In the near future, the Bank will expand its branches to many more provinces for example Nghe An, Vinh Phuc, Lang Son, Thai Nguyen, Ninh Binh, Hung Yen, Quang Nam, Binh Dinh, Binh Thuan, Dak Lak, An Giang, Ca Mau. Dong Nai… in order to serve customers in many residents with the best products and services
Besides, SeABank has sponsored for “Securities Understanding” and “Financial News” broadcasting in Vietnam Television Station, with the purpose of giving securities information to variety of classes. By participating in theses programs, SeABank desires to establish a good image of a bank with responsibility for community and society.
… And Success.
SeABank has gained a number of awards such as being ranked A Level for 4 consecutive years (from 2003 to 2007) by the State Bank of Vietnam; “Golden Ball 2007- The Best Banker” granted by the State Bank of Vietnam in May 2007, “Top Trade Services 2007” given by Ministry of Industry and Trade; Prizes of “High straight through rate for payment processing” given by Wachovia bank (USA) and “Global Transaction Banking Award 2007” given by HSBC (UK); Certificate of Merit from Govenor of the State Bank for SeABank and Madam Nguyen Thi Nga- Chairwoman for excellent achievements contributing to banking mission 2006- 2007 and many other prizes and certificates of merit given by the State Bank of Vietnam, Banks Association and other organizations.
Morover, recently, SeABank has gained Capital Gold Star Award 2008 and Vietnam Gold Star Award 2008 given by Central Vietnam Young Entreprneus Organization .These prizes brings great encouragement for SeABank’s Management Team and staff to try their best for the bank’s success and contribute to the country’s development
sustainable development growth. The Bank has tried its best to establish a modern, sustainable and customer-aimed bank. With youthful, high-qualified and devoted staff, SeABank commits to provide customers with the best quality products and become a trustful partner, which is always “Your partner for Success”
According to Business Forum