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22/10/2019
Southeast Asia Commercial Joint Stock Bank (SeABank) announced consolidated business results for the first 9 months of 2019 with pre-tax profit of 683 billion VND, up 65% over the same period in 2018. SeABank has also been rated by Moody's long-term credit level B1 and voted by The Asian Banker in the Top 500 largest and most powerful banks in Asia - Pacific.
At the end of the first 9 months of 2019, SeABank completed the increase of authorized capital to VND 9,369 billion; Total assets of SeABank reached VND 152,559 billion; Total outstanding loans in Market 1 reached VND 93,318 billion; Total mobilization of market 1 was VND 90,754 billion; NPL ratio was at 1.36%.
SeABank's net interest income in the first 9 months of 2019 reached 2.255 billion VND, up 27.3% over the same period in 2018. Especially, the Bank's net income from service activities reached 286 billion VND, triple to the same period in 2018. Compared to the same period of last year, securities and foreign exchange trading activities are profitable and contribute to the Bank's profit growth.
In addition to business activities, in 2019, SeABank has implemented many meaningful social activities to share love for disadvantaged people with a total budget of nearly 5 billion VND, typically four programs of Run for The Future 2019 community award, which granted 41 dream incubation scholarships totaling more than 3.2 billion VND to poor studious students; Coordinate with Vu A Dinh Scholarship Fund to donate the House of gratitude to soldiers of the DK1 rig, support to build schools in the mountainous district of Yen Minh - Ha Giang, build houses for poor households in Dien Bien, and give scholarships for students of banking - finance ...
SeABank also implements annual charitable programs such as Spring Love, SeABankers for Children 2019 with hundreds of gifts to disadvantaged and sick children in 30 provinces and cities of the country such as: Yen Bai, Cao Bang, Hai Phong, Vinh Phuc, Thanh Hoa, Ha Tinh, Da Nang, Quang Ngai, Binh Dinh, Khanh Hoa, Tien Giang, Dak Nong, Can Tho, Vung Tau, Dong Nai ...
Positive business results and meaningful social activities have helped SeABank to be honored with the titles of the most favorite retail bank in Vietnam by SeABank in 2019 ( Internal Business Magazine), Certificate of Merit from Chairman of Hanoi People's Committee on Taxation, Top 20 Famous Brands - Competitive Trademark 2019, Ranking 70/500 Vietnam's largest private taxpayers - Vietnam Profit 500 and 72/500 Vietnam's largest enterprises - VNR500 (Vietnam Report), Vietnam Digital Transformation Award 2019 (Vietnam Digital Media Association) ...
Customers interested in SeABank's products and services can contact the nearest SeABank transaction offices nationwide, call Contact Center 1900 555 587 or visit the website www.seabank.com.vn for more information. details and free advice.