SeABank

Retail Asia02/08/2023

Le Quoc Long, for the last 18 years the deputy CEO of SeABank, has been named its new acting CEO with effect from Tuesday. He replaces Loic Faussier, who resigned for personal reasons after being with the bank for three years as CEO and in other key positions. Long, 58, has accounting and law diplomas […]

Retail Asia09/02/2023

Vietnamese lender SeABank is getting a $100-million investment from IFC to provide lower and middle-income families with access to housing loans. The investment increases International Finance Corporation’s investment in the bank to nearly $400 million. SeABank Vice Chairwoman Le Thu Thuy was quoted in an an IFC press release on Monday as saying that while […]

Retail Asia28/11/2022

Some banks have hiked deposit interest rates to 10-10.35% amid low liquidity in the system. NCB is paying the highest interest rate of 10.35% for 12-month deposits of VND1 billion (US$40,300) downwards made online. For six-month deposits, it is offering 10%. Over the past month, lenders have increased deposit interest rates frequently, even weekly in […]

Retail Asia02/09/2021

Private lender SeABank is offering 136 million shares to existing shareholders at the price of VND15,000 (over $0.6), lower than market value in late August by 58 percent. New share transactions are expected to take place in the last two quarters of this year, lifting SeABank’s chartered capital to VND14.784 trillion. Foreign shareholders also have […]

Tag: SeABank

SeABank names new acting CEO

SeABank gets additional IFC funding for housing loans

Bank deposit interest rates surpass 10%

SeABank offers shares below half the market price