The “Top 1000 World Banks” ranking was established by the prestigious world magazine The Banker according to international banking standards since 1970. The ranking list is compiled after the world's strongest banks publish their annual financial reports. In 2024, the Top 1000 World Banks ranking will be evaluated based on three key criteria: total assets, pre-tax profit and Tier 1 capital ratio.
SeABank is one of the few Vietnamese banks to appear in this prestigious ranking for 3 consecutive years with a ranking of 752, up 19 places compared to 2023 and up 169 places compared to 2022. SeABank's continuous presence in the prestigious ranking shows its increasingly comprehensive development, safe and healthy operations, and at the same time demonstrates good risk resistance against external factors and improves revenue in a more sustainable direction compared to banks in the region. Previously, SeABank was also honored by The Banker Magazine in the "Bank of the Year" award category in 2013, 2021 and 2022.
Along with the above awards, the World Confederation of Businesses (Worldcob) also honored SeABank in 4 categories at the same time, including: two awards for organizations: The Bizz Awards and World Business Leader; Two awards for individuals: World Leader Businessperson and Excellence in Business Management awarded to Vice Chairwoman of the Board of Directors Le Thu Thuy.
In recent years, SeABank has continuously grown strongly in both scale and speed. In the first 6 months of 2024, SeABank's consolidated pre-tax profit reached more than VND 3,238 billion, an increase of nearly 61% over the same period, total net income (TOI) reached VND 6,011 billion, an increase of 43% over the same period. At the same time, net non-interest income (NOII) also recorded an impressive growth of 39% over the same period, reaching VND 1,268 billion, equivalent to 21.1% of total net income. The performance indicators all had good growth over the same period, such as ROE at 16.38% and ROA at 1.88%. SeABank always ensures operational safety with the bad debt ratio controlled at 1.91%.
The honor from prestigious international organizations is the premise for SeABank to continue to provide quality products and services, enhance customer experience and maintain sustainable growth in the future, gradually moving towards the goal of becoming the most favorite retail bank.
Information about SeABank
Established in 1994, SeABank is one of the leading joint stock commercial banks in Vietnam with more than 3.2 million customers, nearly 5,500 employees and 181 transaction points nationwide. SeABank's goal is to become a typical retail bank with a customer-centric strategy by providing a diverse system of financial products and services to individuals, small businesses and large enterprises. SeABank is considered one of the pillars in the banking system with a charter capital of VND 24,957 billion, ranked Ba3 by Moody's in many important categories, and is one of the first banks to implement Basel III international risk management standards.
According to the development strategy of "Digital Convergence", SeABank focuses on digitizing products and services as well as applying technology in internal operations and investing in building modern technology infrastructure to optimize processes, increase operational efficiency, bring customers a different experience of digital banking services, aiming to become the most favorite retail bank.
Source: https://www.congluan.vn/seabank-lien-tuc-tang-hang-trong-bang-xep-hang-top-1000-ngan-hang-the-gioi-post310670.html
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