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SeABank

IFC provides $150 million financing package to SeABank

To support local businesses and help them make a resilient recovery after the Covid-19 pandemic, IFC is providing a $40 million loan to Southeast Asia Commercial Joint Stock Bank (SeABank).

SeABank continuously replaced senior personnel in short time

Within less than five months leading the Southeast Asia Joint Stock Commercial Bank (SeABank), Nguyen Canh Vinh has resigned from this position since February 8, 2018, for personal reason.

Southeast Asia Joint Stock Commercial Bank purchases Post and Telecommunication Finance Company

The Post and Telecommunication Finance Company which has lost for many years was auctioned with a starting price of VND500 billion (roughly US$22 million) by VNPT on February 1.

State-owned companies divest from banks

The share prices of banks listed on bourse have risen sharply, having facilitated the divestment of state-owned companies.

Banks race to provide guarantees to home buyers

The number of villas and terraced houses projects that met the requirements to open for sale last month skyrocketed.

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