SeABank appoints new general director
SeABank has appointed Le Quoc Long its new general director, according to a Friday release from the Vietnamese private lender.
Banking - Sat, November 25, 2023 | 7:59 am
Vietnam’s SeABank halts plan to sell shares to Norway investment fund
Vietnamese lender SeABank, listed on the Ho Chi Minh Stock Exchange as SSB, has decided not to proceed with a planned sale of shares to the Norwegian Investment Fund (Norfund), the bank announced Friday.
Banking - Mon, November 13, 2023 | 3:36 pm
Vietnam SeABank to sell 100% stake of finance unit to Japan's Aeon arm
Private lender SeABank has signed an agreement to transfer its entire stake at Post and Telecommunication Finance Company Limited (PTF) to AEON Financial Service Co., Ltd., the financial arm of Japanese retailer Aeon Group.
Banking & Finance - Fri, October 20, 2023 | 5:57 pm
Five Vietnam banks reduce 12-month deposit interest rates to below 5.5%
Private lenders ABBank, Techcombank, GPBank and SeABank and state-controlled Vietcombank have become the first five Vietnamese banks to cut their 12-month deposit interest rates to below 5.5%.
Banking - Wed, October 4, 2023 | 4:18 pm
SeABank appoints new acting general director
Private Vietnamese creditor SeABank has appointed Le Quoc Long as its acting general director in charge of operations from Tuesday, replacing Loic Faussier who resigned due to personal reasons.
Banking - Tue, August 1, 2023 | 11:12 am
Norwegian investment fund to buy 95 million shares in Vietnam's SeABank
Vietnam’s SeABank will sell nearly 95 million shares to the Norwegian Investment Fund (Norfund) for about VND1.2 trillion ($50.5 million).
Finance - Thu, July 6, 2023 | 10:00 am
IFC okays new $100 mln funding for VIB’s housing portfolio
The World Bank’s investment arm IFC has approved a proposed investment of $100 million into VIB to further fuel the Vietnamese private bank’s housing portfolio, following a similar $150 million loan last year for the same purpose.
Banking - Fri, March 31, 2023 | 3:37 pm
IFC-backed SeABank seeks to sell shares to foreign investors
Vietnam’s SeABank, in which International Finance Corporation (IFC) has invested almost $400 million, will collect shareholders' opinions on approving its planned private placement of shares to foreign investors.
Banking - Fri, March 3, 2023 | 4:24 pm
Swiss fund BlueOrchard invests $20 mln in Nam A Bank to support SMEs
BlueOrchard Finance, a Swiss global asset manager in impact investing, has agreed a $20 million loan for Nam A Bank to help the Vietnamese lender provide credit for small- and medium-sized enterprises (SMEs) in the country.
Banking - Tue, February 14, 2023 | 11:35 am
IFC invests $100 mln in SeABank to help buyers of budget homes
More lower- and middle-income families in Vietnam will be able to buy homes thanks to a $100 million investment in SeABank by the IFC, the World Bank’s investment arm.
Banking - Tue, February 7, 2023 | 10:03 am
IFC approves $100 mln loan to enhance SeABank housing loans
The World Bank’s investment arm IFC has agreed a $100 million senior loan with five years in tenor to SeABank, with the proceeds to be exclusively used for the Vietnamese lender’s housing portfolio, including affordable housing.
Banking - Mon, January 30, 2023 | 11:02 am
SeABank appoints French banker as new general director
Vietnamese private creditor SeABank appointed acting CEO Loic Michel Marc Faussier as its general director on Tuesday for a two-year term.
Banking - Wed, January 4, 2023 | 9:26 am
Large offshore loans fuel Vietnamese banks, firms
Major international financial institutions have been providing several Vietnamese banks and companies with large loans to bolster their growth.
Banking - Tue, November 29, 2022 | 10:33 am
Proposed $100 mln IFC loan to boost SeABank real estate portfolio
The World Bank’s investment arm IFC has proposed a $100 million senior loan with five years in tenor to SeABank, to be exclusively used for the Vietnamese lender’s housing portfolio.
Banking - Thu, November 10, 2022 | 2:54 pm
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