Wednesday, January 9, 2008

SeABank becomes one of top three banks in capital

SeABank becomes one of top three banks in capital

09/01/2008 -- 11:49 AM



Ha Noi (VNA) – SeABank has received approval from the central bank to raise its charter capital to 3 trillion VND, becoming one of the top three joint stock banks in Ha Noi in terms of charter capital.

This year, the bank is expected to continue raising its charter capital to 5 trillion VND (312 million USD) . In addition, SeABank also successfully issued 2 trillion VND (125 million USD) of convertible bonds with a face value of 10 million VND (600 USD) per bond.

The bank plans to further expand 35 branches and transaction bureaus bringing the total number to 85 nationwide.-Enditem
(VNAgency)

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