SeABank completes charter capital increase to 34,288 billion VND

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With the approval of the State Bank of Vietnam, Southeast Asia Commercial Joint Stock Bank (SeABank, HOSE: SSB) officially completed the increase in charter capital to 34,288 billion VND.

Additional capital will help the Bank improve competitiveness, improve operational safety indicators and expand growth potential in the coming time.

On June 12, 2026, the State Bank of Vietnam issued Decision No. 1269/QD-NHNN on amending the content of charter capital in the Establishment and Operation License of SeABank.

Accordingly, SeABank's charter capital increased from 28,450 billion VND to 34,288 billion VND, corresponding to an increase of 5,838 billion VND. The capital increase is implemented through issuing 583.8 million shares to existing shareholders at a rate of 20.5202%. The issuance capital is taken from undistributed after-tax profit accumulated as of December 31, 2025 according to the audited separate financial statements for 2025.

Ảnh: SeABank
SeABank

The capital increase is part of the roadmap approved by the SeABank Annual General Meeting of Shareholders (AGM) in 2026. In the next phase, SeABank plans to continue to increase capital by issuing a maximum of 40 million ESOP shares at a price not lower than 10,000 VND/share for management staff who meet the criteria of work efficiency, professional capacity and level of attachment to the Bank.

In the context of increasing requirements for capital safety and digital transformation, increased capital is expected to help SeABank improve operating safety indicators, expand business scale and increase investment in technology infrastructure, creating a foundation for growth targets in the coming period.

Ảnh:
SeABank

With a financial foundation strengthened after the capital increase, SeABank will continue to focus on developing retail banking operations, promoting digital transformation and improving the quality of products and services to better meet customer needs, while increasing sustainable value for shareholders, investors, customers and stakeholders.

Information about SeABank

Established in 1994, SeABank is one of the leading joint-stock commercial banks in Vietnam with more than 4 million customers, more than 5,300 employees and 181 transaction points nationwide. SeABank's goal is to become a typical retail bank with a customer-centric strategy by providing a system of diverse financial products and services for individuals, small businesses and large enterprises. SeABank is considered one of the most important banks in the banking system with a charter capital of 34,288 billion VND, ranked Ba3 by Moody's in many important categories, and also one of the first banks to implement the Basel III international risk management standard.

According to the "Digital Convergence" development strategy, 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, and bring customers a different experience of digital banking services, aiming to become the most loved retail bank.

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