SeABank reports 127b dong Q1 profit

Wednesday, May 7, 2008
The Southeast Asia Bank or SeABank recently reported the business result in the first quarter of 2008 with nearly 127 billion dong from pre tax profit, 18.562 trillion dong in total deposits, over 11 trillion dong in outstanding debts, 24.217 trillion dong in total asset and overdue debt rate was 0.26% on total outstanding debt.

At present, the bank with a chartered capital of three trillion dong has launched nearly 50 transaction sites nationwide that could be 85 sites within this year.

This year, SeABank also plans to hike its chartered capital to five trillion dong and reach 804 billion dong in profit.