HANOI, Vietnam, Feb. 3, 2023 /PRNewswire/ — Despite 2022’s unstable markets, SeABank (stock code: SSB) successfully maintained a stable growth and completed the business plan set out in 2022 with impressive profit-before-tax of nearly US$216.16 millioncompleting 104% of 2022’s profit plan thanks to proactive business solutions and risk management.
SeABank successfully completed the business plan of 2022
Notably, Total assets reached US$9.87 billion,increasing 9.34%; Return on assets (ROA) and Return on equity (ROE) are respectively 1.83% and 18.1%, showing SeABank’s top-tier efficiency; cost-to-income ratio (CIR) decreased to 35.3% and bad debt decreased to 1.60%.
Remarkably, net non-interest income (NOII) has…
Read More