SeABank’s Ba3 Credit Ratings Reaffirmed by Moody’s

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[{"type":"text","content":"HA NOI, VIETNAM / ACCESS Newswire / September 26, 2025 / Moody's, the world top three leading credit rating agencies, has issued its 2025 credit ratings for Southeast Asia Commercial Joint Stock Bank (SeABank). Accordingly, SeABank maintains its Ba3 ratings with outlook remains 'Stable'.","length":300,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":2560,"height":1707,"url":"https://media.zenfs.com/en/accesswire.ca/66843fcb990690559324cb47db98dec6"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/RnSaORZalQWjQgAQ4JRTUQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MDtjZj13ZWJw/https://media.zenfs.com/en/accesswire.ca/66843fcb990690559324cb47db98dec6","width":960,"height":640},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/vb20ckbwIjjSjrw8a.D_9Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD0xNjAwO2NmPXdlYnA-/https://media.zenfs.com/en/accesswire.ca/66843fcb990690559324cb47db98dec6","width":1200,"height":800}}},{"type":"text","content":"As of June 2025, SeABank maintains a Tangible Common Equity (TCE) ratio of 12.1%, the highest among similarly rated banks. Asset quality also remained broadly stable, with a non-performing loan (NPL) ratio controlled below 2%. Moody's forecasts the Bank's new delinquencies will remain low over the next 12-18 months, given its adequate track record in asset quality management.","length":386,"tagName":"p"},{"type":"text","content":"Moody's noted that SeABank's profitability improved year-on-year in the first half of 2025, driven by the Bank's enhanced operational efficiency. This reflects SeABank's strengthened governance capacity, enabling the Bank to flexibly adapt to market conditions and maintain stable growth momentum.","length":313,"tagName":"p"},{"type":"text","content":"Moody's has reaffirmed SeABank's Ba3 credit rating with a Stable outlook for the forth consecutive year. This reaffirmation demonstrates global recognition of SeABank's governance capacity, solid financial foundation, and sustainable development strategies. The Bank's reputation among domestic, international investors and partners is also reinforced. Furthermore, the ratings represent a positive signal for Vietnam's financial market, as international institut...

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