SeABank climbed 173 places in the FAST500 ranking.

NDO - In 2025, Southeast Asia Commercial Joint Stock Bank (SeABank, HOSE: SSB) continues to be honored at 193rd place in the Top 500 Fastest Growing Enterprises in Vietnam in 2025 (FAST500), an increase of 173 places compared to the 2024 ranking, and ranked 24th in the Top 50 Most Outstanding Growing Enterprises in Vietnam.

The Top 500 Fastest Growing Businesses in Vietnam (FAST500) ranking, organized by VietnamNet newspaper and Vietnam Report Joint Stock Company, has just been announced. This prestigious ranking aims to honor and promote businesses with the fastest revenue growth rates, along with good and stable production and business performance – the “rising stars” of the Vietnamese economy .

The main criterion for ranking in the FAST500 list is the compound annual growth rate (CAGR) of a company's revenue, along with supporting criteria such as total assets, equity, pre-tax profit, and corporate reputation.

Accordingly, SeABank has been honored for the sixth time in the FAST500 ranking. Notably, SeABank's ranking increased by 173 places compared to 2024, from position 366 to 193. This is a recognition of the bank's efforts in promoting digitalization, diversifying products and services, and enhancing customer experience, thereby helping SeABank maintain a strong growth rate.

Also at this awards ceremony, SeABank was honored in the category of Top 50 Vietnam Best Growth Companies, ranking 24th.

SeABank was honored at the ceremony announcing the Top 500 Fastest Growing Enterprises in Vietnam.

In recent years, the "Digital Convergence" strategy has been one of SeABank's key focuses on sustainable development. By applying modern technology to its operations and business activities, the bank has been providing users with unique experiences in electronic banking services for individual and corporate customers (SeAMobile, SeAMobile Biz), a diverse range of products, services, and financial solutions with streamlined procedures, and has become a trusted destination for female customers in particular.

In 2024, SeABank's business operations experienced impressive growth, with pre-tax profit reaching VND 6,039 billion, a 31% increase compared to the end of the previous year, contributing over VND 1,419 billion to the state budget. In addition, the bank's total assets reached VND 325,699 billion, a 22% increase compared to 2023.

Continuing that growth momentum, at the end of Q1/2025, SeABank's pre-tax profit reached VND 4,350 billion, an increase of nearly 189% compared to the same period in 2024. Other indicators also showed significant growth: Total net income (TOI) reached 184% of the plan, reaching VND 5,820 billion, an increase of over 115%, of which non-interest income was a highlight contributing to the increase in the proportion of total operating income, reaching VND 3,369 billion, a growth of over 378%, completing 340% of the plan. As of March 31st, SeABank's total assets were VND 333,746 billion, an increase of 2.47%, equivalent to a net increase of VND 8,047 billion compared to December 31st, 2024, and the Bank's charter capital was VND 28,450 billion.

Source: https://nhandan.vn/seabank-tang-173-bac-trong-bang-xep-hang-fast500-post875818.html