SeABank continues to be ranked Ba3 by Moody's

On September 19, 2025, Moody's Ratings (Moody's), one of the three leading international credit rating organizations, announced the credit rating of Southeast Asia Commercial Joint Stock Bank (SeABank, HOSE: SSB). Moody's maintained the credit rating at Ba3 for the Long-Term Deposit portfolio, the Baseline Credit Assessment (BCA) at B1 and assessed the development outlook as Stable for SeABank. Moody's maintaining the credit rating for many consecutive years shows clear recognition of SeABank's solid financial foundation, improved operating efficiency and sustainable growth prospects with appropriate strategies.

According to Moody's report, SeABank currently maintains a TCE ratio (capital/risk-weighted assets) of 12.1% as of June 2025, among the highest among Moody's-rated banks in Vietnam. Asset quality is also stable with a bad debt ratio of less than 2%, which the organization forecasts will remain low in the next 12-18 months thanks to SeABank's history of stable credit risk management.

Moody's noted that SeABank's profits in the first half of 2025 improved compared to the same period thanks to the strategy of restructuring the business portfolio and enhancing operational efficiency. This result affirms the Bank's management capacity in flexibly adapting to market developments and maintaining stable growth momentum.

This is the fourth consecutive year that SeABank has maintained its Ba3 credit rating by Moody's, with a stable development outlook, demonstrating the international organization's confidence in the Bank's management capacity and financial foundation for sustainable development.

Moody's continued maintenance of the Ba3 rating with a Stable outlook is not only an international recognition for SeABank but also contributes to enhancing the Bank's reputation in the eyes of domestic and foreign investors and partners. This is also a positive signal for the Vietnamese financial market, as international organizations increasingly recognize the role of private joint stock commercial banks in the integration process.

In addition to focusing on strengthening the financial foundation, SeABank also aims to become a leading bank in supporting Vietnamese enterprises to expand their development into international markets, promote green finance, green credit and finance environmentally friendly projects . Through that, SeABank wishes to make practical contributions to the sustainable development of the economy , in line with Vietnam's long-term growth strategy.

As of June 30, 2025, SeABank's total assets reached more than VND 379 trillion , continuing to consolidate its position as one of the leading joint stock commercial banks, accompanying the development of businesses and the Vietnamese economy.

Source: https://www.seabank.com.vn/tin-tuc/tin-seabank/news/seabank-tiep-tuc-duoc-moodys-xep-hang-ba3