# SeABank completes capital increase to VND34,688 billion

- Link: https://www.thailand-business-news.com/pr-news/seabank-completes-capital-increase-to-vnd34688-billion
- Published: 2026-11-02T16:15:00+07:00
- Author: Media OutReach

HANOI, VIETNAM – [Media OutReach Newswire](https://www.media-outreach.com/) – 2 
November 2026 – Southeast Asia Commercial Joint Stock Bank (SeABank, stock code:
SSB) has officially received approval to increase its charter capital to VND34,688
billion (approx. US$1.33 billion). The additional capital will strengthen the Bank’s
financial capacity and improve its capital adequacy ratios, while reflecting a balanced
approach to developing both financial resources and high-quality human capital, 
laying the foundation for sustainable growth.

![SeABank completes its 2026 AGM-approved charter capital increase plan.](https://
images.media-outreach.com/release.php/Thumb/1600x1067/832779/832779-Photo-jpg-1600x1067.
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 _SeABank completes its 2026 AGM-approved charter capital increase plan._

 SeABank’s charter capital increase was approved by the State Bank of Vietnam (SBV)
under Official Letter No. 2370/QĐ-NHNN dated October 28, 2026. Accordingly, SeABank’s
charter capital has increased from VND34,288 billion (approx. US$1.32 billion) to
VND34,688 billion (approx. US$1.33 billion), with an additional VND400 billion (
approx. US$15.38 million) raised through a share issuance under the Employee Stock
Ownership Plan (ESOP).

 The ESOP issuance has been completed, with results reported in August 2026. A total
of 40 million shares were successfully issued at a price of VND10,000 (approx. US
$0.38) per share to 481 employees with outstanding performance, reaching 100% of
the planned issuance volume.

 This is SeABank’s second capital increase in 2026, completing the plan approved
by the Annual General Meeting of Shareholders (AGM). Previously, the Bank increased
its charter capital by VND5,838 billion (approx. US$224.5 million) through a share
issuance to existing shareholders at a ratio of 20.5%.

 The additional capital will provide SeABank with further resources to strengthen
its financial foundation, enhance its capacity to meet capital adequacy requirements,
invest in technology infrastructure, accelerate digital transformation and expand
its operations. This is the foundation for the Bank to enhance its competitiveness,
adapt to market fluctuations and pursue its development objectives in the next phase.

 Alongside strengthening its financial capacity, SeABank places strong emphasis 
on developing high-quality human resources to support its long-term development 
goals. This is the fifth time the Bank has implemented an ESOP, reflecting its recognition
of the achievements and contributions of its management team and employees. The 
program also encourages long-term commitment, improves work performance and fosters
a shared commitment to SeABank’s growth.

 The completion of SeABank’s charter capital increase further reinforces its sustainable
development orientation, with financial capacity and high-quality human resources
serving as two key pillars for improving operational efficiency, enhancing market
competitiveness and pursuing safe, efficient and sustainable growth.

Hashtag: #SeABank

The issuer is solely responsible for the content of this announcement.

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**Source** : [SeABank completes capital increase to VND34,688 billion](https://www.media-outreach.com/news/vietnam/2026/11/02/498655/?rand=186006)

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