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SeABank reports 1H2024 profit of over US$127.7 million, CASA increased 59% YoY

HANOI, Vietnam, July 23, 2024 /PRNewswire/ -- Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB) announces its 1H2024 business results with strong and stable growth: Consolidated profit before tax (PBT) of more than US$127.7 million (VND3,238 billion), up 61% YoY; TOI reaches US$237.1 million (VND6,011 billion), up 43% YoY; impressive NoII growth of 39% YoY, reaching US$50 million (VND1,268 billion) and equivalent to 21.1% of total net revenue. The positive growth was further reflected by indicators of operating efficiency, specifically ROE at 16.38% and ROA at 1.88%.