This award was presented at the Vietnam Outstanding Banking Awards 2025 on September 18, 2025. This affirms the effectiveness of the sustainable strategy with a focus on ESG, associated with the core value "For the community" that SeABank steadfastly pursues as well as demonstrates its commitment to international partners.
Firmly holding the position of "Typical Vietnamese Bank"
Vietnam Outstanding Banking Awards (VOBA) is an annual award organized by International Data Group (IDG) under the auspices of the Vietnam Banks Association (VNBA) to honor banks with outstanding achievements, playing an important role in economic development.
VOBA 2025 is based on user and business surveys and many strict criteria. Out of 7 banking categories at VOBA 2025, SeABank won 2 awards at the same time: the first time being honored as "Outstanding Bank for Green Credit" and the 4th time being awarded "Outstanding Bank for the Community".
This is an affirmation of the effectiveness of SeABank's sustainable strategy with a focus on Environment - Society - Governance (ESG). Ms. Le Thu Thuy - Vice Chairwoman of SeABank's Board of Directors shared about the Bank's sustainable vision: "SeABank believes that sustainable banking operations are associated with the responsibility of creating a prosperous, happy community and a green future. We are committed to using capital responsibly and managing the impact of business operations, while actively transforming green and spreading green values and human values to the community."
Responsible business for a prosperous community
Realizing its social responsibility, SeABank “greens” its investment/loan portfolio, directing capital flows into environmentally friendly fields. Accordingly, the Bank issued a series of regulations on green credit policies for the 2021-2025 period, high-tech agricultural loans, renewable energy projects, etc. By the end of 2024, SeABank’s total green credit funding will exceed VND 3,800 billion, focusing mainly on energy efficiency and renewable energy.
In parallel, SeABank reduces the "brown factor" in the portfolio through the Environmental and Social Risk Management System (ESMS). The system has been comprehensively deployed in credit activities since January 2022, ensuring that no capital is provided for harmful projects such as exploitation of primary forests, coal, radioactive materials, etc. After 3 years of implementation, 100% of credit granted (except consumer loans and credit cards) are screened and classified for risk. Accordingly, excluded or high-risk projects without remedial measures are rejected, projects that can be remedied will be accompanied and monitored by SeABank.
In addition, SeABank issued the first blue bond in Vietnam and the first green bond by a private commercial joint stock bank with a total value of 150 million USD in 2024, expanding capital for sustainable projects. The bank also expanded international cooperation, mobilizing nearly 1.1 billion USD from major institutions such as IFC, DFC, AIIB, Norfund... to promote climate finance, financial inclusion, especially supporting female customers, business households, small and medium enterprises... for a green and prosperous future.
Spreading values for a green and happy community
Not limiting community responsibility within the business framework, SeABank also builds a green and humane corporate culture, thereby creating a ripple effect to the community.
The bank comprehensively "greens" its operating processes and internal environmental awareness. Smart building technology, energy saving and optimization measures, and pollution control are deployed by SeABank in parallel with the "Digital Convergence" strategy - comprehensive digital transformation of business operations. In addition, there are a series of awareness-raising programs such as: exchanging trash for gifts, Green the road to SeABank - encouraging the use of green vehicles to work, Ocean Cleanup - cleaning the sea, SeAHero - collecting and classifying trash, giving gifts to protect the environment... By the end of 2024, SeABank's total indirect emissions of scope 2 will decrease by 11.4%, and the amount of paper consumed at the Headquarters will decrease by 1.45% compared to 2023.
In order to widely spread community values, SeABank maintains the operation of 4 charity funds: SeADreams Education Promotion Fund, SeAGreen Environmental Fund, SeALove Security Fund and SeASmile Charity Fund. With the support of nearly 5,300 employees, nearly 250 billion VND was given away, nearly 360,000 trees were planted, more than 80 billion VND was spent to build and repair more than 1,800 houses, more than 200 children had the opportunity to go to school.
SeABank's "For the Community" efforts have been recognized through many prestigious domestic and international awards, typically: Vietnam ESG Awards (Dan Tri Newspaper), Top 10 midcap corporate governance and Top 10 excellent annual reports in the financial industry at VLCA, Sustainable Development Enterprise (VCCI), "Gender Equality in the Market" category of UN WEPs Award 2024 (UN Women)... The "double" award at VOBA 2025 is a new milestone in SeABank's persistent journey, recognizing the progress in green credit and social security - environment, and is also a driving force for the Bank to continue creating and spreading values, towards a green future and a happy - prosperous community.
Source: https://markettimes.vn/seabank-khang-dinh-dau-an-ben-vung-voi-2-giai-thuong-ngan-hang-viet-nam-tieu-bieu-90992.html
Comment (0)