SeABank has cut its 2026 pre-tax profit target by 15% to VND 6,008 billion, down about VND 1,060 billion from the previous implied level of roughly VND 7,068 billion. The bank said it has lowered deposit rates by 0.5-0.7% per year for terms of 6 months or more, creating room to reduce lending rates, while focusing credit on priority sectors, SMEs, green projects and firms with sound finances. On leadership, the board approved Chairman Lê Văn Tần's resignation, and he is being prepared for submission to the State Bank of Vietnam for appointment as General Director, replacing Lê Quốc Long at the end of his term. Trần Thị Thanh Thủy was elected Chairwoman for the 2023-2028 term, effective October 22, 2026. The board now has 8 members, including 2 independent and 3 foreign members.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: SeABank điều chỉnh giảm kế hoạch kinh doanh 2026 và bầu Chủ tịch HĐQT mới
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SSB
▼ Likely negativeSeABank
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 55,674 bn VND |
| P/E | 18.6 |
| P/B | 1.32 |
| Close on 10/23/2026 | 16.65 |
| Change that session | +3.74% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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