News about SeABank

Nguyen Thi Nga, Chairwoman of BRG Group and SeABank, recalls her father's lesson that one who borrows little must repay in full and one who borrows ginger must repay with honey, and she treats every opportunity or trust she receives as a loan that must be repaid with dedication and results. She holds that good growth is not growth at any cost, which is why SeABank invested early from 2006 in the T24 core banking system and partnered with Société Générale to standardize its retail model. Over more than 30 years, the bank has raised its charter capital from VND 5 billion to VND 32,688 billion, with assets of nearly VND 400,000 billion and 2025 pre-tax profit of VND 6,868 billion. The article also covers the Sheraton Grand Da Nang project, which had to be completed in 14 months to serve the APEC 2017 Summit, when progress at one point ran two to three months behind schedule. Ms Nga says there were moments she wanted to step back, but she kept going out of responsibility to tens of thousands of employees.