The Southeast Asia Commercial Joint Stock Bank Securities Company (Seabank) made its debut at the Ho Chi Minh City Securities Trading Centre on Mar. 20, becoming the 36th member at the stock exchange.
Seabank, with a statutory capital of 50 billion VND, engages in securities brokerage, trading and issuance underwriting in addition to providing financial and securities investment consultancy and other financial services.
The company is expected to increase its statutory capital by three-fold this year and by six-fold by 2008.
Source: VNA
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