← State of Embedded Finance 2026

Seabank

Can SeaBank grow from a Vietnamese commercial bank into a regional digital-first banking platform by embedding financial products into retail and SME supply chains?

HQHanoi, Vietnam
IndustryBank / Community
The story

SeaBank operates as a traditional commercial bank in Vietnam with a growing retail and SME lending portfolio. The bank has expanded into digital banking via its Philippine rural bank subsidiary, SeaBank Philippines, which offers a mobile-first deposit and credit product. Internationally, SeaBank Vietnam has developed supply-chain financing programs with major anchor corporates (THACO, Honda, BRG Retail, Central Retail), signaling a push into embedded B2B lending. The Prudential Vietnam partnership indicates a bancassurance distribution strategy layered on top of the core banking franchise.

Last 12 months
Regulated entities
Rural Bank
Philippines
SeaBank Philippines, Inc. (A Rural Bank)
The stack
Payments / PSP
Visa
Card issuing
Visa
Lending
Instalment loan for business operation (Vietnam, up to VND 3 billion, 36 months)SeAShop unsecured business loan (up to VND 300 million, 12 months)SeAFast Business Overdraft (Vietnam)Women's Union Loans (Vietnam)Refinance loans (Vietnam)Supply chain / dealership financing (THACO, Honda, BRG Retail, Central Retail)SeaBank Credit revolving credit line (Philippines, up to PHP 100,000)
Accounting gap: none