Private lender Eximbank asked to clarify inflated 11-year credit card debt
State Bank of Vietnam (SBV) Governor Nguyen Thi Hong has requested private lender Eximbank to urgently handle a controversial case regarding an 11-year credit card debt to protect a customer's legitimate interests.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Eximbank targets 90% rise in 2024 pre-tax profit
Private Vietnamese lender Eximbank has set a pre-tax profit target of VND5.18 trillion ($210.8 million) for 2024, an increase of 90.5% from last year.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s Eximbank banks on new leadership with EVN Finance experience
Eximbank has appointed several senior executives with prior experience in the ecosystem of EVN Finance, the financial wing of state utility Vietnam Electricity, in its bid to arrest and reverse recent declines.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Former EVN Finance CEO becomes acting Eximbank general director
Vietnamese lender Eximbank has appointed former CEO of EVN Finance Nguyen Hoang Hai as its acting general director in one year, starting Tuesday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Eximbank elects two last board members
Private Vietnamese lender Eximbank's board of directors on Monday elected CEO Tran Tan Loc and Nguyen Canh Anh as its last members for the 2020-2025 tenure.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Eximbank appoints new deputy general director
Private Vietnamese lender Eximbank has appointed Nguyen Hoang Hai as its standing deputy general director for a three-year term starting Wednesday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shareholders attempt to oust new Eximbank chairwoman
A group of shareholders in private Vietnamese lender Eximbank has asked the board of directors to dismiss Do Ha Phuong, who was elected chairwoman only two days ago.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam Eximbank appoints new chair
Private Vietnamese lender Eximbank's board of directors named Do Ha Phuong as the new chairwoman in the 2020-2025 term on Wednesday to replace Luong Thi Cam Tu.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Eximbank posts pre-tax profit of $39 mln in Q1
Vietnamese private lender Eximbank recorded a pre-tax profit of over VND900 billion ($39 million) in the first quarter of 2023, up 16% year-on-year.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Two more Eximbank board members resign
Eximbank has announced that it received letters of resignation from board members Nguyen Hieu and Nguyen Thanh Hung on Wednesday due to "personal reasons".
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
SMBC acquires 15% stake in Vietnam’s VPBank for $1.5 bln
Vietnamese lender VPBank signed a deal on Monday to sell a 15% stake to Japan’s Sumitomo Mitsui Banking Corp. (SMBC) for about $1.5 billion through a private placement.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Eximbank forecasts $212 mln profit in 2023
Eximbank is aiming for a pre-tax profit of VND5 trillion ($212 million) in 2023, up 35% year-on-year, according to a document to be released at its 2023 annual shareholders meeting.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
ACB Securities counters claims of Eximbank trading violations
Vietnamese brokerage firm ACB Securities claims it has not violated the law relevant to trading of Vietnamese lender Eximbank (EIB) shares.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Eximbank posts 3-fold profit hike in 2022
Eximbank, listed on the Ho Chi Minh Stock Exchange (HoSE) as EIB, reported an after-tax profit of VND2,504 billion ($106.78 million) in 2022, a three-time increase year-on-year.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Eximbank extraordinary shareholder meeting unsuccessful
Eximbank's extraordinary general meeting of shareholders for 2023 on Monday to elect additional board members for the 2020-2025 term could not proceed as planned due to insufficient attendance.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Major Japanese shareholder divests from Eximbank
Foreign investors sold 134 million Eximbank (EIB) shares on Friday, equivalent to 10.8% of the bank's charter capital, for VND3,421 billion ($146 million).
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
US dollar drops to three-month low
The retail price of the U.S. dollar fell Wednesday on Vietnam's free market to VND24,000, and hit a three-month low at commercial banks.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Eximbank forecasts $146 mln profit in 2022
Eximbank, with Japan's SMBC as major shareholder, has forecast pre-tax profits of VND3.5 trillion ($146 million) for 2022, and a pre-tax profit target of VND5 trillion ($208 million) for 2023, up 42.9% year-on-year.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Eximbank stock price falls due to market supply, demand: bank
Eximbank, with Japan's SMBC as major shareholder, says it cannot control the continuous fall of its share price because it is driven by market supply and demand.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thanh Cong Group to divest entirely from Eximbank
Vietnamese multi-sector corporation Thanh Cong Group has registered to sell all of its 60.54 million shares in Eximbank or a 4.93% stake by agreement.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
SMBC representative leaves Eximbank board of directors
The representative of major shareholder Sumitomo Mitsui Banking Corporation (SMBC) in Eximbank, Vo Quang Hien, is no longer a member of its board of directors, starting Wednesday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese lender Eximbank CEO re-appointed
Ho Chi Minh City-based Eximbank, with Japan’s Sumitomo Mitsui Banking Corp. as major shareholder, has re-appointed Tran Tan Loc its CEO for another three years.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Eximbank H1 profit hit 10-year record high
Eximbank, with Japan's SMBC as major shareholder, reported after-tax profits of VND1,519 billion ($65 million) in the first six months of the year, 2.4 times year-on-year.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Eximbank to pay first dividend in 8 years
Eximbank, with Japan’s Sumitomo Mitsui Banking Corporation a major shareholder, will pay a dividend for the first time in eight years, fuelling hopes the lender is entering a new period after years of shareholder conflict.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japanese bank SMBC terminates strategic partnership with Eximbank
Sumitomo Mitsui Banking Corporation, which holds a 15% stake in Eximbank, has terminated its strategic partnership with the Vietnamese bank ahead of time, after 14 years of cooperation, Eximbank's chairwoman said Friday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
AAA Insurance diversifies distribution channels through Eximbank partnership
AAA Insurance, a Bamboo Capital Group subsidiary, has signed a collaboration agreement with Eximbank to expand its distribution channels through the latter’s nationwide branch system.
Bamboo Capital - Mon, Dec 22, 2021 | 11:30 am GMT+7
- Editor’s Picks
-
Korean chaebol SK okayed to study investment in central Vietnam LNG-to-power plant
-
Vietnam gov’t irons out incentives for rooftop solar development
-
Citibank, ING lend PV Power $300 mln to develop Vietnam's first two LNG plants
-
Vietnam deposit interest rates pick up after year in hibernation
-
Multinational home tool firm Techtronic to invest $650 mln in Vietnam
- Most Read
Vietnam appreciates Apple investment, creation of 200,000 jobs: PM
Companies - Update 2 day ago
Apple announces Vietnam expansion, CEO Cook in town
Industries - Update 2 day ago
- Editor’s Picks
-
Korean chaebol SK okayed to study investment in central Vietnam LNG-to-power plant
-
Vietnam gov’t irons out incentives for rooftop solar development
-
Citibank, ING lend PV Power $300 mln to develop Vietnam's first two LNG plants
-
Vietnam deposit interest rates pick up after year in hibernation
-
Multinational home tool firm Techtronic to invest $650 mln in Vietnam