Eximbank

Retail Asia05/10/2023

Lender Eximbank has appointed Nguyen Hoang Hai as acting CEO for a year to replace Tran Tan Loc who resigned Monday. Hai, 45, who has worked for ABBank and EVN Finance, had become deputy CEO of Eximbank in early August. Loc remains a director. Also on Tuesday the bank dismissed another deputy CEO, Pham Quang […]

Retail Asia13/02/2023

On Monday morning, the U.S. dollar dropped at banks but remained unchanged at unofficial exchange points. Vietcombank sold the dollar at VND23,740 Monday, down 0.02% from Sunday. Eximbank and Techcombank sold the greenback 0.04% lower at VND23,720, and VND23,745, respectively. The USD/VND exchange rate has increased by 0.04% since the beginning of the year. The […]

Retail Asia17/01/2023

Japanese giant Sumitomo Mitsui Banking Corporation has sold a 10.8% stake in Vietnam’s Eximbank, reducing its ownership to 4.27%. It sold 132.8 million EIB shares at VND27,750 ($1.18) on January 13, according to a release by the Vietnamese bank. The value of the deal is estimated at around VND3.4 trillion. SMBC became a strategic shareholder […]

Retail Asia20/12/2022

On Monday, the U.S. dollar went up against the Vietnamese dong at most banks and the black market. Vietcombank sold the dollar at VND23,800, up 0.34% from Saturday. Eximbank sold the greenback at VND23,770, up 0.30%. The rate at Techcombank is VND23,800, up 0.21%, and at ACB is VND23,900, up 0.42%. The State Bank of […]

Retail Asia12/12/2022

The U.S. dollar continued to depreciate against the dong on the black market Monday. It plunged 0.86% to VND24,220 at unofficial exchange points. The greenback fell 0.19% to VND23,825 at TPBank, and dropped 0.32% to VND23,713 at Vietinbank. Eximbank sold the dollar at VND23,740, up 0.17%. The rate at Techcombank was VND23,750, up 0.04%. It […]

Retail Asia05/12/2022

Lender Eximbank has tripled profits year-on-year for the third quarter to over VND1.278 ($51.5 million). Its net interest income doubled, and non-interest income from services and foreign exchange businesses grew in double digits. Its profits for the first nine months topped VND3.18 trillion, an increase of 3.3 times and well above the target of VND2.5 […]

Retail Asia19/09/2022

The U.S. dollar continued to strengthen and reached its historic high against Vietnamese currency Saturday. The State Bank of Vietnam (SBV) on Saturday morning set the reference rate for the Vietnamese dong at VND23,283, the same as Friday and VND50 higher than early this week. At commercial banks, the Vietnamese dong is at its lowest […]

Retail Asia12/04/2021

Lender Eximbank has sought approval from the State Bank of Vietnam to pay a dividend of VND1,800 ($0.07) per share for 2020. The bank sold its bad debts to the state-owned Vietnam Asset Management Company (VAMC) in 2015 against bonds on the condition it is not allowed to pay dividends until the bonds are fully […]

Retail Asia01/02/2017

State-owned Indonesia Eximbank will play a pivotal role in boosting small and medium enterprise (SME) exports through export based people’s business credit (Kurbe) and an incubator program. Indonesia Eximbank acting president director Suswijono Moegiarso said it already disbursed Rp 1 trillion (US$74.95 million) Kurbe in 2016, a cross subsidy between big debtors and SMEs. For 2017, […]

Tag: Eximbank

Eximbank names new acting CEO

Dollar drops at banks

Japanese lender reduces stake in Eximbank

Dollar moves up at most banks

Dollar weakens against dong

Eximbank profits triple in Q3

Dollar rises to all-time high against Vietnamese dong

Eximbank seeks to pay dividends after 7 years

Indonesia Eximbank to boost SME exports