Credit increased by 9.8%, Eximbank recorded pre-tax profit of VND 1,488 billion
Vietnam Export-Import Commercial Joint Stock Bank (Eximbank, stock code: EIB) has just announced its business results for the first 6 months of 2025, recording pre-tax profit of VND 1,488.5 billion, up 0.97% over the same period. In particular, in the second quarter of 2025, Eximbank achieved a profit of VND 656.9 billion.
Net interest income reached VND 2,823.8 billion in the first 6 months of the year. Income from service activities in the first 6 months of the year reached VND 1,203.9 billion, up 63.3% over the same period, contributing to pushing net interest from service activities to VND 338.3 billion, up 43.8% over the same period.
Notably, in the first 6 months of 2025, foreign exchange trading activities were a bright spot for Eximbank with net profit from foreign exchange trading activities reaching VND 364.4 billion, up 76.3% over the same period in 2024. With the traditional strength of international payments and trade finance, international payment activities at Eximbank were bustling as sales reached 3.9 billion USD, up 28.3% over the same period. Other activities also brought in VND250.3 billion for Eximbank. In the first six months of the year, the after-tax profit rate on total assets (ROA) reached 0.47%; The after-tax profit rate on equity (ROE) reached 4.55%.
Eximbank's operating expenses were controlled at VND1,959 billion in the first 6 months of the year, up 24.9% over the same period last year. The increase in operating costs is mainly due to staff costs, rental and depreciation.
Reserves recorded a decrease to VND 328.3 billion, equivalent to a decrease of 34.6% over the same period, due to increased asset quality of loans and no additional provisions. In the context of sharp increase in bad debt in the banking industry, with synchronous, flexible and drastic solutions in controlling and handling bad debt, Eximbank's bad debt/ outstanding loan ratio is controlled at 2.66% on June 30, 2025.
As of June 30, 2025, Eximbank's total assets continued to grow, reaching VND256,442 billion, up 6.95%, equivalent to an increase of VND16,673 billion compared to the beginning of the year. Total mobilized capital reached VND225,517 billion, up 7.36% over the beginning of the year. Of which, the CASA ratio (unknown deposits) reached VND 24,141 billion, up 3.6% compared to the beginning of the year.
Eximbank's credit grew positively by 9.8% to VND 184,663 billion, focusing on import-export customers, consumer credit... in line with the orientation of the Government and the State Bank. The 9.8% increase in credit also reflects the needs of businesses and people as well as Vietnam's positive economic growth momentum.
In the first 6 months of 2025, Eximbank will conduct business activities to ensure the operational safety ratio in accordance with the regulations of the State Bank, in which the CAR capital safety ratio fluctuates around 12% (always higher than the regulated 8% of the State Bank), the ratio of short-term capital used for medium and long-term lending always remains lower than the maximum limit of the State Bank of Vietnam of 30%; the LDR ratio always ensures below 85% according to the State Bank of Vietnam.
In the first 6 months of the year, Eximbank has implemented 28.7% of the 2025 profit plan approved by the 2025 Annual General Meeting of Shareholders (pre-tax profit target of VND 5,188 billion).
In the first 6 months of this year, Eximbank continued to promote the construction of digital banking with the operation of a new Core card system in May 2025. Eximbank was honored as Leading Licensee in Merchant Sale volume 2024. In April 2025, Eximbank won the 2025 Golden Star Award with two technology solutions ESale and BPM - thanks to practical application and the ability to improve customer experience - factors that have become the standard in the digital banking industry.
Not only growing in scale, Eximbank is also active in community activities when organizing the Ho Chi Minh City Night Run Eximbank 2025 attracting more than 5,000 athletes; Humanitarian blood donation program "Today's blood drop gives hope" with Eximbank to create the future"; gratitude program in Quang Tri - Thua Thien Hue...
Reducing interest rates goes hand in hand with people and businesses
Eximbank's average lending interest rate statistics in June 2025 are at 7.1%/year, of which the corporate customer segment is only 6.61%/year. This is a low interest rate compared to the general level of commercial banks, clearly demonstrating Eximbank's commitment to accompanying people and businesses in the context of many economic difficulties.
Eximbank representative affirmed that in 2025, the bank has actively lowered lending interest rates, dedicating many support programs to the SME sector in close compliance with the direction of the Government and the State Bank to support businesses and people to access loans, contributing to promoting economic growth to bring the country into a new era.
Eximbank's customer scale has grown compared to the beginning of the year, mainly individual customers, the total number of existing customers of the bank is about 2.6 million customers.
Strengthening internal strength, creating momentum for breakthroughs
Eximbank is in a "terrestory" year, laying the foundation for a strong breakthrough in the 2026 - 2030 period. The bank determined to focus on strengthening the foundation, promoting comprehensive transformation, creating momentum for sustainable growth.
Currently, Eximbank is working with consulting partners and a team of international experts to comprehensively restructure the bank, build a medium and long-term development strategy, focusing on customers, while strengthening the internal audit system and risk management.
Currently, Eximbank is also preparing to move its headquarters to Hanoi after being approved by the state bank. This is a strategic turning point in the process of restructuring, repositioning the brand and elevating Eximbank's position in the market. This decision reflects a strong shift in leadership thinking, orientation to develop Eximbank into a bank with modern governance, high competitiveness, transparency and efficiency.
