On November 28, 2024, at Melia Hanoi Hotel, Vietnam Export Import Commercial Joint Stock Bank (Eximbank) successfully held an extraordinary general meeting of shareholders (AGM). At the meeting, Mr. Nguyen Hoang Hai, Acting General Director, emphasized efforts to expand the market and enhance brand recognition, especially in the North - the key economic and political region of the country. Eximbank aims to achieve strong growth in the next three years, surpassing the current 2.4 million customers, with a "customer-centric" business strategy and promoting digital transformation.
Speaking at the congress, Mr. Nguyen Hoang Hai said: “The bank is making efforts to expand and bring the Eximbank brand to cover the whole country, especially enhancing brand recognition in the Northern region, the political and economic center of the country. Eximbank will explore and expand this potential market, creating more growth momentum for the bank.”
Contents passed at the congress
The Congress approved many important contents:
Change of head office: from Ho Chi Minh City to 27-29 Ly Thai To, Hoan Kiem District, Hanoi.
Dismissal of some positions: Ms. Luong Thi Cam Tu and Mr. Nguyen Ho Nam (Board of Directors), Mr. Ngo Tony (Board of Supervisors).
Impressive business results and successful international fundraising
In the first 9 months of 2024, Eximbank achieved many impressive results: total assets increased by 11%, pre-tax profit increased by 39% over the same period. On November 27, 2024, the bank successfully raised international capital of VND 1,400 billion through the issuance of 5-year Tier 1 bonds. This is an important step to help Eximbank optimize its capital structure and reduce short-term mobilization pressure.
Consolidating the position of leading bank in Vietnam
Eximbank was approved by the State Bank to increase its charter capital to over VND18,688 billion, an increase of VND1,218.5 billion. The bank was also granted a trade finance limit increase by ADB to USD115 million thanks to its transparent business operations and effective support for businesses, especially SMEs. During the year, Eximbank also received many prestigious awards such as Asia's Outstanding Enterprise, Sao Khue 2024 Digital Banking Product Excellence, and International Payment Quality Excellence from international partners.
Sustainable development orientation
With nearly 35 years of experience, Eximbank not only focuses on business development but also fulfills social responsibility through green financial services and the use of renewable energy. Putting customers at the center, the bank is committed to bringing sustainable value to shareholders, customers and the economy.
