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Eximbank
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Compound interest, high rate to blame for man's $358,000 credit card bill
The Quang Ninh Province man’s credit debt ballooned 1,000 times to VND8.84 billion (US$358,000) in 11 years because of compounding an usurious interest rate.
Eximbank names new acting CEO
Lender Eximbank has appointed Nguyen Hoang Hai as acting CEO for a year to replace Tran Tan Loc who resigned Monday.
Shareholders want Eximbank chairwoman dismissed two days after seeking her appointment
A group of Eximbank shareholders has called for the dismissal of chairwoman Do Ha Phuong just two days after recommending her appointment.
July 1, 2023 | 12:01 am PT
Japanese lender reduces stake in Eximbank
Japanese giant Sumitomo Mitsui Banking Corporation has sold a 10.8% stake in Vietnam’s Eximbank, reducing its ownership to 4.27%.
January 16, 2023 | 08:26 pm PT
Eximbank profits triple in Q3
Lender Eximbank has more than tripled profits year-on-year for the third quarter to over VND1.278 ($51.5 million).
December 4, 2022 | 06:59 pm PT
Division paralyzes Eximbank board functioning
The failure of lender Eximbank to hold its annual general meeting for a second year in a row indicates a deep schism within the board.
May 8, 2021 | 12:08 am PT
Eximbank annual meet cancelled again after quorum failure
Private lender Eximbank has failed to hold its 2020 and 2021 annual general meetings due to disagreements between shareholders and the board of directors.
April 27, 2021 | 05:00 pm PT
Eximbank to hold annual general meetings
Eximbank's next annual general meetings AGM 2020 and AGM 2021 will take place simultaneously from April 26 to 27.
April 17, 2021 | 04:00 am PT
Eximbank seeks to pay dividends after 7 years
Lender Eximbank has sought approval from the State Bank of Vietnam to pay a dividend of VND1,800 ($0.07) per share for 2020.
April 8, 2021 | 07:05 pm PT
Eximbank shrugs off pandemic, grows pre-tax profit by 22 pct
Despite the adverse impacts of the Covid-19 pandemic, Eximbank managed to increase profits by 22 percent last year and achieve its target.
March 16, 2021 | 04:00 am PT
Eximbank targets 60 pct profit growth
Lender Eximbank targets more than a 60 percent growth in pre-tax profits to VND2.15 trillion ($93.47 million) this year.
March 4, 2021 | 07:17 pm PT
Eximbank welcomes new chairman
The chairman of Eximbank Cao Xuan Ninh has resigned and been replaced by the company’s Japanese deputy chairman.
June 25, 2020 | 06:20 pm PT
Eximbank to issue bonds worth $215 mln
Eximbank plans to issue VND5 trillion ($215 million) in bonds through a private placement following similar moves by other banks.
July 24, 2019 | 06:35 am PT
Eximbank ordered to reimburse additional $5 mln to customer
A court in Saigon has ordered Eximbank to pay a customer the interest she would have earned on her deposits stolen by an employee.
April 19, 2019 | 10:34 pm PT
Eximbank exec con: customer breaks ties with bank after it appeals verdict
The relationship between Chu Thi Binh and Eximbank, which repaid the $10.55 million stolen from her account by an official, has gone pear-shaped.
December 13, 2018 | 07:30 am PT
Bank ordered to reimburse nearly $11 mln to customer in fraud case
A court has ordered Eximbank to reimburse $10.48 million to a customer whose money was stolen by a former employee.
November 23, 2018 | 11:43 pm PT
Banks scramble to divest crossholdings as stock market rebounds
Vietcombank will auction a part of its holdings in Eximbank and Military Bank next month to comply with the SBV's cross-ownership requirements.
September 24, 2018 | 05:53 pm PT
6 bankers face trial in $11 mln theft from customers in Vietnam
Vietnam's prosecutors have filed charges against six employees of Eximbank for abetting their absconding boss to steal VND264 billion ($11 million) from three customers' accounts.
September 12, 2018 | 10:24 pm PT
Vietnamese banker receives life sentence in $2.2 million fraud case
A former Eximbank employee will spend the rest of her life in prison for stealing over VND50 billion ($2.2 million) from six VIP customers.
July 17, 2018 | 02:21 am PT
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