4 key solutions of Eximbank in the new period

Focus on banking governance and risk control

Eximbank's 8th term (2025-2030) opens with the support of major shareholders with strong financial potential and long-term management thinking.

The macro context in 2025 continues to pose new problems for banks that require quick adaptation. Eximbank Chairman of the Board of Directors Nguyen Canh Anh said that the Bank has proposed 4 groups of solutions, namely: Eximbank expands its potential customer base, safely and effectively through a real digital transformation process, focusing on customers. The Bank selectively increases credit growth, in parallel with strict credit risk control to maintain a good bad debt ratio. The Bank restructures capital sources, promotes growth in CASA balance (non-term deposits) at the end of the period, thereby controlling capital mobilization costs most effectively.

Regarding management and human resources, Eximbank determines to improve risk management capacity, effective management, and strengthen safe liquidity management. The business model and human resources will also be adjusted to better suit reality.

“2025 will be a year of uncertainty but there is also opportunity in danger. We believe that 2025 will still have many opportunities for banks, opportunities will come to organizations that know how to control risks well, grow credit selectively, implement effective governance and digital transformation in the true nature,” the Chairman of Eximbank's Board of Directors emphasized that the bank is still steadfast in its 2025 target of total assets increasing by 11% to VND 265,500 billion; capital mobilization increasing by 16% to VND 206,000 billion; outstanding credit increasing by 16.2% to VND 195,500 billion. The pre-tax profit target is VND 5,188 billion, up 24% compared to 2024.

Business results continue to improve

In 2024, the bank's profit exceeded VND4,188 billion for the first time, up 54% over the previous year. This is the bank's record high profit after more than 3 decades of operation.

With that growth momentum, Eximbank achieved pre-tax profit of VND832 billion in the first quarter, up nearly 26% over the same period. This result put Eximbank in the top banks with high profit growth in the first quarter of this year, partly thanks to the general improvement in economic credit.

According to the newly released Q1 financial report, Eximbank's main source of revenue is net interest income of VND1,354 billion. Non-interest income sources also recorded strong growth, of which net interest income from service activities reached VND146 billion, up 32%; Profit from foreign exchange trading increased sharply by 141% to VND202 billion; Net interest income from other activities also skyrocketed by 124%, reaching VND109 billion.

As of March 31, 2025, Eximbank's total assets reached VND251,133 billion, up 5% compared to the beginning of the year. The bank's credit activities recorded an 8.34% increase in outstanding loans compared to the beginning of the year, reaching VND182,258 billion. Capital mobilization from customers also grew, reaching VND175,759 billion, up 5% compared to the beginning of the year.

Determined to completely handle outstanding bad debt

In the first quarter, Eximbank has well controlled the operational safety indicators according to the regulations of the State Bank. The ratio of short-term capital used for medium and long-term loans remains low (around 23-25%, below the limit of 30%). The LDR ratio (loan to deposit) is always controlled below 85%. The capital adequacy ratio (CAR) fluctuates around 12%, higher than the prescribed level of 8%.

Notably, Eximbank's bad debt increased compared to the same period last year, but the bank increased its provisions to control risks. Eximbank's credit risk provisions in the quarter increased to VND1,327 billion, up 9.4% compared to the beginning of the year, equivalent to an increase of VND113.5 billion.

Along with that, the Bank is reviewing bad debts that have accumulated over the past 10-15 years, supporting business units to handle bad debts more effectively when the quality of the bank's collateral assets is assessed as quite good, the rate of loans with collateral is up to 96% of total outstanding loans.

By 2025, Eximbank aims to reduce the bad debt ratio from the current 2.53% to 1.99%. “To achieve that goal, the bank will focus on completely handling bad debts accumulated over the previous decade,” the Eximbank leader emphasized.

Source: https://thoibaonganhang.vn/4-giai-phap-trong-tam-cua-eximbank-trong-giai-doan-moi-163824.html