With credit growth of 9.8%, Eximbank recorded a pre-tax profit of VND 1,488 billion.
Vietnam Export Import Commercial Bank (Eximbank, ticker EIB) has just announced its business results for the first six months of 2025, recording a pre-tax profit of VND 1,488.5 billion, an increase of 0.97% compared to the same period last year. In particular, Eximbank achieved a profit of VND 656.9 billion in the second quarter.
Net interest income reached VND 2,823.8 billion in the first six months of the year. Income from service activities in the first six months reached VND 1,203.9 billion, an increase of 63.3% compared to the same period last year, contributing to pushing net profit from service activities up to VND 338.3 billion, an increase of 43.8% compared to the same period last year.
In the first six months of 2025, foreign exchange trading was a breakthrough highlight for Eximbank, with net profit reaching VND 364.4 billion, a 76.3% increase compared to the same period in 2024. International payment volume at Eximbank reached USD 3.9 billion, a 28.3% increase compared to the same period. Other activities also brought in VND 250.3 billion for Eximbank. After six months, the return on assets (ROA) reached 0.47%; the return on equity (ROE) reached 4.55%.
Eximbank's operating expenses were controlled at VND 1,959 billion in the first six months of the year, a 24.9% increase compared to the same period last year. The increase in operating expenses was mainly due to staff costs, rent, and depreciation.
Provisioning expenses decreased to VND 328.3 billion, a 34.6% reduction compared to the same period last year, due to improved asset quality of loans and the absence of certain provisions. Eximbank's non-performing loan ratio was controlled at 2.66% as of June 30th.
Also at the end of the second quarter, Eximbank's total assets continued to grow, reaching VND 256,442 billion, an increase of 6.95%, or VND 16,673 billion, compared to the beginning of the year. Total mobilized capital reached VND 225,517 billion, an increase of 7.36% compared to the beginning of the year. Of which, the CASA ratio (demand deposits) reached VND 24,141 billion, an increase of 3.6% compared to the beginning of the year.
Eximbank's credit growth was positive, increasing by 9.8% to VND 184,663 billion, focusing on import-export customers and consumer credit. This 9.8% increase in credit reflects the demand from businesses and individuals, as well as the positive economic growth momentum of Vietnam.
In the first six months of 2025, Eximbank conducted its business operations in accordance with the State Bank of Vietnam's regulations on operational safety ratios. Specifically, the Capital Adequacy Ratio (CAR) fluctuated around 12% (always higher than the regulated 8%), the ratio of short-term funds used for medium and long-term lending remained below the maximum limit of 30%, and the Loan-to-Deposit Ratio (LDR) consistently stayed below 85% as required.
In the first six months of the year, Eximbank achieved 28.7% of its 2025 profit target approved by the 2025 annual general meeting of shareholders (pre-tax profit target of VND 5,188 billion).
In the first six months of this year, Eximbank continued to accelerate its digital banking development by launching a new card core system in May. Eximbank was honored as the "Leading Bank in Card Payment Volume in 2024".
In April, Eximbank won the Sao Khue 2025 award for its two technology solutions, ESale and BPM, thanks to their practical application and ability to improve customer experience.
In addition to its growth in scale, Eximbank is also actively involved in community activities, organizing the Ho Chi Minh City Night Run Eximbank 2025, which attracted over 5,000 athletes; the blood donation program "Today's Blood Drop Gives Hope - Together with Eximbank, Building the Future"; and gratitude programs in Quang Tri and Thua Thien Hue...
Lowering interest rates to support people and businesses.
Statistics show that Eximbank's average lending interest rate in June was 7.1% per year, with the rate for corporate customers being only 6.61% per year. This interest rate clearly demonstrates Eximbank's commitment to supporting individuals and businesses amidst challenging economic conditions.
A representative from Eximbank affirmed that in 2025, the bank actively lowered lending interest rates and implemented numerous support programs for SMEs, closely following the directives of the Government and the State Bank of Vietnam to help businesses and individuals access loans, contributing to economic growth and ushering the country into a new era.
Eximbank's customer base is constantly growing (Photo: EIB).
Eximbank's customer base has grown compared to the beginning of the year, mainly in the individual customer segment. The total number of existing customers of the bank is approximately 2.6 million.
Strengthening internal capabilities and creating momentum for breakthroughs.
Eximbank is in a pivotal year, laying the foundation for a breakthrough in the 2026-2030 period. The bank is determined to focus on strengthening its foundation, promoting comprehensive transformation, and creating momentum for sustainable growth.
Currently, Eximbank is working with consulting partners and international experts to comprehensively restructure the bank, build a medium- and long-term development strategy, focus on customers, and strengthen its internal audit system and risk management.
Eximbank is also preparing to relocate its headquarters to Hanoi after receiving approval from the State Bank of Vietnam. This is a strategic turning point in the restructuring process, repositioning the brand, and elevating Eximbank's position in the market. This decision reflects a strong shift in leadership thinking, aiming to develop Eximbank into a bank with modern governance, high competitiveness, transparency, and greater efficiency.
Source: https://dantri.com.vn/kinh-doanh/eximbank-bao-lai-1488-ty-dong-6-thang-dau-nam-20250729223634420.htm
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