'Eximbank has contacted more than 10 global foreign investors'

Eximbank is working with international strategic consultants to bring the bank back to its original position, including increasing its capitalization. Shareholders benefit not only from dividends, but also from the increased value of EIB shares.

At the 2025 Annual General Meeting of Shareholders of Vietnam Export Import Commercial Joint Stock Bank (Eximbank, code: EIB) held this morning (April 29), Mr. Nguyen Canh Anh, Chairman of the Board of Directors of Eximbank, said that in 2025, the bank will focus on the goal of effective and safe growth in the context of unpredictable global economic fluctuations, especially the new US tariff policy.

“We will focus on exploiting potential but safe customer segments, based on our existing strengths in retail and import-export financing,” said Mr. Nguyen Canh Anh.

In response to shareholders’ questions about the risk of increased risks due to Eximbank’s large proportion in the import-export sector, Mr. Canh Anh acknowledged that factors such as trade tensions and US tax policies will increase pressure on bad debt and asset quality; possibly pushing up input interest rates and international interest rates. Pressure to mobilize long-term capital will increase, leading to competition in interest rates.

However, the Chairman of Eximbank affirmed that the bank is still steadfast in its goal from the beginning of the year: "Opportunities will come to those who control risks well and have the ability to adapt flexibly."

Eximbank is also working with international strategic consultants to bring the bank back to its original position, including increasing its capitalization. Thereby, shareholders' benefits will not only come from dividends but also from the increased value of EIB shares.

According to General Director Nguyen Hong Hai, 96% of Eximbank's outstanding loans are secured loans. In 2025, the bank will step up debt settlement through its subsidiary AMC, while supporting businesses with bad debts to increase recovery capabilities.

At the meeting, shareholders also approved the consolidated pre-tax profit plan for 2025 to reach VND 5,188 billion, an increase of 23.8% compared to 2024.

The proposals on amending the charter to serve the relocation of the head office, which were rejected at the extraordinary General Meeting of Shareholders in November 2024, were also approved this time.

Eximbank's 2025 Annual General Meeting of Shareholders ended successfully.

A notable point at this congress is the approval of the limit on foreign investors' share ownership ratio.

General Director Pham Hong Hai revealed that Eximbank has contacted more than 10 global foreign investors. They wish to become major partners, strategic partners of Eximbank. It is estimated that this group of investors will account for about 24%.

“The remaining room for foreign investors is only 6%,” Mr. Hai emphasized.

Notably, Eximbank's General Meeting of Shareholders elected the Board of Directors and the Supervisory Board for the new term 2025-2030 with a very high approval rate (from 99.68% or more).

The Board of Directors for the 2025-2030 term consists of 5 members: Mr. Nguyen Canh Anh (Chairman of the Board of Directors for the 2020-2025 term); Ms. Do Ha Phuong (Vice Chairman of the Board of Directors for the 2020-2025 term); Mr. Pham Tuan Anh, Mr. Hoang The Hung and Ms. Pham Thi Huyen Trang.

The General Meeting of Shareholders also elected the Board of Supervisors for the 2025-2030 term, with 5 members.

Source: https://vietnamnet.vn/eximbank-da-tiep-xuc-hon-10-nha-dau-tu-nuoc-ngoai-tam-co-toan-cau-2396274.html