Eximbank speaks out about documents circulating on social networks

Eximbank said the bank is still operating stably, meeting customers' financial needs.

Late on October 15, Vietnam Export Import Commercial Joint Stock Bank ( Eximbank ) issued a press release regarding documents circulating on social networks.

Specifically, this document represents an urgent petition and reflection on serious risks leading to unsafe operations and the risk of collapse of the Eximbank system (only the first page and no signature, no seal). Eximbank affirms that the above document circulating on social networks is not a document of the Eximbank Supervisory Board and does not originate from the bank.

According to Eximbank, this is an unverified document of unknown origin. The bank is requesting the authorities to assist in verifying and clarifying the motive for the dissemination of this document in order to protect the legitimate rights and interests of the bank, customers, shareholders and partners.

Eximbank said the bank is still operating stably, safely and effectively, meeting the diverse financial needs of customers and partners. Eximbank's financial data is always transparent and independently audited according to international standards. Important financial indicators are currently at a high and stable level of safety, meeting well the requirements for capital, liquidity and are fully capable of withstanding market risks.

The Bank always complies with the provisions of the law and the State Bank of Vietnam , ensuring transparency in all activities.

According to the business results of the first 9 months of 2024, Eximbank's total assets increased by 11% compared to the beginning of the year, total mobilization increased by 9.1%, outstanding loans increased by 15.1%; pre-tax profit increased over the quarters (in which pre-tax profit in the third quarter increased by 39% over the same period); capital safety ratio CAR is always at the threshold of 12-14% (higher than the threshold of 8% according to the State Bank's regulations).

Regarding the above documents, on October 14 and 15, the value and quantity of Eximbank shares bought and sold fluctuated strongly. Especially on October 14, more than 100 million Eximbank shares were successfully traded.

Source: https://nld.com.vn/eximbank-len-tieng-ve-tai-lieu-lan-truyen-tren-mang-xa-hoi-196241015194309621.htm