Eximbank is working with international strategic consulting firms to restore its former market position, focusing on boosting market capitalization. Shareholder benefits are expected to come not only from dividends but also from the rising value of EIB shares.

At the 2025 Annual General Meeting (AGM) of Vietnam Export-Import Commercial Joint Stock Bank (Eximbank, stock code: EIB) held this morning (April 29), Chairman Nguyen Canh Anh stated that in 2025, the bank would prioritize efficient and safe growth amid unpredictable global economic conditions, especially in light of the United States’ new tariff policies.

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

Responding to shareholder concerns about the risk of Eximbank’s heavy reliance on the export-import sector, Canh Anh admitted that trade tensions and U.S. tariff policies could increase pressure on bad debts and asset quality, potentially driving up domestic and international interest rates. This would heighten the pressure to mobilize long-term capital, intensifying competition over interest rates.

Nevertheless, the Eximbank Chairman affirmed the bank’s commitment to its original goal: “Opportunities will favor those who can control risks well and adapt flexibly.”

Eximbank is also collaborating with international strategic consultants to reinforce its market capitalization. As a result, shareholder gains will not only stem from dividend payouts but also from the growing value of EIB shares.

According to CEO Nguyen Hong Hai, 96% of Eximbank’s outstanding loans are secured by collateral. In 2025, the bank will intensify debt resolution efforts through its AMC subsidiary while supporting business units with bad debts to enhance recoverability.

At the AGM, shareholders also approved the 2025 consolidated pre-tax profit target of 5.188 trillion VND (approximately 208 million USD), representing a 23.8% increase over 2024.

Proposals to amend the bank’s charter to facilitate the relocation of its headquarters - previously rejected at the extraordinary shareholders' meeting in November 2024 - were approved this time.

Overview of Eximbank’s 2025 Annual General Meeting

A key highlight of the meeting was the approval of the foreign ownership limit.

CEO Pham Hong Hai revealed that Eximbank had engaged with more than 10 prominent global investors, who expressed interest in becoming major or strategic partners. This group is estimated to account for about 24% ownership.

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

Another significant outcome was the election of the Board of Directors (BOD) and Supervisory Board for the 2025-2030 term, with very high approval rates (from 99.68% and above).

The new BOD for 2025-2030 includes five members: Nguyen Canh Anh (Chairman of the 2020-2025 term), Do Ha Phuong (Vice Chairwoman of the 2020-2025 term), Pham Tuan Anh, Hoang The Hung, and Pham Thi Huyen Trang.

The Supervisory Board for the 2025-2030 term also comprises five members.

Tuan Nguyen