Today, Vietnam Export Import Commercial Joint Stock Bank (Eximbank) held an extraordinary general meeting of shareholders to address personnel matters. Shareholders approved the dismissal of three members of the Board of Directors and elected five new individuals. The list included: Nguyen Le Quoc Anh, Michael Richard Harte, Chua Teck Huat Bill, Richa Goswami, and Ooi Huey Tyng. Nguyen Le Quoc Anh previously served as CEO of Techcombank.
Chairwoman Pham Thi Huyen Trang affirmed that despite fluctuations in senior leadership positions, Eximbank's development strategy will remain unchanged. "We believe a sustainably developing bank must operate on a solid governance foundation, not dependent on any individual," Chairwoman Huyen Trang stated.
Shareholders expressed interest and questioned the bank's operational results for the first half of 2026. In response, Acting CEO Tran Tan Loc announced that pre-tax profit for the first half of the year reached 730 billion dong, achieving 41% of the annual plan. In the same period of 2025, Eximbank's pre-tax profit was 1,488 billion dong. Thus, the bank's performance has more than halved compared to the first six months of 2025.
By the end of the second quarter, total assets amounted to 266,500 billion dong, a decrease of approximately 6,000 billion dong from the year-end figure. Of this, mobilized capital was 192,600 billion dong, with outstanding loans exceeding 200,000 billion dong. The non-performing loan ratio stood at 2,88%, remaining below the bank's target of 3%.
Tran Tan Loc further shared that Eximbank is not currently facing liquidity difficulties, unlike some other entities within the system. As of 30/6, the capital adequacy ratio (CAR) reached 12,5%, surpassing the 8% minimum required by the State Bank of Vietnam. "Our capital safety capacity is high," Loc assessed.
The 30-day payment capacity ratio exceeded 80%, higher than the 50% minimum regulation. Additionally, the loan-to-deposit ratio (LDR) was around 83%, lower than the 85% regulated by the State Bank of Vietnam. According to Loc, these indicators demonstrate the bank's compliance with operational safety requirements.
Assessing the banking sector's outlook for the end of the year, Loc noted that the business environment will benefit from robust macroeconomic growth. This creates favorable conditions for banks, including Eximbank, to expand operations and boost corporate financing.
The digital transformation process is progressing well, enhancing connectivity between entities in the industry, accelerating customer payments, and reducing costs. "This will continue to be a key growth driver for the bank in the coming period," Loc said.
However, Eximbank's Acting CEO also acknowledged that the banking industry faces challenges. The US tariff policy remains uncertain. Furthermore, geopolitical tensions in the Middle East are pressuring oil prices, leading to adverse effects on inflation, exchange rates, and interest rates.
Eximbank's largest investor is Gelex Group, with a 10% ownership stake. This company appeared on the list of shareholders holding over one percent of Eximbank's capital in July 2024.
In April this year, Gelex Chairman Nguyen Van Tuan stated that the group acts as a long-term strategic investor in Eximbank. They also aim to increase their ownership in Eximbank if regulatory approval is granted.
Trong Hieu
