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Lender Eximbank has appointed Nguyen Hoang Hai as acting CEO for a year to replace Tran Tan Loc who resigned Monday. Hai, 45, who has worked for ABBank and EVN Finance, had become deputy CEO of Eximbank in early August. Loc remains a director. Also on Tuesday…
On Monday morning, the U.S. dollar dropped at banks but remained unchanged at unofficial exchange points. Vietcombank sold the dollar at VND23,740 Monday, down 0.02% from Sunday. Eximbank and Techcombank sold the greenback 0.04% lower at VND23,720, and…
Japanese giant Sumitomo Mitsui Banking Corporation has sold a 10.8% stake in Vietnam’s Eximbank, reducing its ownership to 4.27%. It sold 132.8 million EIB shares at VND27,750 ($1.18) on January 13, according to a release by the Vietnamese bank. The value of…
On Monday, the U.S. dollar went up against the Vietnamese dong at most banks and the black market. Vietcombank sold the dollar at VND23,800, up 0.34% from Saturday. Eximbank sold the greenback at VND23,770, up 0.30%. The rate at Techcombank is VND23,800, up…
The U.S. dollar continued to depreciate against the dong on the black market Monday. It plunged 0.86% to VND24,220 at unofficial exchange points. The greenback fell 0.19% to VND23,825 at TPBank, and dropped 0.32% to VND23,713 at Vietinbank. Eximbank sold the…
Lender Eximbank has tripled profits year-on-year for the third quarter to over VND1.278 ($51.5 million). Its net interest income doubled, and non-interest income from services and foreign exchange businesses grew in double digits. Its profits for the first…
The U.S. dollar continued to strengthen and reached its historic high against Vietnamese currency Saturday. The State Bank of Vietnam (SBV) on Saturday morning set the reference rate for the Vietnamese dong at VND23,283, the same as Friday and VND50 higher…
Lender Eximbank has sought approval from the State Bank of Vietnam to pay a dividend of VND1,800 ($0.07) per share for 2020. The bank sold its bad debts to the state-owned Vietnam Asset Management Company (VAMC) in 2015 against bonds on the condition it is…
State-owned Indonesia Eximbank will play a pivotal role in boosting small and medium enterprise (SME) exports through export based people’s business credit (Kurbe) and an incubator program. Indonesia Eximbank acting president director Suswijono Moegiarso said…
