Vietnam Export and Import Commercial Joint Stock Bank (Eximbank-EIB) on September 30 announced it launched a program “one trillion dong to serve individual customers in production and business by year-end” with the maximum lending duration of three months. Accordingly, the bank will offer preferential lending interest rate of only 18.5% per year. The bank’s soft [...]
Oct 2 2011 | Posted in
Banking-Finance |
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Eximbank said it launched two lending programs on August 24 to facilitate exporters with lending interest rate as low as 7% p.a. The lender spared VND500 billion to lend at 17%p.a. interest rate for the first program called “facilitating export in VND with preferential lending rate”. Exporters eligible for the program are those who need [...]
Aug 25 2011 | Posted in
Banking-Finance |
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Vietnam Export Import Commercial Joint Stock Bank (Eximbank-EIB) has recently announced its consolidated business results in Q2 with a two-fold year on year increase in net interest income to reach 1.26 trillion dong. Its profit from services reached 87.6 billion dong in Q2. However, the lender suffered a loss of over 15 billion dong from [...]
Aug 23 2011 | Posted in
Banking-Finance |
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Vietnam Export Import Commercial Joint Stocks Bank (Eximbank) has entered the world’s top 25 banks with high growth rates, announced The Banker, an international financial affairs publication. Eximbank is the only bank in Vietnam and the Southeast Asian region to enter this year’s top rankings and also the world’s top 1,000 banks. The Banker’s Top [...]
Aug 2 2011 | Posted in
Banking-Finance |
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Eximbank of Vietnam said on Tuesday its net profit in the first half rose 78.9% from a year earlier to 1.27 trillion dong ($61.8 million). Ho Chi Minh City-based Eximbank said in a financial statement that total assets as of the end of June rose nearly 9% from the end of 2010 to 142.72 trillion [...]
Jul 27 2011 | Posted in
Banking-Finance |
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Export-import commercial joint stock bank set aside VND 2 trillion to lend local exporters at interest rates of 19.5% p.a., the state-run online newspaper VnEconomy reported July 8. The loan program lasts for 6 months, designed to create favourble conditons for enterprises to access cheap bank loans as requested by the State Bank of Vietnam, [...]
Jul 11 2011 | Posted in
Banking-Finance |
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