AsemconnectVietnam - Vietnam Export Import Commercial Joint Stock Bank (Eximbank, code EIB - HOSE) has just announced its business results for Q1/2025, with pre-tax profit reaching VND832 billion, up 25.8% over the same period.

According to the financial report, net interest income continues to be Eximbank's main source of revenue, reaching VND1,354 billion. Non-interest activities recorded significant improvements, especially foreign exchange trading with net profit reaching VND201.7 billion, up sharply by 141% over the same period.
Banking services also brought in VND146 billion, up 32.2%, while net profit from other activities increased to VND109 billion. The bank's total operating income exceeded VND 1,800 billion, up 14.6% over the same period, showing that efforts to diversify revenue sources are bringing about clear results.
By the end of the first quarter of 2025, Eximbank's total assets reached VND251,133 billion, up 4.74%. Customer loans reached VND180,336 billion, up 9.2%, while outstanding credit of the whole system reached VND182,258 billion, up 8.34%. Credit is allocated to key areas such as individual customers, SMEs, FDI enterprises and large enterprise ecosystems, in line with the credit orientation of the State Bank. Customer deposits reached VND175,759 billion, up 4.96%, equivalent to an increase of nearly VND8,300 billion compared to the beginning of the year.
Eximbank continues to maintain positive financial safety indicators, with the ratio of short-term capital used for medium- and long-term lending maintained at around 23-25%, lower than the State Bank's threshold of 30%; the credit/deposit ratio (LDR) controlled below 85%; and the capital adequacy ratio (CAR) approximately 12%, higher than the minimum level of 8% as prescribed. At the annual general meeting of shareholders held at the end of April 2025, Eximbank shareholders approved the 2025 business plan with the target of total assets reaching VND 265,500 billion, up 10.7%; capital mobilization of VND206,000 billion, up 15.5% and outstanding credit of VND195,500 billion, up 16.2%. The Bank targets pre-tax profit at VND5,188 billion, up nearly 24% compared to the previous year's results. Notably, the Bank plans to control bad debt at below 1.99%, demonstrating a high commitment to improving credit quality and operational efficiency.
Immediately after the congress, the Board of Directors of Eximbank for the 2025-2030 term held its first meeting to elect positions and assign specific tasks. Accordingly, Mr. Nguyen Canh Anh will continue to hold the position of Chairman of the Board of Directors of Eximbank for the 8th term (2025 - 2030) and the Legal Representative of Eximbank from April 29, 2025.
In addition to electing the position of Chairman for the new term, at this meeting, the Board of Directors of Eximbank also agreed on the positions of 02 members of the Board of Directors, Ms. Do Ha Phuong and Mr. Pham Tuan Anh; 02 independent members of the Board of Directors, Mr. Hoang The Hung and Ms. Pham Thi Huyen Trang.
Also on the afternoon of April 29, the Board of Supervisors of Eximbank for the 8th term (2025 - 2030) met and agreed on the structure and positions of the Board of Supervisors. The Head of the Board of Supervisors for this term is Mr. Nguyen Tri Trung.
N.Nga
Source: VITIC/Tinnhanhchungkhoan