On March 31, 2023, the Asian Development Bank (ADB) just announced to continue increasing the trade finance limit for Eximbank from 31.5 million USD to 75 million USD.

According to Vu Duc Hai - Deputy Director of the Monetary Business Division representing Eximbank, "In order to raise the above limit, Eximbank has well met the criteria set by ADB such as: Transparent and effective business operations." efficiency, good risk management and good support for import-export businesses, as well as small and medium enterprises (SMEs). Eximbank is committed to using capital in the most effective way to support Vietnamese businesses, especially small and medium-sized enterprises and their supply chains, thereby contributing to promoting economic and social development."

The increase in trade finance limit demonstrates ADB's trust and appreciation for Eximbank's reputation, transparency, healthy operations as well as effective use of capital and always aiming for sustainable development. solid. This also helps affirm and enhance Eximbank's traditional strength in the fields of international payments and trade finance.

The year 2022 was a year of impressive business growth for Eximbank, specifically: Consolidated pre-tax profit reached VND 3,709 billion (48% higher than plan and 3 times higher than the same period in 2021). Most of Eximbank's business segments had positive profits last year. Net profit from business activities increased by 74%, reaching nearly 3,813 billion VND, of which, non-interest income sources increased sharply by 46% to reach 1,696 billion VND. As of December 31, 2022, Eximbank's total assets increased by 12% compared to the beginning of the year, to VND 185,056 billion.

Recently, Eximbank set a target plan for 2023: Total assets reached 210,000 billion VND, an increase of 13.5% compared to 2022; Capital mobilization is expected to increase by 11% to 165,000 billion; Outstanding credit balance  increased by 12.3% to 146,600 billion. This credit growth target will be implemented under conditions permitted by the State Bank; Target pre-tax profit is 5,000 billion, up 35%.

Recently, Eximbank set a target plan for 2023: Total assets reached 210,000 billion VND, an increase of 13.5% compared to 2022; Capital mobilization is expected to increase by 11% to 165,000 billion; Outstanding credit balance  increased by 12.3% to 146,600 billion. This credit growth target will be implemented under conditions permitted by the State Bank; Target pre-tax profit is 5,000 billion, up 35%.
This program aims to raise awareness about green finance and sustainable development, as well as the responsibility of businesses and communities in protecting the environment and helping customers minimize potential risks related to environmental impacts. Negative impacts of climate change and environmental pollution affect the reputation, cash flow of projects and customers' ability to repay debt. This activity will be promoted by Eximbank in the second quarter of 2023 and help businesses that meet good environmental management conditions conveniently access capital sources with preferential interest rates from international organizations.