Eximbank's announcement


TCBC - Regarding Eximbank providing information to media agencies, readers and customers

Recently, on the media and social networks, unofficial and speculative statements have been posted and spread that can seriously affect the image, reputation, and brand of Eximbank. Vietnam Import-Export Commercial Joint Stock Bank - Eximbank would like to provide information to the media, readers and customers as follows:

On March 22, 2019, with the high trust and consensus of the Board of Directors, Eximbank issued Resolution No. 112/2019/EIB/NQ-HĐQT on the appointment of Ms. Luong Thi Cam Tu - Member The Board of Directors holds the position of Chairman of the Board of Directors of Eximbank term VI (2015 - 2020) replacing Mr. Le Minh Quoc - Independent member of the Board of Directors.

Eximbank affirmed that the Eximbank Board of Directors held a meeting on March 22, 2019 to appoint Ms. Luong Thi Cam Tu in accordance with the provisions of the Enterprise Law (Article 53) and Eximbank's charter (Article 44). At the same time, the number of members of the Board of Directors attending (at the meeting on March 22 and previous meetings) all complied with the provisions of law. Including the consensus of 02 members of the board of directors representing shareholders Sumitomo Mitsui Banking Corporation - Eximbank's strategic shareholder.
The Board of Directors has submitted a written report to the authorities and the State Bank and carried out information disclosure in accordance with the regulations of the State Securities Commission on the appointment of a new Chairman of the Board of Directors.
Eximbank would like to provide more information about the bank's business activities from the beginning of 2019 until now, still growing stably and sustainably, specifically: Capital mobilization from Economic Organizations & Individuals increased by 3.2% compared to the beginning of the year ; Core business profit increased twice in the same period in 2018; Operational safety ratios such as: ratio of outstanding loans to total deposits, ratio of liquidity reserves, solvency ratio, ratio of short-term capital for medium and long-term loans,... are all guaranteed according to regulations of the State Bank. Eximbank is maintaining a good liquidity position with the amount of deposits in the interbank market reaching over 15% of market capital mobilization 1. The bank's capitalization value increased nearly 24% compared to the end of 2018.

In recent times, personnel issues have always been a hot spot for Eximbank, especially issues of shareholder groups at the bank. Furthermore, there is currently a lot of unofficial and speculative information that can seriously affect Eximbank's image, reputation, and brand. In particular, Eximbank is a bank listed on the stock exchange (MCK: EIB - HOSE) and will organize the Annual General Meeting of Shareholders on April 26, 2019.
To avoid unofficial information causing chaos and affecting the safety of Eximbank in particular and the banking and financial system in general, we respectfully hope that the media agencies will support the bank in matters of information and regulation. Information direction in the coming time to help Eximbank, the entire Board of Directors and employees who are building, stabilizing and developing the bank.

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