History and Development 

Eximbank was established on May 24, 1989 under the decision No. 140/CT of the Chairman of the Council of Ministers under the name VIETNAM EXPORT IMPORT BANK and was one of the first joint-stock commercial banks of Vietnam.

The Bank officially came into operation on January 17, 1990. On April 6, 1992, the Governor of the State Bank of Vietnam signed the license No. 11/NH-GP allowing the Bank to operate for a term of 50 years with the registered charter capital of VND50 billion (equivalent to USD12.5 million) and the new name Vietnam Export Import Commercial Joint-Stock Bank (Vietnam Eximbank for short).

At present, Eximbank has the charter capital of VND12,335 billion and the owner’s equity of VND13,317 billion, making it one of the largest banks in terms of owner’s equity among the commercial joint stock banks in Vietnam.

Vietnam Export Import Commercial Joint Stock Bank has developed a nationwide network with its Head Office located in Ho Chi Minh City and 207 branches and transaction offices and has established correspondent banking relationship with over 869 banks and their branches in more than 84 countries in the world.

Product and Service Portfolio:
  • Savings deposits and demand deposits mobilization from individuals and entities in VND, foreign currencies, and gold. Customers' deposits are insured as per the State stipulations.

  • Short, medium and long term loans; syndicated loans; overdrafts; consuming loans; credit limits in VND, foreign currencies, and gold with favorable conditions and simple procedures.

  • Foreign currency trading by Spot, Swap, Forward, and Currency Option.

  • Settlement services and financing for export-import activities, documentary discounting, and SWIFT-based transfer under various forms of L/C, D/A, D/P, T/T, P/O, cheque, thus ensuring quickness, reasonable costs and safety.

  • Issuing and settling domestic and international credit cards including EXIMBANK MasterCard, EXIMBANK Visa, EXIMBANK Card; acquiring VISA, MasterCard, JCB, etc.; making online payments by cards.

  • Cash services, payroll, collection, on-site collection and payment, foreign exchange, overseas remittance payment, domestic and overseas remittances.

  • Domestic and overseas guarantee issuance (payment guarantee, tax payment guarantee, performance guarantee, bid guarantee, price quotation guarantee, warranty bond, advance payment bond, etc.).

  • Financial services package for overseas studies; advisory services for monetary-financial investments.

  • Home-Banking, Mobile-Banking, Internet Banking.

Achievements

 In 2020

  • Top 20 Famous Brands – recognized and awarded by Vietnam Intellectual Property Association (VIPA).

  • Leading License in Merchant Sales Growth – awarded by JCB International Credit Cards.

  • “Vietnam Digital Awards” 2020 – awarded by Vietnam Digital Communications Association.

  • Wins Bank of New York Mellon Straight Through Processing Award.

  • Standard & Poor's Global Ratings announced the long-term issuer credit rating on is B+ with “stable” outlook.

 In 2019

  • Wins Citibank Straight-Through Processing Award.

  • Wins JPMorgan Straight-Through Processing Award.

  • Wins Wells Fargo Straight-Through Processing Award.

  • Leading License in new product, “Leading License in Credit card member base growth”, Leading License in Total retail spending volume growth. Awarded by JCB International Credit cards for.

  • Leadership in Commercial Payment Volume Growth 2019 by Visa international card organization.

  • Vietnam Digital Awards 2019 by Vietnam Digital Communications Association.

  • Standard & Poor's Global Ratings announced the long-term issuer credit rating on is B+ with “stable” outlook.

  • Wins Bank of New York Mellon Straight Through Processing Award.

In 2018

  • Wins Bank of New York Mellon Straight-Through Processing Award 2017.

  • Wins Wells Fargo Straight-Through Processing Award.

  • Wins JPMorgan Straight-Through Processing Award.

In 2017

  • Wins HSBC Straight-Through Processing Award 2016.

  • Wins Bank of New York Mellon Straight-Through Processing Award 2016.

  • Gets recognition of JPMorgan for U.S. Dollar Clearing in 2017.

  • Wins Wells Fargo Operational Excellence Award 2016.

In 2016

  • Honorly awarded “Excellent Straight Through Processing Award” 2016 by JPMorgan (US).

In 2015

  • April 2015: “Best Trade Finance Bank in Vietnam 2015” awarded by the Asian Banker magazine.

  • Awarded “Best Trade Finance Bank 2015” by Asian Banker; and bestowed "Best Local Cash Management Bank in Vietnam 2015” by AsiaMoney – Hong Kong as voted by small enterprises with annual turnover of below USD100 million.

  • Eximbank and Infosys entered into an agreement to deploy Infosys Finacle corebanking solution in order to make a breakthrough in exploiting and further developing modern banking products and services.

  • May 2015: “Straight-Through Processing Award of 2014” bestowed by Standard Chartered Bank (SCB).

In 2014:

  • March 2014: “Excellence in International Settlements Service” awarded by Bank of New York Mellon.

  • July 2014: “Best Annual Report 2014” bestowed by Ho Chi Minh City Stock Exchange and Securities Investment Magazine.

  • August 2014: “Best Bank in Vietnam 2014” awarded by Euromoney magazine.

  • August 2014: Continued to be ranked in Top 1,000 World Banks in 2014 by The Banker - a leading magazine in financial areas.

  • August 2014: Selected by Vietnam Enterprise Association to Top 100 Talented Managers and Top 100 Most Outstanding Enterprises.

  • October 2014: Selected as “Strong and Sustainable Enterprises 2014” by Businessmen Cultural Center.

In 2013:

  • March 2013: “Excellence in International Settlements Service” awarded by Bank of New York Mellon.

  • April 2013: “Best Managed Bank in Vietnam 2013” bestowed by the Asian Banker magazine.

  • May 2013: “Vietnam's brands in WTO Integration in 2013” bestowed by Vietnam’s Brand magazine.

  • July 2013: “Best Bank in Vietnam 2013” awarded by Euromoney magazine and “Best Annual Report 2013” bestowed by Ho Chi Minh City Stock Exchange and Securities Investment Magazine.

  • August 2013: Ranked in Top 1,000 World Banks by The Banker magazine.

  • October 2013: Ranked in Top 50 Golden Products and Services in 2013 by Center for Application, Research and Development in Vietnamese Brands

  • November 2013: Ranked in Top 50 Golden Products and Services in 2013 by Office of Intellectual Property of Vietnam.

  • December 2013: Selected by Vietnam Enterprise Association to Top 100 Talented Managers and Top 100 Most Outstanding Enterprises.