Eximbank: ‘The 8.8 billion VND credit card debt case is a big lesson’

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Eximbank holds its annual shareholders’ meeting today, April 26 – Photo: AH

At the congress, the acting general director of Eximbank had discussions with shareholders regarding this issue, as well as whether the bank will charge fees for inactive accounts…

There will not be an incident similar to the 8.8 billion incident

Answering questions from shareholders, Mr. Nguyen Hoang Hai – acting general director of Eximbank – said that the recent case of a customer’s credit card debt from 8.5 million to 8.8 billion VND that caused a stir in public opinion is a lesson. big for Eximbank.

“This is meaningful in rebuilding the system and creating a better image for Eximbank. There are many different ways to calculate interest. We are aiming for a way to calculate interest that is consistent with market practices and is satisfactory.” with customers,” Mr. Hai said.

He also said that Eximbank will not let similar things happen and work with respect for customers.

Regarding the question of whether the bank will charge a fee for inactive accounts, Mr. Hai said the bank will not charge a fee for inactive accounts. But these accounts are wasteful, the bank will close them if customers do not use the service.

“Eximbank seriously considers and learns from this in its card service policy,” Mr. Hai emphasized.

Mr. Nguyen Ho Nam joined the Board of Directors of Eximbank

Mr. Nguyen Ho Nam was elected to the Board of Directors of Eximbank – Photo: PH

At Eximbank’s annual shareholders’ meeting held today, Mr. Nguyen Ho Nam – Chairman of the Board of Directors (BOD) of Bamboo Capital – was elected to Eximbank’s Board of Directors with 99.63% of voting shares. attend the congress.

Immediately after being elected, Mr. Nam submitted his resignation as Chairman of the Board of Directors of Bamboo Capital Group this afternoon, April 26.

At this general meeting, shareholders also approved the dismissal of the position of member of the Board of Directors for Ms. Le Thi Mai Loan. Previously, Ms. Loan resigned for personal reasons on January 31, 2024.

This year, Eximbank pays dividends with a total rate of 10% in cash (3%) and stocks (7%), from the remaining profit after setting up funds.

Regarding the stock dividend plan, Eximbank plans to issue an additional 121 million shares, at a rate of 7%. If the issuance is successful, Eximbank’s charter capital will increase to a maximum of more than 18,600 billion VND.

In 2024, Eximbank targets pre-tax profit to reach VND 5,180 billion, an increase of 90% compared to 2023 results. The bank also targets total assets to reach VND 223,500 billion. Capital mobilization and credit balance increased by 10.5% and 14.6%, respectively. The bad debt ratio is controlled at 1.8%.

Regarding finding strategic shareholders, Eximbank Chairman of the Board of Directors Do Ha Phuong said that Eximbank currently does not have major shareholders owning 5% of capital or more. The positive point is that the bank will operate transparently.

However, to develop in quality, we still need potential and leadership and support. The bank will consider finding strategic investors after submitting it to shareholders for approval.

The article is in Vietnamese

Tags: Eximbank billion VND credit card debt case big lesson

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