HCMC – Vietnam Commercial Joint Stock Export Import Bank (Eximbank) looks to obtain VND5.58 trillion in consolidated pre-tax profit this year, up by 33.2% against 2024, according to a business plan approved by its board of directors.
The bank expects total assets to reach VND265.5 trillion by the end of 2025, up by 10.8% from the previous year. Deposits are projected to rise by 15.5% to VND206 trillion, while outstanding loans are forecast to increase by 16.2% to VND195.5 trillion. Eximbank plans to lower its non-performing loan ratio 0.54 percentage point to 1.99% this year.
In 2024, the lender posted a record consolidated pre-tax profit of nearly VND4.2 trillion, surging by 54% versus the year earlier. Its fourth-quarter profit jumped 79.7% year-on-year to VND1.81 trillion.
Net income from services rocketed by 110.1% to VND1.08 trillion, while foreign exchange trading revenue increased by 38.7% to VND674 billion.
As of December 31, 2024, the bank’s total assets stood at VND239.77 trillion, up by 19.4% from the start of the year.
Credit expanded by 17.6% to VND163.39 trillion, and deposits climbed by 7.1% to VND167.45 trillion. Its capital adequacy ratio stood at 12%-13%, above the regulatory minimum of 8%.
Wrapping up the trading session today, February 18, its EIB shares edged up by 0.26% to VND19,450, with a matching volume of 13.5 million shares.
The VN-Index gained 5.42 points, or 0.43%, to close at 1,278.14 points on Tuesday, driven by gains in key blue-chip stocks.
Trading volume totaled 706.7 million shares with a total value of VND14.26 trillion, down by 17% and 19%, respectively, over the previous session. Block deals contributed more than 76 million shares valued at over VND1.4 trillion.
Foreign investors extended their selling streak for the 12th consecutive session, offloading over VND110 billion worth of shares on the Hochiminh Stock Exchange. 293 stocks gained, and 85 others declined at the close.
MWG was most actively traded by foreign investors, with net transactions totaling VND73 billion, followed by VNM with VND40 billion. Meanwhile, foreign investors net bought VCI at VND104 billion, along with HPG, FPT, and NVL.
Insurer BVH stole the limelight as it shot up to the ceiling price of VND57,300, contributing 0.69 positive point to the main index. Steelmaker HPG added 1.53% to VND26,550, lifting the index by 0.61 points. Lender BID gained 0.75% to VND40,500, contributing 0.49 points.
Securities broker VIX was the most actively traded stock with a volume of over 42.3 million shares, gaining 1.86% to VND10,950.
On the downside, LPB dropped by 1.74% to VND36,600, pulling the index down by 0.45 point. Jewelry firm PNJ and industrial real estate developer BCM also declined, reducing the index by 0.14 and 0.07 point, respectively.
The VN30 basket, which groups the 30 largest-cap stocks, saw 22 advancers and six decliners. The VN30-Index increased 3.38 points, or 0.25%, to 1,337.39 points.
The HNX-Index added 2.65 points, or 1.14%, to 235.85 points, with 108 stocks advancing and 77 others dipping. Trading volume on the northern exchange reached 72.2 million shares worth VND1.1 trillion.
