Eximbank (EIB) has a board of directors rarely seen among Vietnamese commercial banks, with 6 of its 7 members being foreign nationals. At the October 14 extraordinary general meeting, shareholders elected General Director Pham Thi Huyen Trang to the board for the 2025–2030 term as a non-independent member. Trang became board chairwoman on December 4, 2025, was removed from her independent seat on July 24, 2026, and took over as General Director on August 1, 2026, replacing Tran Tan Loc. Responding to a shareholder's concern about cultural differences, Chairman Nguyen Le Quoc Anh said all board members have at least 25 years of banking experience and the board will focus on strategy and organizational culture. The meeting also approved increasing the board from 7 to 8 members.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Eximbank và HĐQT đặc biệt chưa từng thấy: 6/7 người mang quốc tịch nước ngoài, Tổng giám đốc từng làm Chủ tịch nay trở lại với tư cách thành viên không độc lập
Related tickers and likely impact
EIB
▼ Likely negativeEximbank
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 30,455 bn VND |
| P/E | 61.9 |
| P/B | 1.15 |
| Close on 10/14/2026 | 16.30 |
| Change that session | +0.93% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
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The State Bank of Vietnam (SBV) asked credit institutions to cut deposit rates by at least 0.5% a year for terms of 6 months or longer, and lending rates by 1.5-2% a year for production, business and priority sectors, while avoiding competitive rate hikes. LPBank cut deposit rates across all terms from 1 to 36 months, with its online 12-month rate now at 6.7% a year and 48-60 month rates at 5.2%. VietBank lowered online rates by 0.5 percentage points for terms of 6 to 36 months, bringing its 6-8 month rate to 5.4% a year. The central bank warned that banks failing to cut rates may face a review of their remaining credit quotas this year, lower targets next year, or higher safety ratios.
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- Prime Minister Lê Minh Hưng: State Bank of Vietnam directs banks to uniformly cut lending rates by 1.5-2% for production and business and priority sectors
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- State Bank Says Deposits Hit Record VND 11.4 Quadrillion, Rising Steadily Since Start of Year
Total deposits at credit institutions reached about VND 17.77 quadrillion at the end of August 2026, up over VND 310,000 billion (1.78%) from end-July and 7.6% year-to-date. Household deposits hit a record of about VND 11.43 quadrillion, accounting for roughly 87.5% of the year's total increase, and have not declined in any month this year. Corporate deposits stood at about VND 6.34 quadrillion, up 1.54% in the month but still below the late-June peak. Credit outstanding reached about VND 20.75 quadrillion as of 30 September 2026, up 11.59% from end-2025, so lending continues to outpace deposit growth. The State Bank said the average deposit rate on new transactions was 6.38%/year as of 20 September, and it asked banks to cut deposit rates for new terms of 6 months or longer, as well as listed and lending rates.
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