News about EIB

VSC shares of Viconship rose 6.72% to the ceiling price of VND 14,300 in the morning session of October 21, with trading volume of nearly 22 million units, more than three times the previous full session, and over 3 million shares waiting to buy at the ceiling price. Viconship recently appeared for the first time on the list of shareholders holding at least 1% of Eximbank's charter capital, with over 18.7 million EIB shares (1.01%). The board approved a plan to sign a deposit agreement to acquire 100% of the capital in Viconship Industrial and Real Estate Infrastructure Co., Ltd., at a transfer value not exceeding VND 1,100 billion. Vietcap forecasts that Viconship may offer about 187 million shares at VND 10,000 each in Q4 2026, raising about VND 1,870 billion. Its 2026 revenue is projected at about VND 3,583 billion, with after-tax profit attributable to parent shareholders at about VND 440 billion.

Viconship (VSC) has appeared for the first time among shareholders holding more than 1% of Eximbank (EIB), with over 18.7 million shares, or 1.01% of charter capital. Its Q2 2026 report shows its trading securities portfolio at about VND 790 billion at market value, versus about VND 716 billion at cost. As of June 30, 2026, Viconship owed nearly VND 2,856 billion in long-term loans from Eximbank, used for capital transfers, equity contributions and ship purchases, with initial interest rates of 7% to 10% per year. Its board has also approved deposits to acquire 100% of Viconship Industrial and Real Estate Infrastructure Co. (BDSV) for no more than VND 1,100 billion.

Viconship, a major seaport operator in Hai Phong, now holds 18.7 million EIB shares, or over 1% of Eximbank's capital, and appears as a new investor in the updated list of shareholders above 1%. Related parties hold nearly 1.3 million more shares, while other major holders such as Gelex (10%), VIX Securities (4.83%) and Vietcombank (4.51%) kept their stakes unchanged from the April list. In the first half, Viconship posted net revenue of VND 1,722 billion and pre-tax profit of VND 381 billion, up 15% and 22% year on year. By contrast, Eximbank's total assets reached over VND 266,000 billion as of June 30, but its pre-tax profit for the first half fell by more than half to over VND 678 billion. At an extraordinary meeting on October 14, shareholders elected Pham Thi Huyen Trang, the current General Director, to the Board and approved raising the foreign ownership limit from 6% to a maximum of 30% of charter capital.

Viconship (VSC) appeared for the first time on Eximbank's (EIB) list of shareholders holding 1% or more of charter capital, with 18.775 million shares, or 1.01%, while related persons hold a further 1.247 million shares, or 0.07%. The list was published as the bank held an extraordinary shareholders' meeting on 14 October. At the meeting, shareholders elected Phạm Thị Huyền Trang, Eximbank's CEO, to the board, raised board seats from 7 to 8 with 7 independent members, and removed the 6% foreign ownership cap. Other major holders include GELEX with 10%, VIX Securities with 4.83% and Vietcombank with 4.51%.

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.