In recent days, the Vietnam Export-Import Commercial Joint Stock Bank (Eximbank) has been inundated with inquiries from shareholders, partners, customers, and the media following reports alleging that the SBV was conducting an inspection of the bank.  

Eximbank clarified that these reports have caused public confusion, leading some to mistakenly believe that the Banking Supervision and Inspection Agency (SBV) had issued a formal inspection notice related to alleged "violations" in Eximbank’s credit activities.  

This misinformation quickly spread online, garnering thousands of negative comments about the bank’s operations.  

Eximbank strongly denied these claims, asserting that it has not been subject to any recent inspections regarding its credit operations. The bank emphasized that it strictly complies with all legal and regulatory requirements, operates stably, and continues to effectively meet the financial needs of its clients and partners.  

According to Eximbank, its key financial indicators remain highly stable, meeting capital and liquidity requirements and demonstrating strong resilience to market risks.  

“Eximbank is committed to transparent communication with stakeholders and opposes individuals or organizations that misuse freedom of speech or press freedoms to disrupt the bank’s stability,” the statement read. The bank urged shareholders, investors, customers, partners, and the media to carefully evaluate information and rely on verified updates published on its official website.  

Eximbank reported robust growth in the first nine months of 2024:  

- Total assets increased by 11% since the beginning of the year and 16.9% year-on-year.  

- Total deposits rose by 9.1% year-to-date and 12.2% year-on-year.  

- Outstanding loans grew by 15.1% year-to-date and 18.9% year-on-year.  

- Pre-tax profit saw consistent growth across quarters, with Q3 profits rising by 39% year-on-year.  

- Capital adequacy ratio (CAR) remained in the 12-14% range, well above the SBV’s 8% requirement.  

Tuan Nguyen