Eximbank holds its 2nd Annual general Meeting on May 26

16-May-2019 Intellasia | Tri Thuc Tre | 6:00 AM Print This Post

Vietnam Joint Stock Export Import Bank (Eximbank stock code: EIB) has just announced the information on the 2nd Annual general Meeting of Shareholders at White Palace Convention in HCM City.

Accordingly, the content of the meeting is quite general including the operation report of 2018, the orientation of 2019 and other contents under the authority of the general Meeting of Shareholders.

Following the meeting document, in 2019, the bank will seek shareholders’ approval on the plan of increasing the total assets by 18.6 percent to over 181 trillion dong; the capital by 21 percent and the credit balance by 11 percent and maintaining the Non-performance loan ratio below two percent.

Previously, the bank’s annual general Meeting of Shareholders on April 26, 2019 at Sheraton Saigon Hotel was not eligible to proceed because the total number of shareholders of the meeting represented 65 percent of the total shares have voting rights.

In this second time, the percentage of shareholders attending the meeting so that the meeting can be conducted in accordance with the law is at least 51 percent of the total shares with voting rights.

As we have informed, from February 2019 up to now, the issue of high-level personnel in Eximbank as well as large groups of shareholders of this bank has attracted the attention of the market.

At the end of March, the bank’s chair was changed but later failed because the court had a temporary emergency stop ruling on the change of chair after the former chair, Le Minh Quoc, had a claim. Quoc said that changing the Chair of the Board and the establishment of the Independent Committee by the Board was wrong. Since then, the bank leader has been a big question for shareholders. Eximbank’s personnel status is even more confused when the labour contract with general director Le Van Quyet has expired.


Category: Finance, Vietnam

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