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Eximbank lists 876.2 million shares on HoSE

The Vietnam Export-Import Bank (Eximbank) officially listed more than 876.2 million shares, a record number, on the Ho Chi Minh Stock Exchange (HoSE) on Oct. 27.
The Vietnam Export-Import Bank(Eximbank) officially listed more than 876.2 million shares, a recordnumber, on the Ho Chi Minh Stock Exchange (HoSE) on Oct. 27.

With the move, Eximbank became the 205th firm which have listed shares on the southern bourse.

During the course of the first trading session, over 1.4 millionshares, coded EIB, were traded at 29,000 VND (1.6 USD) each.

Eximbank was established in the early 1990s, making it the firstcommercial joint stock bank in Vietnam . The listing of its sharesforms part of the bank’s strategy to grow into one of the country’sleading commercial banks.

The bank has an ownership capital of almost 14 trillion VND (786.5million USD) and a chartered capital of 8.8 trillion VND (494 millionUSD). It has set up 124 transaction centres throughout Vietnam and 720bank agents in 65 countries and territories around the world.

Eximbank reported a pre-tax profit of 1.16 trillion VND (65 million USD) in the first nine months of this year./.
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