Eximbank was established on May 24, 1989 under the decision No. 140/CT of the Chairman of the Council of Ministers under the name VIETNAM EXPORT IMPORT BANK and was one of the first joint-stock commercial banks of Vietnam.
The Bank officially came into operation on January 17, 1990. On April 6, 1992, the Governor of the State Bank of Vietnam signed the license No. 11/NH-GP allowing the Bank to operate for a term of 50 years with the registered charter capital of VND50 billion (equivalent to USD12.5 million) and the new name Vietnam Export Import Commercial Joint-Stock Bank (Vietnam Eximbank for short).
At present, Eximbank has the charter capital of VND10,560 billion and the owner’s equity of VND13,627 billion, making it one of the largest banks in terms of owner’s equity among the commercial joint stock banks in Vietnam.
As of December 31, 2010, Vietnam Export Import Commercial Joint Stock Bank has developed a nationwide network with its Head Office located in Ho Chi Minh City and 183 branches and transaction offices in Ha Noi, Hai Phong, Nghe An, Quang Ninh, Quang Ngai, Da Nang, Hue, Nha Trang, Lam Dong, Dac Lac, Binh Duong, Dong Nai, Ba Ria Vung Tau, Ho Chi Minh City, Long An, An Giang, Tien Giang, Can Tho and Bac Lieu and has established correspondent banking relationship with over 852 banks and their branches in more than 80 countries in the world.
- Savings deposits and demand deposits mobilization from individuals and entities in VND, foreign currencies, and gold. Customers' deposits are insured as per the State stipulations. - Short, medium and long term loans; syndicated loans; overdrafts; consuming loans; credit limits in VND, foreign currencies, and gold with favorable conditions and simple procedures. - Foreign currency trading by Spot, Swap, Forward, and Currency Option. - Settlement services and financing for export-import activities, documentary discounting, and SWIFT-based transfer under various forms of L/C, D/A, D/P, T/T, P/O, cheque, thus ensuring quickness, reasonable costs and safety. - Issuing and settling domestic and international credit cards including EXIMBANK MasterCard, EXIMBANK Visa, EXIMBANK Card; acquiring VISA, MasterCard, JCB, etc.; making online payments by cards. - Cash services, payroll, collection, on-site collection and payment, foreign exchange, overseas remittance payment, domestic and overseas remittances. - Domestic and overseas guarantee issuance (payment guarantee, tax payment guarantee, performance guarantee, bid guarantee, price quotation guarantee, warranty bond, advance payment bond, etc.). - Financial services package for overseas studies; advisory services for monetary-financial investments. - Home-Banking, Mobile-Banking, Internet Banking. - Other services: reimbursement of lost or stolen Thomas Cook's Travelers' Cheques, and those services and facilities that meet customers' needs.
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