Eximbank shareholders approve board expansion and foreign ownership changes
The bank removed its charter’s 6 per cent aggregate foreign ownership cap and will apply the ceiling allowed by law.
Shareholders of Vietnam Export Import Commercial Joint Stock Bank (Eximbank) approved an additional board seat and changes to foreign shareholding rules at an extraordinary general meeting on October 14. The decisions form part of the bank’s 2026–2030 Development Strategy.
Chief executive Pham Thi Huyen Trang was elected to the board for its eighth term, covering 2025–2030, taking membership from six directors to seven. The State Bank of Vietnam had approved her proposed appointment in July 2026.
The ownership amendments remove a charter provision that capped aggregate foreign holdings at 6 per cent of charter capital. Eximbank will instead use the legal maximum. The bank said the change would broaden its opportunities to engage international investors with financial resources, governance experience and a long-term investment outlook.
Eximbank said its governance framework seeks an independent, professional model that meets Vietnamese legal requirements and draws on international practices. Board chairman Nguyen Le Quoc Anh said the expansion was intended to build leadership expertise and independence, rather than simply increase the number of directors.
