Do Ha Phuong, the female chairman of the EIB, sold "hands-on" more than 34 million shares.

DNHN - More than 34 million shares of Vietnam Export Commercial Joint Stock Bank (Eximbank, HOSE: EIB) were recently traded on the stock exchange for a total value of nearly 730 billion dong.

Consequently, nearly 38.7 million EIB shares were traded today with a total value of nearly 816 billion dongs, of which more than 34 million shares were put through agreement with a total value of nearly 730 billion dongs, equivalent to nearly 730 billion dongs.

EIB shares have experienced four consecutive declines since the beginning of the week (July 3-7), reaching a price of 20,250 dongs per share only at the end of the week (07/07).

EIB is also a stock that regularly experiences substantial put-through activity. Since the beginning of June, nearly 183 million EIB shares with a total value of over 3,831 billion dongs have changed hands, equating to an average price of 20,937 dongs per share.

Certain sessions, such as July 3 (nearly 16 million shares) and June 22 (more than 13 million shares), saw a substantial number of put-through transactions. The remaining sessions fluctuated between 5 and 9 million shares per session on average.

Agreement-traded EIB shares are no longer uncommon on the stock market. According to rumors, the recent transactions of this stock revolve around the Bank's ongoing efforts to replace the Chairman of the Board of Directors.

The appointment of Ms. Do Ha Phuong to the position of Chairman of the Board of Directors of Eximbank to replace Ms. Luong Thi Cam Tu, who was terminated, was announced on June 28. The news stirred up disputes at the Bank that had appeared to have subsided.

Soon after, the news that shareholder groups demanded the dismissal of the new chairman after only one day, public opinion became increasingly disturbed.

Mrs. Do Ha Phuong was born in 1984 and has worked in the field of finance and banking for over 15 years. She has been a member of Eximbank's Board of Directors since February 2022 and has made significant contributions to the bank's stability and growth in recent years.

Does Ha Phuong have a Master of Finance degree from the University of Westminster (UK) and a Bachelor of Accountancy degree from George Mason University (USA)? She has held numerous executive and senior management positions at domestic and international credit institutions.

Eximbank aims for total assets of VND 210,000 billion in 2023, an increase of 13.5%; pre-tax profit of VND 5,000 billion, an increase of 35% compared to 2022. Eximbank reported a pre-tax profit of nearly 871 billion dongs for the first quarter of 2023, an 8% increase over the same period.

Although it is not Eximbank's highest quarterly profit, compared to the performance results of the first quarter from 2012 to the present, the profit of the first quarter of 2023 is the highest quarterly profit figure.

Eximbank's total assets reached over VND 183,800 billion as of March 31, 2023, a decrease of 0.6% from the beginning of the year. In this period, customer loans decreased by 0.3% to 130,074 billion VND, while provision for customer loans rose by 7%.

Notably, Eximbank has announced that July 18 will be the ex-rights date for the September 18 Extraordinary General Meeting of Shareholders. This meeting was held to elect additional Board of Directors members for term VII (2020-2025) and to discuss other related matters.

Vy Vy Tran