EIB: Setting up a subsidiary

Vietnam Export Import Commercial Joint Stock Bank has informed of setting up a subsidiary as follows:

* Company name: Eximbank Asset Management Company

* Short name: Eximbank AMC

* Address: 169-171 Calmette, Nguyen Thai Binh Ward, Dist.1.

* Business: Processing debts in Eximbank (Asset-backed debts, non asset-backed debts), loan-backed assets; Selling loan-backed assets through the public or a asset auction center; restructuring debts: time extension, interest reduction, additional investment, transferring to capital contribution; Processing loan-backed assets appropriately; Trading debts of other credit institutions as stipulated…

* Chartered capital: VND300 billion

* Owner: Vietnam Export Import Commercial Joint Stock Bank

* Legal representative: Mr Pham Trung Cang – Chairman of the Member Board.

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