EIB Stock Expected to Plummet in 2025
EIB Stock Expected to Plummet in 2025
The Banking Inspection and Supervision Agency (State Bank of Vietnam) stated that a summary of inspection conclusions at Vietnam Export-Import Commercial Joint Stock Bank (Eximbank) revealed ongoing issues and violations, particularly in credit granting activities. These issues stem from subjective errors that have led to bad debts and pose risks to the bank's operations.
This agency confirmed that it had not received any recent decisions from the State Bank of Vietnam regarding inspections of Eximbank's credit-granting activities.
"Eximbank affirms its strict compliance with legal regulations and the guidelines of the State Bank of Vietnam. The bank continues to operate stably, safely, and efficiently, meeting the diverse financial needs of its customers and partners," stated Eximbank.
This is the information Eximbank shared with its customers and shareholders. However, what is reflected on the chart indicates that EIB may adjust its price back to the 12,500 VND range. This suggests potential negative developments at the bank. Let’s wait and see.
The Banking Inspection and Supervision Agency (State Bank of Vietnam) stated that a summary of inspection conclusions at Vietnam Export-Import Commercial Joint Stock Bank (Eximbank) revealed ongoing issues and violations, particularly in credit granting activities. These issues stem from subjective errors that have led to bad debts and pose risks to the bank's operations.
This agency confirmed that it had not received any recent decisions from the State Bank of Vietnam regarding inspections of Eximbank's credit-granting activities.
"Eximbank affirms its strict compliance with legal regulations and the guidelines of the State Bank of Vietnam. The bank continues to operate stably, safely, and efficiently, meeting the diverse financial needs of its customers and partners," stated Eximbank.
This is the information Eximbank shared with its customers and shareholders. However, what is reflected on the chart indicates that EIB may adjust its price back to the 12,500 VND range. This suggests potential negative developments at the bank. Let’s wait and see.
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The RainBow MG3 Indicator identifies trends, reference prices, wave start times, and trend endpoints while sending alerts to your personal Telegram. Join the RainBow MG3 community on Telegram: t.me/rainbowmg3
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