Eximbank offers $650,000 compensation in advance to swindled customer

12:11 | 28/02/2018
After a meeting with Eximbank, Chu Thi Binh, who lost VND245 billion ($10.8 million), will check the arrangement carefully before receiving VND14.8 billion ($0.65 million) of advance compensation from Eximbank.
eximbank offers 650000 compensation in advance to swindled customer

Chu Thi Binh, who lost VND245 billion ($10.8 million) at Eximbank, has met the bank’s Board of Management to find a solution. Eximbank agreed to pay VND14.8 billion ($0.65 million). The remaining amount will be paid after the court trial.

At first, Binh did not agree to Eximbank’s proposal, as she wanted all of her money returned, including the original amount and interest. Finally, she agreed to check the arrangement carefully before making her decision.

Eximbank said that the advance payment expresses the bank's responsibility for the client, while waiting for the court.

Earlier in 2013, Binh opened three savings accounts with the total original amount of VND301 billion ($13.26 million), including VND247 billion ($10.9 million) in the first account, VND49 billion ($2.16 million) in the second account, and VND5.4 billion ($0.24 million) in the third account.

In February 2017, upon the maturity date of the VND49 billion savings account, she contacted the bank to withdraw the money, but Eximbank said that her money has disappeared from the system. She checked all the saving accounts and Eximbank informed her that VND245 billion ($10.8 million) has disappeared.

Subsequent investigation revealed that Le Nguyen Hung, former deputy director of an Eximbank branch in Ho Chi Minh City forged documents to withdraw money from her saving accounts and left the country.

eximbank offers 650000 compensation in advance to swindled customer Central Bank orders vigilance after Eximbank VIP loses big money

The latest case of an Eximbank customer losing her massive savings has prompted the central bank to circulate a document requesting credit institutions to follow ...

eximbank offers 650000 compensation in advance to swindled customer Eximbank capitalisation shrinks by $22 million in a single day

After a branch leader embezzled funds from a client’s account, the EIB ticker of Eximbank decreased to VND15,800, despite the sharp increase of banking stocks.

eximbank offers 650000 compensation in advance to swindled customer Eximbank gives up key position in Sacombank

Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank–STB) has just announced that Vietnam Export Import Bank (Eximbank–EIB) is no longer a key shareholder of the ...

eximbank offers 650000 compensation in advance to swindled customer Sabeco to divest from Eximbank

The Saigon Beer Alcohol Beverage JSC will unload all its 5.73 million shares in the Viet Nam Export-Import Commercial Joint Stock Bank, or Eximbank.

By Nguyen Huong

Latest News ⁄ Coverage

Based on MasterCMS Ultimate Edition Ver 2.8 2018