Brokerage sells Eximbank shares to 3.93%

HA NOI (VNS)- ACB Securities Company announced it had sold more than 9.7 million Eximbank (EIB) shares to reduce its ownership in the bank to 3.93 per cent on November 6.

Meanwhile, Asia Commercial Bank (ACB) - the parent bank of the brokerage - is holding more than 12.8 million EIB shares. The combined ownership of ACB Securities and its subsidiary in Eximbank are currently 61.4 million units, or 4.97 per cent of the bank's charter capital.

Eximbank's Q3 profit dropped 45 per cent to VND561.3 billion US$27 million over the same period last year. Meanwhile, it is rumoured in a merger with Sacombank (STB).— VNS

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