S&P revises Vietnam Eximbank view to stable

S&P said it revised to stable from negative its outlook on Vietnam Export Import CJSB (Eximbank) and affirmed the B+ long-term and B short-term issuer credit ratings on the bank.

“We revised the outlook to reflect our view that the resilience of Eximbank's financial profile has improved on the back of a solid rebound in profitability in 2016 and 2017, and the expected benefit from the restructuring of its business and risk management,” S&P said in a news release.

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