At the 2015 AGM last week's Eximbank (coded EIB), many shareholders have questioned whether the Real Estate EXIM (Eximland) is a large factor causing losses in quarter 4/2014 and influence profit of Eximbank in 2014 but has yet to get the final answer.
Earlier, at the AGM of Eximland about 2 months ago, the Board of Directors the company said that one of the causes affecting not reached 2014 plan from the Eximbank did not schedule the property transaction between two parties.
in particular, in 2014, Eximbank surprise with profits after tax of only modest at 56 billion, or 8% net profit of 2013. And all this unexpected consolidated in the last quarter of the year end with the terrible losses of nearly 680 billion. Cause terrible loss for quarter 4/2014 Eximbank in addition to the provision for credit losses nearly 590 billion not to mention other expenses rose to 344 billion abnormalities (causing loss from Eximbank income before provisioning 290 billion). Meanwhile, Eximbank has no specific explanations about other huge expenses this.
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