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EVNFinance recorded positive business results

Despite the negative impacts of the Covid-19 epidemic, in 2021, Electricity Joint Stock Finance Company (EVNFinance) still recorded positive business results, reaching more than VND 411 billion in pre-tax profit, an increase of 12%. compared to 2020, exceeding the set plan.

In 2021, EVNFinance was approved by the State Bank of Vietnam and the Securities Commission and completed the payment of 15% dividend to shareholders, increasing its charter capital to 3,047 billion dong. Thus, with this capital increase, the charter capital of EVNFinance is equal to the capital level of commercial banks in Vietnam according to regulations on legal capital for credit institutions.

According to EVNFinance, the increase in charter capital is an affirmation that EVNFinance’s financial capacity has been improved, creating a reputation for domestic and foreign partners and investors. This is an important step in EVNFinance’s journey to conquer the 2021 target, paving the way for further successes.

EVNFinance has also marked an important milestone on its development path with recognition from international organizations. Besides passing the rigorous appraisal process with many comprehensive evaluation categories from Moody’s to receive a separate rating of B2, EVNFinance also received important capital flows from international funds and credit institutions. .

EVNFinance recorded positive business results

After a successful cooperation with the Global Climate Cooperation Fund (GCPF), EVNFinance has received the trust of prestigious fund organizations in the world such as rA, Symbiotics, Proparco… and has mobilized more than 50 million USD from foreign partners. This result shows the strategic vision of the Company’s Board of Directors when orienting internationalization and globalization of business capital, promoting investment in developing internal human resources, and at the same time enhancing financial capacity. and reputation of the company in the domestic and foreign financial markets.

At the end of 2021, EVNFinance was approved by the Ho Chi Minh City Stock Exchange to list securities on the HoSE. The transfer of securities trading from UpCOM to HoSE is an event in the strategic plan of EVNFinance in 2021, which will further facilitate transparency of information to shareholders, investors and customers of EVNFinance.

Regarding the development plan for 2022, EVNFinance affirms that it will continue its transformation strategy to adapt to new contexts and conditions, in parallel with the orientation to become a fintech company with new products applying suitable technologies. meet the needs of customers.

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