Establishment History:
- Military Commercial Joint Stock Bank (MB) was established in 1994 with the initial goal of meeting the financial service needs of Military Enterprises. After more than 16 years of operation, MB has grown stronger and stronger, aiming to become a corporation with parent bank MB (one of the leading joint stock commercial banks in Vietnam) and five subsidiaries operating effectively, gradually affirming themselves as reputable brands in the financial services industry (banking, insurance, securities) and real estate in Vietnam.
- With a charter capital of only 20 billion VND when established, after many capital increases, MB's current charter capital is 7,300 billion VND, MB has a nationwide network with Head Office in Hanoi, 01 Transaction Center, 1 branch in Laos, 138 Branches and transaction points in 24 provinces and cities. cities across the country with more than 3,000 employees.
- MB has strong financial capacity and competitiveness, complies with capital adequacy norms prescribed by the State Bank of Vietnam, and continuously meets the Bank's future expansion needs. MB's total assets are constantly increasing. In terms of total assets and charter capital, MB is one of the large-scale domestic commercial banks reaching VND 109,623 billion as of December 31, 2010.
- With diverse services and products, MB develops strongly and quickly expands its operations into new market segments besides the original traditional market. Over the past 6 years, MB has continuously been ranked A by the State Bank of Vietnam - the highest standard issued by the State Bank of Vietnam and has always received many important domestic awards from prestigious agencies and organizations, etc.
- The listing of MB shares on HOSE on November 1, 2011 is a great event, marking a new development step demonstrating the will and determination of shareholders and also demonstrating the long-term strategic vision of the Board of Directors and MB's leadership, opening up prospects and opportunities for investors. As a listed company, MB enhances transparency, continuously improves business efficiency, and gets closer to the world's best principles and practices on corporate governance.
Business Sectors:
- Banking business according to the regulations of the Governor of the State Bank of Vietnam;
- Providing derivative products according to the provisions of law;
- Insurance agents and other related services according to the provisions of law;
- Trading bonds and other valuable papers according to the provisions of law;
- Buying, selling, processing, and manipulating gold;
- For conditional business lines, banks only do business when they meet the conditions prescribed by law.
Address: No. 21 Cat Linh, Cat Linh ward, Dong Da district, Hanoi city.
Phone: 84-(4) 6266.1088 - Fax: 84-(4) 6266.1080
Disclosure Officer:
Email: [email protected] - [email protected]
Website: https://mbbank.com.vn