Information about the Company
Military Commercial Joint Stock Bank (MBBank) implements the activities of a commercial bank in accordance with provisions of Laws and the State Bank of Vietnam.
After 30 years of establishment, MBBank has evolved itself to become a versatile financial behemoth with MBBank's parent bank in Vietnam and abroad (Laos, Cambodia), and its subsidiaries (in the fields of securities, insurance, consumer finance, fund management, asset management, life insurance).
MBBank’s vision is to become a leading digital corporation and financial group while its mission is to operate for the development of the country, for the interests of customers. Its six core values are Unity - Discipline - Dedication - Efficiency - Reliability - Performance driven.
With effective operations, MBBank has cemented its position in the financial industry in Vietnam. MBBank has diversified service and product activities based on outstanding risk management, modern IT infrastructure, and strong expansion of new market segments in addition to traditional markets of a commercial bank.
Corporate Culture & Company Activities
MBBank's progressive vision of evolving into a digital and financial leader is anchored in its commitment to sustainable development and strong sense of corporate social responsibility. In 2023, MBBank has earned prestigious recognition as one of Vietnam's Top 3 Best Places to Work in the banking sector and among large corporations. Additionally, the bank has also been ranked among the 50 Most Attractive Employer Brands for Vietnamese students in 2023, showcasing its appeal to the future workforce.
The bank's policies aim to boost employee engagement and performance, incorporating elements like long-service awards, performance-linked bonuses, and support for sports and childcare initiatives.
A pioneering effort by MB is the An Thinh voluntary retirement plan, designed to secure a comfortable retirement for its staff. Extending beyond direct compensation, MB also invests in the wellbeing of employees' families, fostering a strong sense of community. This is reflected in family-oriented initiatives, including health support and gift-giving programmes.
MB's strategy prominently features employee engagement in social responsibility projects, notably through the HiGreen – Green Dawn Marathon. This initiative, backed by MB, highlights the bank's dedication to promoting sustainable living and environmental awareness.
In addition, MBBank's digital charitable social application (App Thiện Nguyện) has won many prestigious awards. This app was officially released in September 2021 and quickly received widespread support as the unit assigned by the government to research digital transformation solutions and build and develop a digital humanitarian platform to promote transparency and community cohesion. By December 12th 2023, this charitable social application has attraction has attracted over 1 million users, offering charitable services for nearly 1200 organisations and individuals, launching over 3200 campaigns and successfully raising more than VND 430 billion.
Military Commercial Joint Stock Bank (MBBank) implements the activities of a commercial bank in accordance with provisions of Laws and the State Bank of Vietnam.
After 30 years of establishment, MBBank has evolved itself to become a versatile financial behemoth with MBBank's parent bank in Vietnam and abroad (Laos, Cambodia), and its subsidiaries (in the fields of securities, insurance, consumer finance, fund management, asset management, life insurance).
MBBank’s vision is to become a leading digital corporation and financial group while its mission is to operate for the development of the country, for the interests of customers. Its six core values are Unity - Discipline - Dedication - Efficiency - Reliability - Performance driven.
With effective operations, MBBank has cemented its position in the financial industry in Vietnam. MBBank has diversified service and product activities based on outstanding risk management, modern IT infrastructure, and strong expansion of new market segments in addition to traditional markets of a commercial bank.
Corporate Culture & Company Activities
MBBank's progressive vision of evolving into a digital and financial leader is anchored in its commitment to sustainable development and strong sense of corporate social responsibility. In 2023, MBBank has earned prestigious recognition as one of Vietnam's Top 3 Best Places to Work in the banking sector and among large corporations. Additionally, the bank has also been ranked among the 50 Most Attractive Employer Brands for Vietnamese students in 2023, showcasing its appeal to the future workforce.
The bank's policies aim to boost employee engagement and performance, incorporating elements like long-service awards, performance-linked bonuses, and support for sports and childcare initiatives.
A pioneering effort by MB is the An Thinh voluntary retirement plan, designed to secure a comfortable retirement for its staff. Extending beyond direct compensation, MB also invests in the wellbeing of employees' families, fostering a strong sense of community. This is reflected in family-oriented initiatives, including health support and gift-giving programmes.
MB's strategy prominently features employee engagement in social responsibility projects, notably through the HiGreen – Green Dawn Marathon. This initiative, backed by MB, highlights the bank's dedication to promoting sustainable living and environmental awareness.
In addition, MBBank's digital charitable social application (App Thiện Nguyện) has won many prestigious awards. This app was officially released in September 2021 and quickly received widespread support as the unit assigned by the government to research digital transformation solutions and build and develop a digital humanitarian platform to promote transparency and community cohesion. By December 12th 2023, this charitable social application has attraction has attracted over 1 million users, offering charitable services for nearly 1200 organisations and individuals, launching over 3200 campaigns and successfully raising more than VND 430 billion.
Innovation
Modernization
Sustainability
Achievements and Impact
MBBank has shown a robust performance for Q3 2023, maintaining a positive growth trajectory. MBBank’s consolidated pre-tax profit topped $843.88 million in the first three quarters of 2023, a 10 per cent increase on-year.
The bank’s networks have expanded to one office headquarters, 306 domestic transaction locations, one branch in Laos, one representative office in Russia and a commercial bank in Cambodia (MBCambodia). Currently, its number of employees has reached 16,134.
In 2023, MBBank continues to received ‘Corporate Excellence Award’ as part of Asia Pacific Enterprise Awards (APEA). With its commitment to digital transformation, the bank has been honoured at Vietnam Digital Awards 2023 with four awarded solutions. In addition, MBBank has maintained its presence among the three largest market capitalisation companies and remained investor favourite for its exceptional IR practices.
Future Direction
Looking toward the future, MBBank will be focusing on effective, timely, and complete implementation of its 2022-2026 strategy.
As it approaches its 30th anniversary in 2024, MB has set an ambitious target to attract 30 million customers, building on a strong base of nearly four million new clients added in the first nine months of 2023. This growth strategy aligns with MB's broader vision to transcend traditional banking.
MBBank has affirmed its unwavering dedication to digital advance. Over the next four years, MBBank expects its digital platforms to generate approximately half of the bank’s total revenue. This strategic direction is crucial to MBBank's aspiration of emerging as a pre-eminent digital corporation and financial conglomerate, consistent with its strategic objectives set for 2022-2026.
2021 – 2023: As one of the banks meeting Basel 2 standards, MBBank applies an array of new working methods and thinking such as Agility, Scrum, DevOps, and Design Thinking; the bank
MBBank has shown a robust performance for Q3 2023, maintaining a positive growth trajectory. MBBank’s consolidated pre-tax profit topped $843.88 million in the first three quarters of 2023, a 10 per cent increase on-year.
The bank’s networks have expanded to one office headquarters, 306 domestic transaction locations, one branch in Laos, one representative office in Russia and a commercial bank in Cambodia (MBCambodia). Currently, its number of employees has reached 16,134.
In 2023, MBBank continues to received ‘Corporate Excellence Award’ as part of Asia Pacific Enterprise Awards (APEA). With its commitment to digital transformation, the bank has been honoured at Vietnam Digital Awards 2023 with four awarded solutions. In addition, MBBank has maintained its presence among the three largest market capitalisation companies and remained investor favourite for its exceptional IR practices.
Future Direction
Looking toward the future, MBBank will be focusing on effective, timely, and complete implementation of its 2022-2026 strategy.
As it approaches its 30th anniversary in 2024, MB has set an ambitious target to attract 30 million customers, building on a strong base of nearly four million new clients added in the first nine months of 2023. This growth strategy aligns with MB's broader vision to transcend traditional banking.
MBBank has affirmed its unwavering dedication to digital advance. Over the next four years, MBBank expects its digital platforms to generate approximately half of the bank’s total revenue. This strategic direction is crucial to MBBank's aspiration of emerging as a pre-eminent digital corporation and financial conglomerate, consistent with its strategic objectives set for 2022-2026.
2021 – 2023: As one of the banks meeting Basel 2 standards, MBBank applies an array of new working methods and thinking such as Agility, Scrum, DevOps, and Design Thinking; the bank
CORPORATE EXCELLENCE CATEGORY
Military Commercial Joint Stock Bank
Information about the Company
Military Commercial Joint Stock Bank (MBBank) implements the activities of a commercial bank in accordance with provisions of Laws and the State Bank of Vietnam.
After 30 years of establishment, MBBank has evolved itself to become a versatile financial behemoth with MBBank's parent bank in Vietnam and abroad (Laos, Cambodia), and its subsidiaries (in the fields of securities, insurance, consumer finance, fund management, asset management, life insurance).
MBBank’s vision is to become a leading digital corporation and financial group while its mission is to operate for the development of the country, for the interests of customers. Its six core values are Unity - Discipline - Dedication - Efficiency - Reliability - Performance driven.
With effective operations, MBBank has cemented its position in the financial industry in Vietnam. MBBank has diversified service and product activities based on outstanding risk management, modern IT infrastructure, and strong expansion of new market segments in addition to traditional markets of a commercial bank.
Corporate Culture & Company Activities
MBBank's progressive vision of evolving into a digital and financial leader is anchored in its commitment to sustainable development and strong sense of corporate social responsibility. In 2023, MBBank has earned prestigious recognition as one of Vietnam's Top 3 Best Places to Work in the banking sector and among large corporations. Additionally, the bank has also been ranked among the 50 Most Attractive Employer Brands for Vietnamese students in 2023, showcasing its appeal to the future workforce.
The bank's policies aim to boost employee engagement and performance, incorporating elements like long-service awards, performance-linked bonuses, and support for sports and childcare initiatives.
A pioneering effort by MB is the An Thinh voluntary retirement plan, designed to secure a comfortable retirement for its staff. Extending beyond direct compensation, MB also invests in the wellbeing of employees' families, fostering a strong sense of community. This is reflected in family-oriented initiatives, including health support and gift-giving programmes.
MB's strategy prominently features employee engagement in social responsibility projects, notably through the HiGreen – Green Dawn Marathon. This initiative, backed by MB, highlights the bank's dedication to promoting sustainable living and environmental awareness.
In addition, MBBank's digital charitable social application (App Thiện Nguyện) has won many prestigious awards. This app was officially released in September 2021 and quickly received widespread support as the unit assigned by the government to research digital transformation solutions and build and develop a digital humanitarian platform to promote transparency and community cohesion. By December 12th 2023, this charitable social application has attraction has attracted over 1 million users, offering charitable services for nearly 1200 organisations and individuals, launching over 3200 campaigns and successfully raising more than VND 430 billion.
Military Commercial Joint Stock Bank (MBBank) implements the activities of a commercial bank in accordance with provisions of Laws and the State Bank of Vietnam.
After 30 years of establishment, MBBank has evolved itself to become a versatile financial behemoth with MBBank's parent bank in Vietnam and abroad (Laos, Cambodia), and its subsidiaries (in the fields of securities, insurance, consumer finance, fund management, asset management, life insurance).
MBBank’s vision is to become a leading digital corporation and financial group while its mission is to operate for the development of the country, for the interests of customers. Its six core values are Unity - Discipline - Dedication - Efficiency - Reliability - Performance driven.
With effective operations, MBBank has cemented its position in the financial industry in Vietnam. MBBank has diversified service and product activities based on outstanding risk management, modern IT infrastructure, and strong expansion of new market segments in addition to traditional markets of a commercial bank.
Corporate Culture & Company Activities
MBBank's progressive vision of evolving into a digital and financial leader is anchored in its commitment to sustainable development and strong sense of corporate social responsibility. In 2023, MBBank has earned prestigious recognition as one of Vietnam's Top 3 Best Places to Work in the banking sector and among large corporations. Additionally, the bank has also been ranked among the 50 Most Attractive Employer Brands for Vietnamese students in 2023, showcasing its appeal to the future workforce.
The bank's policies aim to boost employee engagement and performance, incorporating elements like long-service awards, performance-linked bonuses, and support for sports and childcare initiatives.
A pioneering effort by MB is the An Thinh voluntary retirement plan, designed to secure a comfortable retirement for its staff. Extending beyond direct compensation, MB also invests in the wellbeing of employees' families, fostering a strong sense of community. This is reflected in family-oriented initiatives, including health support and gift-giving programmes.
MB's strategy prominently features employee engagement in social responsibility projects, notably through the HiGreen – Green Dawn Marathon. This initiative, backed by MB, highlights the bank's dedication to promoting sustainable living and environmental awareness.
In addition, MBBank's digital charitable social application (App Thiện Nguyện) has won many prestigious awards. This app was officially released in September 2021 and quickly received widespread support as the unit assigned by the government to research digital transformation solutions and build and develop a digital humanitarian platform to promote transparency and community cohesion. By December 12th 2023, this charitable social application has attraction has attracted over 1 million users, offering charitable services for nearly 1200 organisations and individuals, launching over 3200 campaigns and successfully raising more than VND 430 billion.
Innovation
Modernization
Sustainability
Achievements and Impact
MBBank has shown a robust performance for Q3 2023, maintaining a positive growth trajectory. MBBank’s consolidated pre-tax profit topped $843.88 million in the first three quarters of 2023, a 10 per cent increase on-year.
The bank’s networks have expanded to one office headquarters, 306 domestic transaction locations, one branch in Laos, one representative office in Russia and a commercial bank in Cambodia (MBCambodia). Currently, its number of employees has reached 16,134.
In 2023, MBBank continues to received ‘Corporate Excellence Award’ as part of Asia Pacific Enterprise Awards (APEA). With its commitment to digital transformation, the bank has been honoured at Vietnam Digital Awards 2023 with four awarded solutions. In addition, MBBank has maintained its presence among the three largest market capitalisation companies and remained investor favourite for its exceptional IR practices.
Future Direction
Looking toward the future, MBBank will be focusing on effective, timely, and complete implementation of its 2022-2026 strategy.
As it approaches its 30th anniversary in 2024, MB has set an ambitious target to attract 30 million customers, building on a strong base of nearly four million new clients added in the first nine months of 2023. This growth strategy aligns with MB's broader vision to transcend traditional banking.
MBBank has affirmed its unwavering dedication to digital advance. Over the next four years, MBBank expects its digital platforms to generate approximately half of the bank’s total revenue. This strategic direction is crucial to MBBank's aspiration of emerging as a pre-eminent digital corporation and financial conglomerate, consistent with its strategic objectives set for 2022-2026.
2021 – 2023: As one of the banks meeting Basel 2 standards, MBBank applies an array of new working methods and thinking such as Agility, Scrum, DevOps, and Design Thinking; the bank
MBBank has shown a robust performance for Q3 2023, maintaining a positive growth trajectory. MBBank’s consolidated pre-tax profit topped $843.88 million in the first three quarters of 2023, a 10 per cent increase on-year.
The bank’s networks have expanded to one office headquarters, 306 domestic transaction locations, one branch in Laos, one representative office in Russia and a commercial bank in Cambodia (MBCambodia). Currently, its number of employees has reached 16,134.
In 2023, MBBank continues to received ‘Corporate Excellence Award’ as part of Asia Pacific Enterprise Awards (APEA). With its commitment to digital transformation, the bank has been honoured at Vietnam Digital Awards 2023 with four awarded solutions. In addition, MBBank has maintained its presence among the three largest market capitalisation companies and remained investor favourite for its exceptional IR practices.
Future Direction
Looking toward the future, MBBank will be focusing on effective, timely, and complete implementation of its 2022-2026 strategy.
As it approaches its 30th anniversary in 2024, MB has set an ambitious target to attract 30 million customers, building on a strong base of nearly four million new clients added in the first nine months of 2023. This growth strategy aligns with MB's broader vision to transcend traditional banking.
MBBank has affirmed its unwavering dedication to digital advance. Over the next four years, MBBank expects its digital platforms to generate approximately half of the bank’s total revenue. This strategic direction is crucial to MBBank's aspiration of emerging as a pre-eminent digital corporation and financial conglomerate, consistent with its strategic objectives set for 2022-2026.
2021 – 2023: As one of the banks meeting Basel 2 standards, MBBank applies an array of new working methods and thinking such as Agility, Scrum, DevOps, and Design Thinking; the bank