BIZ MBBank scores 'hattrick' at Sao Khue 2025 thanks to innovation

The BIZ MBBank platform of the Military Commercial Joint Stock Bank (MB) – a digital bank exclusively for businesses – has won three award categories at the same time.

The Military Commercial Joint Stock Bank (MB) continues to affirm its pioneering position in the field of digital banking when it was honored for the 7th consecutive time at the Sao Khue Awards - the leading prestigious award in the information technology and digital transformation industry. In particular, the BIZ MBBank platform - a digital bank exclusively for businesses - has won 3 award categories at the same time, marking a breakthrough in the comprehensive digitalization strategy and accompanying the development of the Vietnamese business community.

MB excelled in winning three award categories at the same time

Digitizing the entire credit process – Faster, more transparent, smarter

BIZ MBBank is not simply a digital banking application but a financial platform that integrates AI technology, Big Data and process automation to create a smart and convenient “one-touch” experience. MB is the first bank in Vietnam to digitize the entire corporate credit product process, from limit approval, disbursement, to issuance of import letters of credit (L/C) - 10 times faster than the traditional way.

The entire process is handled online, transparently, without the need for paper documents, and still ensures strict legal compliance. MB also shortens the loan processing time to just 48 hours, with the condition that no collateral, no need to go to the bank, no need for hard copies. This is an important step forward in giving equitable financial access to small and micro enterprises.

MB representative received Sao Khue award for 5-star nomination category

Data-Driven Credit Scoring – Expanding Access to Capital

The big difference of MB is that instead of relying on collateral, the bank uses a credit scoring model based on real data such as cash flow, transactions, tax records, electronic invoices, etc. Combined with AI models designed specifically for Vietnamese businesses, this method helps to assess risks more accurately and flexibly.

Millions of small and micro enterprises – who previously had difficulty accessing bank capital – now have easier and faster access to finance, contributing to promoting financial equality and supporting the sustainable development of the business ecosystem.

Leading the digitalization of trade finance – Pioneering online L/C

MB is the first bank in Vietnam to fully digitize the import letter of credit (L/C) process – from consulting to issuance – right on the BIZ MBBank platform. In particular, MB has applied DocAI technology – document processing using artificial intelligence – to the document checking stage, helping to shorten processing time by up to 75%, while increasing accuracy and reducing operating costs for businesses.

In a field that requires high precision like trade finance, this move shows a thorough investment in technology and a commitment to improving the experience for corporate customers.

Open platform, deeply integrated into business operations

Not stopping at financial services, MB built BIZ MBBank as an open platform, directly connecting to business software such as accounting, electronic invoices, sales management software... Thanks to that, businesses can track cash flow, manage accounts, and register for loans right on the familiar operating ecosystem without having to switch applications or processes.

The fact that BIZ MBBank was honored at Sao Khue 2025 is a clear demonstration of its innovation capacity and extensive digital transformation strategy. MB is not only digitizing the bank, but is also becoming a technology partner accompanying businesses - providing a solid foundation for development, enhancing competitiveness and reaching international standards.

Thuy Linh

Source: https://congthuong.vn/biz-mbbank-lap-hattrick-tai-sao-khue-2025-nho-doi-moi-384009.html