MB Bank affirms its position as one of the Big 5 banks in Vietnam, promoting digital transformation, sustainable development and social responsibility

In 2025, the Military Commercial Joint Stock Bank (MB Bank) will continue to stand out among the Big 5 largest banks in Vietnam in terms of operational efficiency and digital transformation. MB is honored to be ranked 5th in the list of 20 banks contributing the largest budget in Vietnam in 2024, reaching over VND 8,625 billion.

Notably, MB Bank was for the first time in the Top 5 banks with the largest budget contributions, ranking 5th in the industry with a contribution of VND 8,625 billion. This is an important milestone, marking MB's strong progress in rising to stand shoulder to shoulder with the traditional Big 4 group, becoming one of the financial institutions with outstanding contributions to the State budget.

This achievement not only reflects outstanding business results but also demonstrates MB Bank's strong commitment to contributing resources to the development of education , healthcare, infrastructure, security - defense and national social programs.

Business results 2025: MB Bank grows steadily and has outstanding efficiency

In the first half of 2025, MB Bank continued to make a strong impression on the financial market with a series of outstanding business indicators. Consolidated pre-tax profit in the first 6 months of the year reached approximately VND 15,900 billion, up 18.3% over the same period, thereby affirming its leading position in the Big 5 group of joint stock commercial banks in Vietnam. MB's total consolidated assets reached VND 1.29 million billion, up 14.2% over the same period, putting the bank in the Top 5 of the industry in terms of asset size.

MB Bank's outstanding credit balance reached VND913,000 billion, recording a stable growth rate of 12.5% and demonstrating a sustainable expansion strategy. Customer deposits increased to VND783,000 billion, up 10% over the same period; in particular, the ratio of non-term deposits (CASA) reached about 38% (equivalent to nearly VND297,000 billion), the highest level in the entire banking system. MB's bad debt ratio is estimated at 1.6%, lower than the market average, demonstrating outstanding efficiency in risk management.

MB Bank's ROE (return on equity) remained at around 21%, among the highest in the industry, demonstrating sustainable financial performance. At the same time, the CIR (cost to income) ratio was well controlled at 27.3%, among the lowest in the market. MB Bank also recorded outstanding growth in the number of digital customers, reaching nearly 33 million people—13 times higher than 5 years ago, thereby consolidating its leading position in the private banking sector in digitalization and expanding customer market share.

MB targets total assets by the end of 2025 to reach nearly 1.37 million billion VND, up 21.2%, pre-tax profit for the year is estimated at 31,712 billion VND. Credit and capital mobilization plans increase by over 23% each. Expected dividend payout of up to 35% (32% in shares & 3% in cash).

MB Bank and partners at the Vietnam - Korea Economic Forum 2025.

Market leader in comprehensive digital transformation

MB Bank identifies digital transformation as a driving force for continuous growth. In 2025, the bank will strongly develop 3 platforms: MBBank App (personal), BIZ MBBank (enterprise) and Banking-as-a-Service (BAAS) - with a total of 1,210 connecting APIs, 783 BAAS partners and a mini-app ecosystem, contributing to creating a "one-touch" financial experience - fast, convenient and transparent. In particular, BIZ MBBank - an impressive digital platform for businesses was honored in three categories at the Sao Khue 2025 awards for applying AI, Big Data, DocAI technology and process automation, helping to shorten credit processing time by up to 75%.

MB has planned to increase its capital from VND61,000 billion to nearly VND81,370 billion by 2025, in addition to investing over USD100 million/year in technology, data and digital transformation with a team of 2,500 technology personnel. One of the achievements is that MB has successfully provided an integrated IT core system for hospitals - the beginning of a strategy to penetrate the healthcare ecosystem.

In addition, MB is currently the market leader in terms of transaction volume on digital channels and the rate of digital customers and is the first bank in Vietnam to digitize the entire corporate credit process, shortening loan processing time to 48 hours; no collateral or paper required, increasing accessibility for all businesses. Revenue from MB Bank's digital channels is extremely impressive, accounting for 38% of total revenue in the first 6 months of 2025, expected to reach 40% by the end of 2025.

MB is currently the market leader in terms of transaction volume on digital channels and digital customer ratio and is the first bank in Vietnam to digitize the entire corporate credit process, shortening loan processing time to 48 hours.

ESG Strategy - MB's Sustainable Development

MB is steadfast in its ESG strategy with specific actions such as: Committing a budget of VND 65,000 billion for ESG activities by 2030, aiming for Net Zero; sharply increasing the proportion of green credit (10% in 2025, target of 15% in 2026), investing in renewable energy, clean energy and green financial products; managing ESG risks according to international standards, managing asset and climate risks.

MB also widely deployed charity activities - more than 1,370 billion VND for social security, community support, building schools, hospitals, charity houses, "greening Vietnam", especially the "HiGreen Truong Sa" program launched by MB Bank in coordination with the Navy with the goal of planting one million trees in Truong Sa island district, Khanh Hoa province, Vietnam.

With its efforts and achievements, MB Bank aims to have 34-35 million customers by 2025, increasing to 40 million by 2029, continuing to lead in scale, financial efficiency and digital platform among the Big 5 largest banks in Vietnam.

MB launched a program to plant 1 million trees for Truong Sa.

Source: https://baoquocte.vn/mb-bank-khang-dinh-vi-the-big-5-ngan-hang-viet-nam-thuc-day-chuyen-doi-so-phat-trien-ben-vung-va-trach-nhiem-xa-hoi-324792.html