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MB receives the Third Class Labor Medal. |
Also attending the Conference were Lieutenant General Vu Hai San - Member of the Central Committee of the Communist Party of Vietnam, Member of the Central Military Commission, Deputy Minister of National Defense ; Lieutenant General Nguyen Quang Ngoc - Member of the Central Committee of the Communist Party of Vietnam, Member of the Central Military Commission, Deputy Minister of National Defense; leaders and former leaders of the Ministry of National Defense, and heads and former heads of agencies and units under the Ministry of National Defense.
Representing the State Bank of Vietnam (SBV) were Comrade Pham Quang Dung – Member of the Standing Committee of the Party Committee, Deputy Governor of the SBV, and other leaders from various departments, bureaus, and units under the SBV.
Reporting at the Conference, Major General Luu Trung Thai, Secretary of the Party Committee and Chairman of the Board of Directors of MB, stated that in 2025, despite facing many challenges, MB had strived to successfully complete the targets set by the General Meeting of Shareholders, recording positive growth in terms of scale, efficiency, and asset quality.
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Major General Luu Trung Thai, Secretary of the Party Committee and Chairman of the Board of Directors of MB, reported at the Conference. |
Accordingly, MB's total assets reached VND 1.6 trillion, a 35% increase compared to 2024. Pre-tax profit for the entire group reached over VND 34.2 trillion, an 18.7% increase compared to last year. Outstanding loans exceeded VND 1 trillion, a 35% increase – demonstrating MB's role in meeting the development needs of the economy , supporting businesses, individuals, and key projects, and contributing to the smooth operation of the financial and banking market. Efficiency and safety indicators remained stable. The non-performing loan ratio was controlled at below 1.3%, achieving the set target.
Notably, according to the MB Brand Valuation Measurement Results 2025 published by Brand Finance on January 15th, the MB brand has surpassed the $2 billion mark, ranking among the top 3 banks and top 10 most valuable brands nationwide, a five-fold increase compared to five years ago. Last year, MB contributed over 10 trillion VND to the state budget, a 16% increase compared to the previous year, forming the five largest pillars of the industry in contributing to the state budget.
Congratulating and acknowledging the significant achievements of MB's staff, General Phan Van Giang - Member of the Politburo, Deputy Secretary of the Central Military Commission, Minister of National Defense, shared: “MB has successfully carried out military and national defense tasks in accordance with the direction of the Central Military Commission and the Ministry of National Defense, not only maintaining effective production and business operations, ensuring safety and sustainability, but also preserving and promoting the noble image of "Uncle Ho's soldiers" in the new era; at the same time affirming its high position and prestige, standing firm in the market mechanism and making strong and steady progress, becoming one of the leading commercial banks in the banking industry nationwide.”
The Minister of National Defense also expressed confidence that, with its inherent strength and foundation built over more than 30 years of striving and growth, MB will continue to develop sustainably, achieve even more accomplishments, and live up to its reputation as a Heroic Labor Unit of the đổi mới (renovation) period.
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General Phan Van Giang – Member of the Political Bureau, Deputy Secretary of the Central Military Commission, Minister of National Defense – delivered a speech at the Conference. |
In his response, Colonel Pham Nhu Anh, Deputy Secretary of the Party Committee and General Director of MB, stated that MB seriously accepts all the directives from the Minister of National Defense, and affirmed that the bank will continue to promote digital transformation associated with modern risk management, improve the quality of human resources, and make positive contributions to the socio-economic development of the country.
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Colonel Pham Nhu Anh - Deputy Secretary of the Party Committee, General Director of MB, delivered a response speech. |
MB is honored to receive the Third Class Labor Medal.
In recognition of MB's outstanding achievements in the nationwide emulation movement to build new rural areas during the 2021-2025 period, the President of the Socialist Republic of Vietnam has decided to award MB the Third-Class Labor Medal.
At the conference, MB was honored to receive the Third-Class Labor Medal awarded by the Party and the State. This is a well-deserved recognition of the efforts, determination, and outstanding achievements that the MB team has achieved in recent years; and it also serves as motivation for the entire MB group to continue innovating, creating, and conquering even more achievements in the future.
Also at the conference, Major General Luu Trung Thai - Secretary of the Party Committee and Chairman of the Board of Directors of MB - was honored with the Third Class Order of National Defense for his outstanding achievements in training, combat readiness, building the People's Army, strengthening national defense, and contributing to building socialism and protecting the Fatherland.
Established in 1994, starting with a charter capital of 20 billion VND and 25 initial employees, MB has now risen to become one of the top 5 banks in the market (Big 5). In 2019, MB joined the club of businesses achieving 10,000 billion VND in profit. Just six years later, by 2025, MB's profit exceeded 34.2 trillion VND, three times higher than in 2019. A significant milestone in 2024 is MB officially joining the group of 5 banks with total assets exceeding 1 trillion VND, and in 2025, total assets are expected to reach 1.6 trillion VND.
MB has been building a comprehensive digital financial ecosystem comprising eight member companies operating effectively in various fields: Banking (MBCambodia, MBV), MBCapital, securities (MBS), investment fund management (MBCapital), insurance (MIC), life insurance (MB Life), debt management and asset recovery (MBAMC), and consumer finance (Mcredit). Each member company is a crucial piece, helping MB build a closed financial value chain.
In 2025, member companies' profits are projected to grow by 61%, with MBCapital increasing its assets under management by 67%, Mcredit achieving top 3 market share in credit, MB's Bancas and MBLife ranking top 1 and top 2 respectively, MBS reaching top 7 in brokerage market share, and MIC ranking in top 4 in non-life insurance market share.
MB is also a bank that has undergone strong digital transformation, comprehensively achieving its goals in science, technology, and digital transformation. Belonging to the Big 5 in Vietnam, MB has achieved many accomplishments that affirm its number one position in the market in the field of digital transformation, such as: MB operates two large digital platforms, BIZ MBBank, serving over 258,000 businesses, and the MBBank App, serving the largest number of users in Vietnam – reaching 35 million people. With a standard-level investment in information technology and a strategy to attract customers within a diverse digital ecosystem, MB has maintained sustainable customer growth year after year. The number of MB customers increased 13 times in just 5 years, the clearest evidence of the dynamism stemming from MB's digital strategy.
MB is one of the banks with the largest digital transaction volume in the market, with over 99% of transactions conducted through digital channels, totaling more than 12.4 billion transactions annually. This reflects the stable, smooth, and efficient operation of MB's digital banking system. Revenue from digital channels accounts for 50% of the system's total revenue.
Sharing his vision for 2026, Major General Luu Trung Thai, Secretary of the Party Committee and Chairman of the Board of Directors, stated: “In 2026, MB aims to increase total assets by 22% and credit by 25%. In addition, MB will focus on mobilizing low-cost and sustainable capital, maintaining good efficiency and safety indicators, and ensuring a non-performing loan coverage ratio of over 100%.”
Source: https://thoibaonganhang.vn/mb-dong-gop-hon-10-nghin-ty-dong-cho-ngan-sach-nha-nuoc-176726.html
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