The conference was held online with the participation of over 300 representatives from investment funds and securities companies, both domestic and international.
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MB organized an Investor Conference to update on business results for the first six months of 2025 and outline directions for the last six months of 2025. |
Maintaining its position as one of the Big 5, leading in many core industry metrics.
MB is increasingly solidifying its position among the top 5 largest banks in Vietnam thanks to its strong financial foundation, outstanding profitability, and pioneering digital transformation capabilities. As of the end of the first six months of 2025, MB's total assets reached VND 1.29 trillion, ranking in the top 5 of the industry, only behind long-established state-owned banks. This is the result of sustainable growth in scale over many consecutive years, reflecting its stable capital mobilization capacity, ability to serve diverse customer needs, and vision for expanding market share.
Reporting on MB's business results, Ms. Nguyen Thi Thanh Nga – MB's Chief Financial Officer – stated that in the first six months of 2025, MB's credit and deposit growth was approximately over 12%, while revenue growth reached over 25%. Net interest income (NII) increased by 23% year-on-year thanks to the bank's focus on growth and restructuring of credit. Based on this, fee income (NFI) reached a high level (37%) year-on-year.
MB's operating expenses (CIR) are well managed, with the cost growth rate being half the revenue growth rate. "Compared to the same period last year, MB's growth momentum this year is better thanks to making good use of the growth room after MB took over the zero-dong bank, now MBV," she said.
The non-performing loan (NPL) ratio is controlled at 1.6% for the entire group and 1.47% for the bank specifically. According to MB's Chief Financial Officer, NPLs will be tightly controlled in 2025, achieving the target of 1.5% (bank) and 1.7% (consolidated) by the end of the year.
The subsidiary companies (SCs) all operate effectively in their respective fields. The SCs' revenue increased by 25%, their profits increased by 39%, contributing approximately 9% to the group's overall profit.
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Mr. Luu Trung Thai – Chairman of the Board of Directors of MB, delivered a speech at the conference. |
“Over the past two years, we have implemented a new, more direct corporate governance mechanism, and our subsidiaries have actively innovated and been creative in all their operations. These efforts have clearly yielded positive results in the first half of 2025, as evidenced by the favorable business performance of our subsidiaries,” explained Mr. Luu Trung Thai, Chairman of the Board of Directors of MB.
All participating companies maintained and improved their market share and position. Specifically, Military Insurance Corporation (MIC) ranked 4th in insurance premium revenue, MB Shinsei Consumer Finance Company Limited (MCredit) ranked 3rd among consumer finance companies, and MB Securities Joint Stock Company (MBS) ranked 7th in securities brokerage market share in Q2/2025.
Notably, MIC recently received two international ratings from AM Best, a leading global insurance credit rating organization: B++ (Good) for Financial Strength Rating (FSR) and bbb (Good) for Issuer Credit Rating (ICR), demonstrating the sound development strategy of its subsidiaries in particular and MB Group in general.
Digital asset trading - a new piece of the MB ecosystem.
At the conference, Mr. Vu Thanh Trung – Vice Chairman of the Board of Directors of MB – stated that the bank is expanding its ecosystem into the digital asset business and collaborating with a top 3 global partner in this field.
“MB is a bank with strong technological capabilities, employing over 2,000 technology engineers and investing heavily in its platform. Expanding into the digital asset business is essential to provide MB's 33 million existing customers with a full range of options when using our ecosystem, not only for banking services but also for mutual funds, stocks, bonds… and eventually digital assets,” Mr. Trung emphasized.
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Mr. Vu Thanh Trung, Vice Chairman of the Board of Directors of MB, affirmed that in 2025, digital transformation will continue to be the driving force for MB's growth. |
Mr. Vu Thanh Trung, Vice Chairman of the Board of Directors of MB, affirmed that in 2025, digital transformation will continue to be the driving force for MB's growth. Key digital platforms such as the MBBank App, MBBank BIZ, and the Banking-as-a-Service (BAAS) segment will strongly contribute to MB's growth in terms of customer numbers, CASA, revenue, etc.
Specifically, by the end of June 2025, MB's customer base reached nearly 33 million, a 13-fold increase over the past five years. MB's digital transaction volume maintained its top position in the market. Total revenue from digital channels reached VND 8.6 trillion, a 50% increase compared to the 2024 average and accounting for 38% of the bank's total revenue. The proportion of revenue from digital channels is expected to increase sharply annually, reaching 40% by the end of 2025.
In addition, MB is rapidly deploying the BAAS and API models. "MB is leading the market in this business model," an MB leader affirmed.
Regarding BAAS, MB had 783 connected partners in 2024 and developed 228 new customers in the first six months of 2025. Currently, 1210 APIs have been developed internally and are expected to reach 1600 APIs in 2025. In addition, MB is deploying 91 mini-apps with a transaction value of 8 trillion VND in the first half of 2025 alone.
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Home loans at MB: Interest rates from 9.5%/year and many more benefits.Amidst a trend of declining deposit interest rates, the demand for loans to finance production, business operations, and home purchases is gradually increasing again. Recognizing this trend, Military Commercial Joint Stock Bank (MB) has launched various credit packages with competitive interest rates, tailored to different customer segments. In particular, Mr. Trung also stated that MB recently successfully provided the first integrated healthcare information technology core system to a hospital in Vietnam. This is the first step for MB to be ready to go deeper and contribute more to the country's healthcare ecosystem.
Sharing his strategic direction for the last six months of 2025, Mr. Dam Nhan Duc – Chief Economist of MB – emphasized that MB will continue to promote new customers and effectively utilize existing customers, while increasing deposits in line with credit needs, focusing on CASA and optimizing maturities and funding sources to maintain the cost of capital (COF) at 3.1-3.2%. Along with that, MB will strengthen group synergies, cross-sell, and improve the efficiency of its subsidiaries, striving to increase overall group productivity by approximately 10% in 2025.
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Mr. Dam Nhan Duc, Chief Economist of MB, emphasized that MB will continue to promote new customers and effectively utilize existing customers. |
Concluding the conference, Mr. Luu Trung Thai - Chairman of the Board of Directors - stated: "With the current economic indicators and situation, as well as MB's competitiveness, MB is likely to achieve and surpass this year's plan."
Source: https://baoquocte.vn/mb-khang-dinh-vi-the-big-5-dan-dau-ve-hieu-qua-and-chuyen-doi-so-323449.html
![[Photo] Prime Minister Le Minh Hung presides over the thematic session on promoting science and technology development and innovation.](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2026/06/23/1782207872934_ndo_br_dsc-1724-jpg.webp)
