HOSE: MBB [1] | |
Industry | Financial services |
Founded | November 4, 1994 |
Headquarters | No. 18 Le Van Luong Street, Trung Hoa Ward, Cau Giay District, Hanoi |
Area served | Vietnam |
Key people | Lưu Trung Thái Phạm Như Ánh |
Total assets | 950.000 billion VND [2] (2022) |
Owner | MOD |
Number of employees | 16.136 (2022) |
Website | www |
This article may have been created or edited in return for undisclosed payments, a violation of Wikipedia's terms of use. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. (February 2024) |
Military Commercial Joint Stock Bank, commonly referred to as MB Bank, is a Vietnamese commercial joint stock bank, a subsidiary of the Ministry of Defense of Vietnam. [3] [4] [5]
MB Bank was established on November 4th, 1994, with initial charter capital of 500 billion VND. [6] [7] In 2000, MB Bank established Thang Long Securities Company Limited (now Military Commercial Joint Stock Bank Securities Corporation - MBS) and Military Commercial Joint Stock Bank's Debt Management and Asset Exploitation Company (MBAMC). [8] [9] [10]
In 2003, MB implemented a comprehensive restructuring of its systems and human resources, [11] while in 2004, it became the first bank to issue shares through public auction with a total par value of 20 billion VND. [12]
In 2008, MB Bank underwent organizational restructuring and the military telecommunications group Viettel officially became a strategic shareholder. [13] [14] In 2009, MB launched the 247 Customer Service Center and opened its first overseas branch in Laos in 2010. [15] [16]
MB successfully listed its shares on the Ho Chi Minh City Stock Exchange (HSX) from November 1st, 2011 [17] [18] and opened its second overseas branch in Cambodia in the same year. [19] [20]
On January 8, 2020, some individual customers of MB Bank were able to spend beyond their account balance and card limit. A system error allowed them to make payments and withdrawals even if they did not have enough money in their accounts. [21] [22] [23]
Immediately after detecting the incident, MB blocked the accounts of these customers and requested them to refund the overspent amount. [24] [25] [26] The bank confirmed that the incident did not affect the operations of MB and the assets of other customers. [27] A representative of MB Bank acknowledged the occurrence of an online transaction error exceeding the limit. [28] [29]
Shinhan Bank Co., Ltd. is a bank headquartered in Seoul, South Korea. It was the first bank to be established in Korea, having been founded in 1897 under the name Hanseong Bank. The bank was reestablished in 1982. It is part of the Shinhan Financial Group, along with Jeju Bank. Chohung Bank merged with Shinhan Bank on April 1, 2006.
The Vietnam Bank for Agriculture and Rural Development or Agribank is the largest commercial bank in Vietnam by total assets. It is a state-owned corporation under a special status. According to a report by the United Nations Development Programme, Agribank is also the largest corporation in Vietnam.
Asia Commercial Bank, often abbreviated to ACB, is the largest private bank in Vietnam by assets, headquartered at 442 Nguyễn Thị Minh Khai, Ward 5, District 3, Ho Chi Minh City. It was registered on 19 May 1993 and began operations in June 1993. The bank trades at the Ho Chi Minh Stock Exchange under the symbol ACB, where it listed on December 9, 2020 after previously trading at the Hanoi Stock Exchange.
The Joint Stock Commercial Bank for Investment and Development of Vietnam, commonly known as BIDV, is a Vietnamese state-owned bank in Vietnam. It is the country's biggest bank by assets as of June 2021. According to the United Nations Development Programme report on the 100 largest enterprises in Vietnam, BIDV came in at the 4th position after Agribank, VNPT, and EVN.
Cầu Giấy is an urban district of Hanoi, the capital city of Vietnam. It is located roughly to the west of urban Hanoi. Cầu Giấy has a unique urban landscape, with new urban developments interlacing old historical artisan villages. The most well-known of them is a cluster of Dịch Vọng villages with its popular cốm dessert.
TPBank is a bank of Vietnam. It was founded on 5 May 2008, TPBank inherits technological expertise and financial strength from its strategic shareholders, including DOJI Gold and Gems Group, FPT Corporation, MobiFone Corporation, Vietnam National Reinsurance and SBI Ven Holding Pte. Ltd, Singapore.
The Orient Commercial Joint Stock Bank is a joint-stock commercial bank in Vietnam. Its Swift code is ORCOVNVX.
Citibank Vietnam is a bank which set its first footprint in Vietnam in 1975, and then started up a representative office in Hanoi in 1993. A year later, Citi became the first U.S. financial institution licensed for branch opening and full branch establishment in Hanoi a year later. Citi has two branches in Vietnam, one in Hanoi and one in Ho Chi Minh City.
Fortune Vietnam Joint Stock Commercial Bank or LPBank is a Vietnamese retail bank based in Hanoi. As of December 31, 2023, LPBank's total assets reached over VND382,953 billion, up 17% from the beginning of the year. Market segment 1 mobilization activities reached VND285,342 billion; credit growth reached VND39,686 billion with a rate of 16.83%, in line with the ceiling allowed by the State Bank of Vietnam. As of the end of 2023, LPBank's NPL ratio was 1.26%, lower than the same period (1.45%) and much lower than the third quarter of 2023.
Joint Stock Commercial Bank for Foreign Trade of Vietnam, commonly referred to as Vietcombank, is a commercial bank in Vietnam.
Vietnam Technological and Commercial Joint Stock Bank, commonly referred to as Techcombank, is a publicly listed Vietnamese bank. Its shares are traded on the Ho Chi Minh City Stock Exchange under ticker TCB.
Vietnam Post is the Vietnamese government-owned postal service.
The Vietnam International Commercial Joint Stock Bank(Vietnamese: Ngân hàng TMCP Quốc tế Việt Nam), abbreviated as "VIB", is a commercial bank in Vietnam. It was established in 1996 and is headquartered in Ho Chi Minh City. VIB is one of the largest banks in Vietnam, with a total asset of over VND 383,000 billion as of December 30, 2023.
Eximbank(Vietnamese: Ngân hàng thương mại cổ phần Xuất Nhập khẩu Việt Nam) was established on May 24, 1989, and is one of the first joint-stock commercial banks in Vietnam. Eximbank officially started operating on January 17, 1990.
Vietnam Maritime Commercial Joint Stock Bank (MSB), formerly known as Maritime Bank is the first commercial joint stock bank to be granted a license in Vietnam.
Sai Gon Joint Stock Commercial Bank or Saigon Commercial Bank, abbreviated as SCB, is the largest commercial bank in Vietnam by assets, founded in 2012 and headquartered in Ho Chi Minh City. It was founded by the fusion of 3 small banks and was controlled by businesswoman and real estate developer Trương Mỹ Lan. From 2012 until 2022 SCB issued Lan 93% of its loan portfolio, more than 2,500 loans worth over US$44 billion.
Saigon Thuong Tin Commercial Joint Stock Bank, commonly referred to as Sacombank, is a Vietnamese commercial joint stock bank established in 1991.
Tran Kim Chung is a Vietnamese businessman and investor. He is currently the Chairman of the Board of Directors of CT Group, one of the largest private economic groups in Vietnam.