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Sunday, 31/8/2025 | 22:01 GMT+7

MB receives first-class order of national defense

Prime minister Pham Minh Chinh awarded the first-class order of national defense to Military Commercial Joint Stock Bank (MB) at the "80 years of businesses accompanying the nation" conference.

The conference, held on 30/8, was attended by numerous leaders from ministries, branches, and central agencies, along with over 250 prominent businesses. MB received the prestigious award for its outstanding achievements in production and business activities combined with national defense and security, contributing to the development of the military and the protection of the nation. Tran Minh Dat, deputy general director, accepted the award on behalf of MB.

Prime minister Pham Minh Chinh (center) presents the first-class order of national defense to Tran Minh Dat, deputy general director of MB. Photo: MB

Prime minister Pham Minh Chinh (center) presents the first-class order of national defense to Tran Minh Dat, deputy general director of MB. Photo: MB

An MB representative shared that the first-class order of national defense is significant recognition of MB's continuous efforts and contributions over three decades of development. As of the end of June, the bank reported consolidated total assets of approximately 1.29 quadrillion VND, placing it among the top 5 largest banks in Vietnam, alongside BIDV, Vietcombank, VietinBank, and Agribank.

MB serves approximately 32.5 million customers, with 98.6% of transactions conducted through digital channels. The bank's revenue increased by over 25% year-over-year, while the group's non-performing loan ratio remained controlled at 1.6%.

On 25/8, the bank also announced a change in the number of voting shares from 6.1 billion to nearly 8.1 billion units, after completing the issuance of over 1.95 billion shares to pay dividends to 115,707 existing shareholders. Following this issuance, MB's charter capital increased by 32% to 80,550 billion VND. This makes MB the bank with the second-highest charter capital in the system, trailing only Vietcombank (83,557 billion VND).

The prime minister awards medals to organizations at the "80 years of businesses accompanying the nation" conference. Photo: MB

The prime minister awards medals to organizations at the "80 years of businesses accompanying the nation" conference. Photo: MB

As one of the top 5 banks in Vietnam, MB plans to continue its leading role in digital transformation, sustainable development, and contributing to the nation's development and defense.

Nhat Le

By VnExpress: https://vnexpress.net/mb-nhan-huan-chuong-bao-ve-to-quoc-hang-nhat-4933783.html
Tags: MB First-Class Order of National Defense Military Bank

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