Developer Phat Dat, Military Bank ink cooperation pact for $447 mln southern Vietnam project

Developer Phat Dat, Military Bank ink cooperation pact for $447 mln southern Vietnam project

Phat Dat Real Estate Development JSC and MB Bank have signed a comprehensive cooperation agreement for the Thuan An 1&2 real estate project in Binh Duong province.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Six lenders join Apple Pay launch in Vietnam

Six lenders join Apple Pay launch in Vietnam

Six Vietnamese banks have joined the Vietnam list of lenders supporting Apple Pay of Apple as the American tech giant launched the payment service in the country on Tuesday.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

MB Bank appoints new general director

MB Bank appoints new general director

State-controlled Military Bank (MB Bank) has appointed Pham Nhu Anh its general director from Thursday.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

MB Bank appoints new chairman

MB Bank appoints new chairman

State-controlled Military Bank (MB Bank) has appointed Luu Trung Thai as its chairman for the remainder of the 2019-2024 term, replacing Le Huu Duc.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

MB Bank targets $1 bln profit in 2023

MB Bank targets $1 bln profit in 2023

State-controlled Military Bank (MB Bank) is expecting a pre-tax profit of VND26.1 trillion ($1.11 billion), up 15% year-on-year.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Military Bank posts $969 mln profit in 2022

Military Bank posts $969 mln profit in 2022

Military Bank (MB Bank) reported a pre-tax profit of VND22,729 billion ($969 million) in 2022, up 37.5% over the previous year and reaching 111.8% of its target.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

MB Bank reaps $408 mln profit in H1

MB Bank reaps $408 mln profit in H1

Military Bank (MB Bank) reported a Jan-June after-tax profit of VND9,520 billion ($408 million), up 49% year-on-year.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam-Japan bank venture sets sights on Cambodia retail financing

Vietnam-Japan bank venture sets sights on Cambodia retail financing

Japan’s Shinsei Bank will collaborate with Vietnam’s MB Bank to exploit retail financing opportunities in Cambodia, where the latter has been permitted to set up a bank.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7