MB wins 5 Sao Khue awards for digital banking solutions

Military Commercial Joint Stock Bank (MB) has won five Sao Khue Awards 2026 for its digital banking products and technology solutions, marking the eighth consecutive year the lender has been honored at one of Vietnam’s most prestigious information technology and digital transformation awards.

The awards were presented at a ceremony held in Hanoi on Thursday.

Among the winning solutions were three products under MB’s corporate digital banking platform BIZ MBBank, including a fully digital business account opening service, an integrated corporate card management platform and a smart financing solution for small and medium-sized enterprises (SMEs) using e-invoice data.

MB was also recognized for its AI-powered digital transformation process for secured personal lending products and its “QR Pay Later” digital payment solution.

BIZ MBBank drives integrated digital banking strategy

The recognition of three BIZ MBBank solutions highlighted MB’s strategy of building an integrated digital banking ecosystem for businesses, covering financial needs ranging from account opening and expense management to access to capital.

The bank said technology serves as the core foundation of its “Fast & Easy” digital banking model, helping businesses optimize operations, improve cash-flow transparency and expand access to financial services in the digital economy.

Fully online business account opening

MB’s business account opening process has been fully digitized, allowing companies to complete procedures entirely online through mobile devices without visiting physical branches.

The process includes information submission, document upload, identity verification and approval on a single platform.

MB said it is the first bank in Vietnam to allow businesses to supplement documents online after account activation, enabling customers to continue updating information remotely without disrupting banking transactions.

The onboarding process combines digitalization with backend compliance controls conducted by specialists to enhance customer experience while meeting increasingly stringent banking regulations.

Corporate card management integrated on digital platform

Launched in August 2025, MB Hi BIZ has become one of the core components of the BIZ MBBank ecosystem.

The solution digitizes the entire process from card issuance and management to expense control and reconciliation on a single platform.

A key feature is its “2-in-1” model, integrating both debit and credit functions into one card, allowing businesses to optimize cash flow with up to 45 days of interest-free financing.

MB also said it was the first bank in Vietnam to offer fully online issuance of corporate cards, enabling customers to activate and use cards immediately through Apple Pay, Google Pay and other digital payment platforms.

After more than six months of deployment, MB said it had cumulatively issued more than 35,000 MB Hi BIZ cards to nearly 31,000 corporate customers, with around 80% of cards actively used for spending.

According to the bank’s internal estimates, the solution helps businesses save an average of 240 accounting work hours annually by reducing manual reimbursement, payment and reconciliation procedures.

SME financing through e-invoice data

For SMEs, limited collateral, lack of standardized financial statements and relatively small borrowing needs have remained barriers to accessing credit.

To address the issue, MB developed a smart financing platform based on electronic invoice data, which the bank said provides a more accurate reflection of business activity.

Under the model, businesses can apply for unsecured overdraft limits of up to VND3 billion dong ($114,000) through BIZ MBBank without collateral, paper documents or branch visits.

The system automatically analyzes e-invoice data, evaluates financial capacity and delivers approval decisions within one business day.

Credit limits remain continuously available, allowing businesses to flexibly draw down and repay funds according to actual cash-flow needs, including outside normal business hours.

AI-driven lending and digital payments

MB’s AI-integrated digital transformation solution for secured personal loans was also recognized for helping shorten application processing times, improve customer experience and optimize operations.

The bank said the platform reduces operating costs, increases transparency and broadens access to formal credit channels, contributing to Vietnam’s digital economy development.

Meanwhile, MB’s “QR Pay Later” solution continued to gain attention for its flexible payment model, allowing customers to buy now and pay later through QR code scanning with up to 35 days of interest-free financing.

Strengthening position in digital banking

The five Sao Khue Awards further reinforced MB’s position as one of Vietnam’s leading digital banks, recognizing its technology capabilities and innovation strategy in building digital financial ecosystems for both retail and corporate customers.

MB said digital transformation is not only aimed at improving operational efficiency, but also at creating seamless customer experiences and supporting businesses in the digital era.