MBBank achieves sustainable growth in 9 months, leads digital transformation

Hanoi-based MBBank recorded positive growth across scale, efficiency, and asset quality in the first nine months of the year, underscoring its strong internal resilience amid continued volatility in the financial market.

Strong credit and revenue growth

As of the end-September 2025, MBBank’s total consolidated assets reached VND1,329 trillion ($50.52 billion), up 17.7% from the beginning of the year.

The figure placed MBBank among those with the fastest growth in the system, according to its nine-month consolidated results announced on Sunday.

Outstanding credit and bond investments in economic institutions totaled VND962 trillion ($36.57 billion), an 18.6% year-on-year increase.

Of this, customer lending rose 20%, SME loans grew 18.5%, and retail lending increased 15.8%, reflecting MBBank’s proactive role in capital provision for the economy, particularly in the manufacturing, consumption, and infrastructure investment sectors.

Total operating income (TOI) reached VND48.1 trillion ($1.83 billion), up 24% year-on-year. MBBank continued to diversify its financial services, with net service income rising by approximately 40% compared to the same period in 2024.

CASA maintains leading market position, up 27% year-on-year

MBBank’s customer deposits stood at VND788 trillion ($29.96 billion), an increase of 10.3% year-on-year. Of this, CASA (current account savings account) reached around VND292 trillion ($11.1 billion), up 27%, maintaining MBBank’s position among the market leaders.

This strong CASA base enables the lender to keep funding costs low, sustain a solid capital structure, and optimize profit margins.

Leading in digital transformation

Alongside strong financial results, MBBank reaffirmed its pioneering position in digital transformation and the development of a comprehensive financial ecosystem.

The bank now serves over 33.9 million customers, with more than 9.6 billion digital transactions conducted in the first nine months. Digital channel revenue accounted for around 40% of its total systemwide revenue.

Improved operational efficiency and asset quality indicators

MBBank’s pre-tax profit in the first nine months of 2025 reached VND23.14 trillion ($879.68 million), up 12% year-on-year, fulfilling 73% of the full-year plan.

Operational efficiency continued to improve, with the cost-to-income ratio (CIR) at approximately 27.9%, down 2.34 percentage points year-on-year, creating room for lower lending rates in line with government policy directions.

Its consolidated non-performing loan (NPL) ratio stood at 1.87%, down 0.36 percentage points from the same period in 2024. The NPL coverage ratio stood at 80%, higher than the industry average, further strengthening MBBank’s financial foundation for the next growth phase.

An MBBank representative said that the nine-month performance demonstrates the bank's sustainable growth orientation, effective risk governance, and strong investment in digital transformation. The lender will continue to balance scale, efficiency, and sustainability, accompanying the overall development of the national economy.

MBBank is listed on the Ho Chi Minh Stock Exchange as MBB, which closed Friday at VND24,400 ($0.93) per share.