On behalf of the bank’s leadership, Senior Lieutenant General Le Huu Duc, Chairman of the Board of Directors, briefed the delegation on the bank’s operation in the 2011-2017 period. He revealed that the bank now has 90 branches in 51 provinces and cities nationwide and two overseas branches in Laos and Cambodia. Its seven subsidiaries are operating in the areas of stock exchange, real estate, fund management, insurance and so on.

Defense Minister Ngo Xuan Lich meeting with the leadership of the Military Commercial Joint Stock Bank (MB)

During the 2011-2017 period, it was listed among the top three leading commercial joint stock banks and the top seven Vietnamese commercial banks in terms of profits.

Speaking at the working session, General Lich highly appreciated the bank’s achievements over the past time and said that the defense ministry agreed with its development strategy for the future. However, the defense minister asked the bank to continue furthering their plan and focusing on operations, business, technology, and personnel, contributing to becoming a multifunctional financial group.

Additionally, he suggested that the unit pay attention to developing human resources, building strong Party organizations and collaborating with relevant military units to fulfill their assigned mission.

On the occasion of the Lunar New Year 2018, General Lich inquired after and extended greetings to the bank’s leadership and employees.

General Lich working with the All-People Defense Magazine

* The same day, General Lich had a meeting with the board of editors of the All-People Defense Magazine to review the unit’s task performance over the past year and map out plans in 2018.

Of note is the fact that the unit closely followed the direction of the Central Military Commission and the Ministry of National Defense in fulfilling their task of information dissemination, especially about the viewpoints of the Party on performing military-defense missions, protecting the Fatherland, and building the people’s army. Additionally, they published good articles to fight against the “Peaceful evolution” strategy of hostile forces, and wrong viewpoints on the ideological front. Their publishing and the operation of its online version went smoothly over the period.

Addressing the event, General Lich acknowledged the unit’s results over the past years and asked them to continue embracing higher levels’ directions to improve the information quality of all versions.

In addition, he urged them to further information fighting against wrongful viewpoints and preventing manifestations of “self-evolution” and “self-transformation” within the army.

Translated by Trung Thanh