MB's pre-tax profit has reached over VND 8 trillion.

In recent years, the bank has developed rapidly, becoming a multifunctional financial group with various operations. Currently, it has six member companies, including MB Securities Joint Stock Company (MBS), MB Capital Investment Fund Management Joint Stock Company (MB Capital), Military Insurance Joint Stock Corporation (MIC), MB Assets Management Company (MBAMC), MB Ageas Life (MBAL), and MB Shinshei (Mcredit). The member companies significantly contributed to the bank's  service receipts, which were over VND 1.3 trillion by October 31 this year, surging by 55 percent against the same period last year and making a 13 percent contribution to the bank’s total revenue.

Meanwhile, the foreign exchange earnings reached VND 550 billion after 10 months of 2019, up 55 percent from the same period last year. These results led to a bright outlook of the bank for the rest of the year, particularly to gain a pre-tax profit of VND 10 trillion.

On the occasion of its 25th founding anniversary (November 4, 1994), MB released its brand-new logo, which is expected to embrace its positive and tremendous changes in the time to come.

Translated by Trung Thanh