October 09, 2019 | 20:31 (GMT+7)
MIC marks its foundation day
PANO – The Military Insurance Joint-Stock Corporation (MIC), a member company of the Military Commercial Joint Stock Bank (MB), held a ceremony on October 8 to mark its 12th founding anniversary.
MIC was established under Decision No.871/BQP issued by the Central Military Commission on February 22, 2007 and License No.43GP/KDBH issued on October 8, 2007 by the Ministry of Finance. In 2012, the corporation successfully restructured with new business strategies and reached a turnover of more than VND 500 billion for the first time. It was honored with the third-class Labor Order for these achievements that year. In 2016, the corporation reached a VND 2,000 billion turnover with profit of VND 90 billion, doubling that of the same period of 2015.
Currently, the corporation provides 160 insurance products to customers. It has an authorized capital of VND 1.3 trillion with 63 affiliated companies across the country and over 1,550 staff and employees. In 2019, MIC plans to reach a turnover of VND 2,488 billion with profit of VND 220 billion.
On this occasion, the corporation launched a variety of meaningful activities such as a blood donation campaign, a photo contest, sports competitions and more. Additionally, it also organized charity events for needy children across the country during the Mid-Autumn Festival.
Translated by Trung Thanh