On October 3rd, Military Commercial Joint Stock Bank (MB) officially announced the completion of its capital increase issuance, raising its charter capital to VND 100,687 billion, becoming the first bank in Vietnam to surpass the VND 100,000 billion charter capital mark.
This milestone further strengthens the financial foundation, creating more room for MB to expand its business operations, invest in technology, enhance risk management capabilities, and increase its contribution to the economy .
Established in 1994 with a charter capital of VND 20 billion and 25 employees, after 32 years, MB's charter capital has increased more than 5,000 times. By June 30, 2026, the bank's total assets will exceed VND 1.73 trillion. During the period 2015-2025, total assets are projected to increase by an average of approximately 19.6% per year, with a 43% increase in 2025 alone. From 2021 to 2025, MB is also expected to maintain high growth rates in both deposit mobilization and loan outstanding balances.
The increase in charter capital helps MB strengthen its capacity to meet capital adequacy requirements, while expanding its ability to provide credit to customers and the economy. MB aims to increase total outstanding loans to approximately VND 1.5 trillion by the end of 2026, keeping the non-performing loan ratio below 1.5%; and continue to allocate resources to infrastructure projects, key industries, and the SME sector.
Along with its financial foundation, technology continues to be one of MB's growth drivers. The bank currently serves nearly 40 million customers, with over 99% of all transactions conducted through digital channels, totaling approximately 15 billion transactions annually. Revenue from digital channels contributes nearly 60% of the bank's total revenue. In the first six months of 2026, MB's consolidated cost-to-income ratio (CIR) was over 26%, while the parent bank's CIR was over 24%.
Along with increasing capital scale, MB continues to focus on asset quality and capital efficiency. By June 30, 2026, the non-performing loan coverage ratio will reach approximately 94% consolidated and over 97% at the parent bank. In 2025, MB's return on equity (ROE) is projected to reach 21.1%, and its return on assets (ROA) 2.0%; in 2026, the bank aims to maintain ROE above 20%.
In the domestic market, in September 2026, MB launched a preferential credit package of VND 10,000 billion for SMEs, and simultaneously implemented a multi-tiered supply chain finance (SCF) model to support businesses in optimizing financial and operational costs throughout the entire supply chain.
Alongside business growth, MB continues to make significant contributions to the State budget. During the period 2021-2025, MB contributed VND 35,458 billion, with VND 10,004 billion contributed in 2025 alone. In the first six months of 2026, MB Group continued to contribute nearly VND 7,700 billion, bringing the total cumulative contribution of the entire Group to approximately VND 60,952 billion by June 30, 2026. This is also one of the results demonstrating the transformation from growth in scale and operational efficiency into resources contributing back to the economy.
In its next phase of development, MB is expanding its presence in Asian financial and economic hubs such as Singapore , South Korea, China, and Taiwan (China), aiming to strengthen connections between international capital flows, businesses, and cross-border financial activities.
Alongside its growth in scale, MB's brand value in 2026 was estimated by Brand Finance at $2.023 billion, with an AAA+ rating, compared to $301 million in 2021.
Surpassing the 100 trillion VND charter capital mark is a new milestone in MB's development journey, and also creates a foundation for the bank to continue improving its financial capacity, investing in technology, expanding its ecosystem, increasing its capital supply capacity, and contributing more to customers, businesses, and the economy.
Source: https://www.vietnamplus.vn/mb-tro-thanh-ngan-hang-dau-tien-vuot-moc-100000-ty-dong-von-dieu-le-post1139854.vnp
