Vietnam Military Joint Stock Bank (Vietnamese: Ngân Hà Ng Thng Mi Cphn Quânži; English: Military Commercial Joint Stock Bank), Commonly Known As MB Bank (Army Bank), Is A Joint-stock Commercial Bank Of Vietnam, Directly Under The Ministry Of Defense. Shareholders Include Vietnam Military Electronics And Telecommunications Corporation, State Capital Investment And Operation Corporation, Vietnam Helicopter Corporation, And Saigon Newport Corporation.
In Addition To Banking, Military Bank Also Provides Securities Brokerage, Fund Management, Real Estate, Insurance, Debt Management, And Asset Development, And Holds Shares In Some Important Companies In These Industries. Military Bank Also Has Representative Offices In Russia, Laos, And Cambodia.
History
Military Bank Was Founded On November 4, 1994 With An Initial Employee Of 25 And A Registered Capital Of 20 Billion Vietnamese Dong. In 2004, It Completed The Shareholding System Reform And Auctioned Shares Worth 20 Billion Dong, Making It The First Bank In Vietnam To Auction Shares. On November 1, 2011, It Was Listed On The Ho Chi Minh City Stock Exchange.
