On October 17, 2024, MB officially welcomed OceanBank, a limited liability commercial joint-stock bank, as its newest member. With this development, the MB Group’s ecosystem now comprises three banks (MB, MBCambodia, and OceanBank) and six member companies (MBS, MBCapital, MIC, MB Ageas, MBAMC, and Mcredit)
Speaking at the announcement ceremony held by the State Bank on the afternoon of October 17, MB’s leaders stated that with the correct policy direction from the Party and the government’s strong commitment, along with the resolve of the Prime Minister and relevant ministries, agencies, and the State Bank, MB and OceanBank have closely coordinated to carefully execute the transition, ensuring compliance with conditions, sequence, and procedures, and adhering to legal regulations.
MB’s leaders affirmed that following the transition, the legitimate rights of depositors and customers at OceanBank are guaranteed as per agreements and legal provisions. OceanBank’s service operations will also remain uninterrupted. MB will prioritize allocating resources from business development, capital, technology, and human resources to support the new member of the group. OceanBank, in turn, will continue to strengthen its business operations and pursue sustainable and efficient growth, enhancing its financial and technological capabilities to positively contribute to the overall development of the economy.
The MB Board of Directors has appointed Mr. Le Xuan Vu, a member of MB’s Management Board, as MB’s representative and Vice Chairman of OceanBank. With nearly 30 years of experience and a strong track record in senior management positions at reputable credit institutions, especially in the field of banking transformation and modernization, Mr. Vu is trusted to enhance OceanBank’s governance and management capabilities in the coming years.
“Currently, MB’s ecosystem is a comprehensive financial group offering a full range of financial services, including securities, fund management, banking, insurance, and consumer finance. This positions us as a leading force in the financial and banking sector,” MB’s leaders shared.
“Data Management: The Key to Success for Banks Aiming to Soar”
Data is an invaluable asset for banks, and effective data management is key to their success. By harnessing the power of data, banks can gain a competitive edge and make significant strides in the market. With efficient data governance, they can stay ahead of the curve and achieve remarkable breakthroughs, leaving their competitors behind. It is imperative for banks to recognize the significance of data and utilize it strategically to drive their growth and maintain their market dominance.
KienlongBank Successfully Holds 2024 Extraordinary General Meeting of Shareholders
On October 26, KienlongBank (KienlongBank; UPCoM: KLB) successfully held an Extraordinary General Meeting of Shareholders (EGMS) in Hanoi, with a large number of shareholders in attendance.
The Savvy Investor: Pouring Money into the Market, a Smart Strategy?
Individual investors today bought a net amount of 353.8 billion VND, of which their net buying value via matched orders was 603.9 billion VND.
The Top 5 Tax Agents in Ho Chi Minh City: An Accolade for Excellence in 2024
On October 11th, the Ho Chi Minh City Business Association honored 84 outstanding entrepreneurs and 93 exemplary businesses for 2024. Among those recognized were five members of the Ho Chi Minh City Tax Consultancy and Agency Association (HTCAA): THTAX, Tri Luat, Trong Tin, Truong Gia, and An Doanh.
Military Insurance Wins Outstanding Digital Transformation Enterprise Award 2024
On October 5, 2024, Military Commercial Joint Stock Insurance Corporation was honored at the Vietnam Digital Awards 2024 in the Excellent Digital Transformation Enterprise category.
