A pivotal moment in the journey of enhancing capabilities and asserting the value of both units in the Vietnamese financial market.
Convergence of Power from Two Leading Brands
Dragon Capital Vietnam (referred to as Dragon Capital), with 30 years of experience, is a leading fund management company in Vietnam, managing a portfolio of assets worth billions of USD. Known for its professionalism and efficiency, Dragon Capital has established a robust investment ecosystem, significantly contributing to the development of the financial market.
MBS, on the other hand, is a securities company that has accompanied the market since its early days and asserted its position as one of the top securities companies in Vietnam with an ROE among the highest in the industry, reflecting superior operating performance and a sustainable business strategy. As of the end of October 2024, MBS’s revenue increased by 83% over the same period, especially in brokerage, proprietary trading, and capital sources. Pre-tax profit reached nearly VND 800 billion, up 40% compared to 2023.
The collaboration between the two sides is a crystallization of extensive experience and relentless creativity, opening up vast opportunities to elevate the stature of both brands in the market.
Strategic Partnership, Optimizing Services for Customers
According to the agreement, MBS and Dragon Capital will cooperate comprehensively in core areas, including asset management, investment advisory, and the development of world-class financial products and services. The primary focus is to maximize benefits for customers and efficiently leverage the outstanding strengths of each party.
Speaking at the signing ceremony, Mr. Phan Anh, CEO of MBS, said: “The cooperation agreement signed today includes important aspects such as priority in using services, sharing investment research, enhancing institutional investor care, and collaboration in investment banking and fund certificate distribution. This is an opportunity for MBS and Dragon Capital to maximize their strengths. Together, both parties aim to increase value for customers and shareholders, positively contributing to the sustainable growth of the two businesses and the development of the financial market.”
Representing Dragon Capital Vietnam, CEO Beat Schurch highly appreciated MBS’s development potential as a securities company under MB Group and emphasized: “We are committed to working closely with MBS to achieve these ambitious goals. With a talented team, a robust ecosystem, and the solid support of Dragon Capital, I am confident that MBS will thrive and bring exceptional value to customers, shareholders, and the Vietnamese securities market.”
Also, according to this cooperation agreement, Dragon Capital will invest approximately VND 600 billion to own 4.5% of MBS’s shares and become the second largest shareholder after MB.
Enhancing Value for Investors
This cooperation agreement testifies to MBS’s strategic vision in enhancing its competitiveness and standardizing core values according to international standards. At the same time, it is a concrete step in the company’s sustainable development strategy, aiming to build a comprehensive and modern financial ecosystem.
MBS is one of the most dynamic companies in the market, frequently offering attractive programs and policies to its customers. Currently, new customers on the proactive trading channel will enjoy lifetime free trading and super-low margin interest rates of only 7.7%/year. Accordingly, customers can borrow up to VND 5 billion for six months with all codes, helping investors save up to hundreds of millions of VND. This program is considered a super profitable one compared to other securities companies in the market and has attracted many investors to MBS.
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