MB joins hands with international partners to enter digital asset business

MB leaders shared that entering the digital asset business is mandatory, aiming to help customers have full service options when using MB's ecosystem.

On August 5, Military Commercial Joint Stock Bank (MB, HOSE: MBB) held an Investor Conference to update its first half business results and orientation for the last 6 months of 2025. Notably, MB leaders revealed a new piece in MB's ecosystem.

Specifically, Mr. Vu Thanh Trung - Vice Chairman of MB Board of Directors said that the bank is expanding its ecosystem to the digital asset business field and cooperating with the world's top 3 partners in this field.

"This is a major policy of the Government aimed at adding more resources to the economic growth engine, including digital assets," Mr. Trung affirmed.

Mr. Vu Thanh Trung - Vice Chairman of the Board of Directors of Military Commercial Joint Stock Bank (MB).

According to Mr. Trung, MB is a bank with good technological capabilities with more than 2,000 technology engineers and large investments in the platform. Expanding into the digital asset business is inevitable so that MB's 33 million current customers have full options when using the ecosystem, not only stopping at banking services but also expanding to fund certificates, stocks, bonds... and moving towards digital assets.

Therefore, MB chooses large, reputable partners with experience and technological capacity, especially in customer security.

Also at the conference, Mr. Vu Thanh Trung once again affirmed that in 2025, digital transformation will continue to be the growth driver of MB.

Key digital platforms such as App MBBank , BIZ MBBank and Banking-as-a-Service (BAAS) services strongly contribute to MB's growth in terms of number of customers, CASA, revenue...

Accordingly, by the end of June 2025, the number of MB customers reached nearly 33 million, a 13-fold increase over the past 5 years. MB's digital channel transaction scale maintained its top position in the market. Total revenue on digital channels reached VND 8.6 trillion, up 50% compared to the average in 2024 and accounting for 38% of the bank's total revenue. The rate of revenue on digital channels increased sharply every year, expected to reach 40% by the end of 2025.

In addition, MB is deploying BAAS and API models at high speed. For BAAS, MB had 783 connecting partners in 2024 and developed 228 new customers in the first 6 months of 2025. Currently, 1210 APIs have been developed internally and are expected to reach 1600 APIs in 2025. Along with that, MB is deploying 91 mini apps with 8 million billion VND in transaction value in the first half of 2025 alone.

“MB is leading the market in this business model,” MB leaders affirmed.

Digital transformation continues to be the growth driver of MB in the coming years.

Responding to an investor about the competitive challenge, many banks have caught up with MB in digital transformation, Chairman Luu Trung Thai said, MB is a pioneer, has the best speed in the market and currently MB is gaining the advantage of having the largest number of customers and transactions. MB has moved to the stage of caring for and increasing the value of each customer.

"Of course other banks will catch up, but by then MB will be on a new digital transformation journey," Mr. Thai added.

Sharing about the strategic orientation for the last 6 months of 2025, Mr. Dam Nhan Duc - Chief Economist of MB emphasized that MB will continue to focus on growth, expanding customers, and increasing active rate.

Next, is to increase lending to individual customers and small and medium enterprises, focusing on production, processing and manufacturing industries. Mr. Duc said that economic growth will be adjusted, previously dependent on exports and investment, and in the next 3-5 years it will be consumption, increasing the middle class, and import and export. In addition, the upcoming period will be driven by infrastructure investment.

Increase mobilization in line with credit demand, focus on CASA and optimize terms and capital sources to maintain cost of capital (COF) at 3.1-3.2%

Along with that, MB will strengthen group synergy, cross-sell and improve the efficiency of subsidiaries, striving to increase group-wide productivity by about 10% in 2025.

At the end of the conference, Mr. Luu Trung Thai - Chairman of the Board of Directors optimistically stated that, with the current economic situation and competitiveness, MB is likely to achieve and exceed this year's plan.

Source: https://baoquocte.vn/mb-bat-tay-doi-tac-quoc-te-tien-vao-kinh-doanh-tai-san-so-327338.html