Military Bank (MBB) is planning to issue more than 43.2 million shares to its employees under the employee stock ownership plan (ESOP). This number is equal to 2 per cent of the bank’s charter capital.
Vietcombank will divest part of its holding in Military Bank (MB) next month to meet the State Bank of Viet Nam (SBV)’s regulation on holding shares at other credit institutions.
The Military Bank (MB) has announced that it will soon be meeting the
central bank''s requirement to bring the non-performing loans (NPLs) down
to less than 3 per cent.
Military Bank''s after-tax profits increased slightly 1.4 per cent year-on-year in the first quarter of this year, reaching VND636.3 billion, or US$30.3 million.
Military-run Telecommunications Group (Viettel) and Military Bank (MB)
yesterday signed an agreement to launch a new Customer Relation
Management (CRM) system.
The Military Bank (MB) has appointed 38 year old Uong Dong Hung and 37
year old Le Hai as new deputy general directors, according to the bank''s
management board.
The Military Bank (MB) has won the Excellent Electronic International
Payment award (or STP certificate) from Wells Fargo, one of the three
largest banks in the US.