The 7th Party Congress, term 2025-2030 of MB: Solidarity - Acceleration - Creativity - Development - Sustainability

“This is a particularly important political event for the entire MB system, demonstrating the spirit of solidarity, democracy, intelligence and high political determination of 2,776 party members in the entire Party Committee.

The Congress was honored to welcome Senior Lieutenant General Vu Hai San - Member of the Party Central Committee, Member of the Central Military Commission, Deputy Minister of National Defense - and representatives of leaders of agencies and units inside and outside the Army to attend and direct.

Delegates attending the Congress.

With the theme "Promoting the tradition of the Heroic Unit, building a clean and strong Party organization; accelerating innovation and creativity, becoming a digital enterprise, a leading financial group, contributing to building a revolutionary, disciplined, elite, modern People's Army and a rich, prosperous, civilized, and happy country", the Congress agreed on the guiding motto for the entire term: " Solidarity - Acceleration - Creativity - Development - Sustainability."

Comprehensively complete the tasks of the 2020-2025 term, maintain the core role

Presenting the political report at the Congress, Major General Luu Trung Thai, Party Secretary and Chairman of the Board of Directors of MB, affirmed: “During the past term, the MB Party Committee has thoroughly grasped and seriously implemented the resolutions and directives of the superiors; grasped the situation and tasks; led and directed the comprehensive completion of the set goals and targets. MB maintained a high annual growth rate, firmly maintaining its position as the industry's top position in terms of scale, efficiency and safety. The multi-functional financial group model has been completed, fully meeting the needs of financial and organizational services, affirming the strength of the MB ecosystem in the market.”

Accordingly, compared to 2020, total assets increased more than 2.3 times, reaching VND 1,128,801 billion; credit increased more than 2.5 times, with an average growth rate (CAGR) of 25.63%/year. Asset quality is always strictly controlled, the bad debt ratio is controlled at 1.62%. ROE reached 21.5% (2020: 19.1%), TOP 3 of the Vietnamese banking system in terms of efficiency and quality of operations. The total number of transaction points (DPOs) reached 319 points, an increase of 23 DPOs, present in 33 provinces and cities nationwide, branches in Laos and banks in Cambodia operate safely and stably with more than 20,000 employees, an increase of 1.25 times. Shareholders' benefits are well guaranteed, with an average dividend rate of over 22% and an average investment return (dividends and bonus shares) of ~34%. MB's position and brand are enhanced, reaching 1.6 billion USD in 2025.

Major General Luu Trung Thai - Chairman of MB Board of Directors spoke at the event.

On behalf of the MB Party Committee, Chairman Luu Trung Thai emphasized the determination to "build a clean and strong Party Committee, a comprehensively strong bank, and successfully implement the digital transformation strategy." The leadership continues to consolidate and streamline the organization, increase management capacity, and operate in an effective and sustainable manner in the operations of member companies, and build strategies for each company in line with the group's strategy. Implement a management model through representatives; Improve management personnel and internal governance regulations of companies; promote cross-selling cooperation. By 2024, MB's multi-functional financial group model will fully meet the needs of financial services and organizations with 8 member companies.

Digital Transformation Breakthrough – Affirming the Multi-Functional Financial Group Model

During the past term, MB has effectively implemented two strategic breakthroughs in digital transformation and military discipline. Digital platforms such as MB App, MB Biz, VietQR... have been continuously upgraded, serving nearly 33 million customers, enhancing experience and maintaining its pioneering position in the digital banking ecosystem in Vietnam.

MB Group currently consists of the parent bank and 8 member companies operating in the fields of securities, insurance, fund management, consumer finance, etc., contributing increasingly effectively to consolidated profits. The multi-functional financial group model has created a solid foundation for MB to aim to become a comprehensive digital financial group in Vietnam, Laos and Cambodia.

Party Building: Regularity - Discipline - Efficiency

The MB Party Committee firmly maintained its comprehensive leadership role, with 240 Party organizations and 2,776 Party members (5 grassroots Party Committees, 87 grassroots Party cells, 1 unit Party Committee, and 147 affiliated Party cells). During the term, the MB admitted 626 new Party members , exceeding the target by 125%. The work of political and ideological education , inspection and supervision, building of grassroots Party organizations, and personnel work were carried out seriously, synchronously, and methodically.

At the Congress, Senior Lieutenant General Vu Hai San, member of the Party Central Committee, Deputy Minister of National Defense, commended the outstanding results and highly agreed with the directions and solutions for the 2025-2030 term. He suggested that MB continue to thoroughly grasp the policies of the Party, State, and Army on combining economy with national defense; innovate thinking, promote the qualities of "Uncle Ho's soldiers" on the economic front; effectively implement the Development Strategy for the period 2022-2026, vision 2030; at the same time, promote communication, promote brands and products.

Senior Lieutenant General Vu Hai San, member of the Party Central Committee, Deputy Minister of National Defense, spoke at the 7th National Congress of Vietnam People's Army.

Strategic goals to 2030: Pioneering – Leading – Sustainable

MB aims to become a leading digital enterprise and financial group , maintaining its position as one of the Big 5 largest commercial banks in Vietnam, being in the Top 3 most efficient banks in the market and aiming for the leading banking group in Asia. Annual growth targets: total assets increase by 15-20%, pre-tax profit increases by 10-20%, minimum ROE reaches 20-22%, bad debt is below 2%, CAR ratio is maintained at 11%; member companies contribute 15-20% of the total system's profit.

The Congress identified three strategic breakthroughs : (1) Improving organization, working methods and labor productivity; (2) Applying AI, robotics, RPA and new technologies in management, business, and development of digital products and services; (3) Perfecting strategies and improving implementation capacity.

Affirming political mettle – Determined to successfully implement the Congress Resolution

Concluding the Congress, the Executive Committee of the MB Party Committee for the 2025-2030 term affirmed its high political determination, solidarity, drastic and creative actions to quickly put the Resolution into practice. Promoting a solid political-economic foundation, a tight organization and a team of brave and enthusiastic cadres, MB continues to play the role of the financial pillar of the Army and a pioneer in the digital age.

Senior Lieutenant General Vu Hai San presented flowers to congratulate the Party Executive Committee of the Military Commercial Joint Stock Bank.

The Congress elected the 7th Executive Committee and passed the Resolution with high consensus, demonstrating the will and aspiration of the entire Party Committee to rise up in the new journey.

Source: https://daibieunhandan.vn/dai-hoi-dai-bieu-dang-bo-lan-thu-vii-nhiem-ky-2025-2030-cua-mb-doan-ket-tang-toc-sang-tao-phat-trien-ben-vung-10382667.html