Reporting at the Congress, Mr. Luu Trung Thai, Chairman of the Board of Directors of MB, said that in 2024, MB will continue to adhere to its strategic goals, determined to become a "Digital Enterprise, Leading Financial Group". The bank exceeded its plan with outstanding results when it became the first joint stock commercial bank outside of state-owned banks to have a total consolidated asset size of more than 1.12 million billion VND; maintained its position in the top 3 most efficient banks with high ROE (return on equity), ROA (return on assets), NIM (net profit margin), CIR (cost on income) below 30%; pre-tax profit reached 28,829 billion VND, continuing to put MB in the group of banks with the largest profits in the system. Outstanding credit reached over VND811,000 billion (up 24.5%), with the bad debt ratio tightly controlled at 1.6% for the group and below 1.4% for the bank alone.

Looking back at 2024, MB's management and business activities were highly appreciated when it was continuously honored in many prestigious award categories and titles such as the 5th consecutive year the bank was listed in the category of Outstanding Enterprise in Asia; Top 25 Leading Listed Brands according to Forbes; Best Foreign Exchange Bank in Vietnam;... On the journey of sustainable development, MB is one of the pioneering banks integrating ESG (environment-social-governance) into its core business strategy. Last year, the bank implemented many social security programs, typically the "Hi-Green - Green Dawn" campaign with 100,000 trees planted in Truong Sa. This number is expected to reach 1 million trees in 2025.

Thanks to focusing on developing technological capacity and strong digital transformation, last year MB recorded the number of digital channel transactions reaching 6.2 billion, the largest in the market, an increase of 1.6 times compared to 2023, the successful transaction rate reached 99.97% with high security features. MB attracted 4.1 million new customers, bringing the total number of customers MB served by the end of 2024 to 30.2 million, demonstrating customers' strong trust in MB.

Assessing the business environment in 2025, Mr. Pham Nhu Anh, General Director, commented that the world economic forecast may be more positive, inflation expectations will decrease and monetary easing may boost the economy next year. However, there are still potential risks from geopolitical conflicts and increasing trade tensions. On that basis, MB continues to adhere to the motto of becoming a "Digital Enterprise, Leading Financial Group", prioritizing sustainable development, consolidating operational quality, investing resources, and building foundations for long-term development strategies.

Speaking about this year's key activities, Mr. Pham Nhu Anh added that the bank will stick to the motto "Acceleration - Substance - Efficiency" with the goal that by the end of 2025, MB will serve about 35 million customers and will reach 40 million customers by 2029, maintaining its position in the Big 5 banks in Vietnam. The bank will also optimize capital costs, continuing to maintain its top position in terms of CASA ratio (non-term deposits) in the entire system. MB's leadership also added that one of the important issues this year is the plan to buy back 100 million shares to protect shareholders' interests and corporate value from fluctuations in the stock market; and/or bring benefits to MB's existing shareholders.

The congress voted and approved a number of important contents: The 2025 plan of the Board of Directors, the Executive Board, the Supervisory Board; the plan to use equity capital in 2025; the implementation of the plan to compulsorily transfer commercial banks under special control,... and other contents under the authority of the general meeting of shareholders according to the provisions of law and the charter of MB. In 2025, the bank will use nearly 21.6 trillion VND to pay dividends, with a total rate of up to 35% through two forms: 32% in shares and 3% in cash. At the same time, it will issue an additional 62 million shares privately, equivalent to an increase in charter capital of 620 billion VND, this plan has been approved by the 2024 General Meeting of Shareholders. If the capital increase is completed, MB's charter capital is expected to increase from more than 61,022 billion VND to 81,368 billion VND.

Source: https://www.qdnd.vn/kinh-te/cac-van-de/mb-vao-nhom-ngan-hang-co-loi-nhuan-lon-nhat-he-thong-825949