Military Commercial Joint Stock Bank - Company Profile
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Military Commercial Joint Stock Bank (MB) is a provider of banking and other related services. Adequate capital, improved non-interest income, and business performance of Banking and Finance segment are some of its strengths, even as asset quality and increase in operating expenses remain causes for concern. The growing market for payment channels in Vietnam, the emergence of FinTech, and strategic initiatives could provide ample growth opportunities to the bank. However, emergence of neobanks, competition and risks related to online identity theft and hacking could pose challenges to the bank’s operations.
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