mb innovation lab a nudge for digital innovation of vietnamese bank ecosystem

MB Innovation Lab: a nudge for digital innovation of Vietnamese bank ecosystem

Digital transformation has been embedded into the DNA of banks across the globe as a prerequisite for long-term, sustainable growth. Adding to its broad set of cutting-edge banking services, digitally-led Military Commercial Joint Stock Bank (MB) has just embarked on a new journey with its new Digital Innovation Lab.
considering the implications of fiscal reformations

Considering the implications of fiscal reformations

To cope with the ongoing pandemic, the central banks of many nations have significantly expanded their balance sheets by using non-traditional monetary policies by increasing money for purchasing government bonds and even corporate bonds. Meanwhile, the People’s Bank of China (PBoC) has limited balance sheet expansion but used an effective monetary policy for the Chinese economy.
extending public debt limit to navigate full recovery

Extending public debt limit to navigate full recovery

In addition to the efforts in fighting against coronavirus, governments and their central-run banks have provided numerous policies to help people and businesses.
reimagining the customer experience in digital banking

Reimagining the customer experience in digital banking

Vietnam’s digital banking scene has experienced significant changes in recent years, with banks and fintech innovators launching an impressive array of digital tools ranging from mobile payments solutions and wealth management platforms to e-commerce systems. Some of these digital propositions have scaled rapidly, making Vietnam one of Asia-Pacific’s fastest growing markets for digital banking.
debt trading interest creates call for new framework

Debt trading interest creates call for new framework

New legislation is needed to secure the future of debt trading – and with prudent tweaks to the current regime, Vietnam could open up the market for retail trading on its newest platform, bringing together banks and investors.
co financing deals shore up belief in deep rooted growth

Co-financing deals shore up belief in deep-rooted growth

Recent loan and credit agreements among Vietnamese banks and international financial organisations are reinforcing faith in promoting long-term growth prospects in Vietnam through renowned banks.
banks record higher profits some exceeding annual plan

Banks record higher profits, some exceeding annual plan

Multiple banks recorded prosperous business results in the first nine months of 2021 despite the negative impacts caused by the COVID-19 pandemic, with some even exceeding business targets for the whole year.
mb in top 4 vietnams most prestigious commercial banks

MB in top 4 Vietnam’s most prestigious commercial banks

Military Joint Stock Bank (MB) ranked fourth in the top 10 of Vietnam’s most prestigious commercial banks in 2021 in recognition of the bank's proactive response to the pandemic as well as the swift digital advancement to offer tailor-made services addressing customers' unique needs.
offering credit caution for corporate bond players

Offering credit caution for corporate bond players

Vietnamese banks and real estate developers are foraying into the corporate bond arena as it is offering attractive yields for their portfolio diversification strategies. Thomas Kollar, partner of law firm Mayer Brown based in Hong Kong, writes about how some major risks could result in a systemic shock for developers and lenders that want to be involved.
private banks scoop up profit while cutting loan yields

Private banks scoop up profit while cutting loan yields

Despite gloomy economic conditions and profound uncertainty from the quarter just ended, six privately-held commercial banks have revealed huge jumps in profit in their latest business reports.
banks report healthy three quarter profit picture

Banks report healthy three-quarter profit picture

Many banks have published business reports for the first three quarters, depicting a generally bright profit picture.
lenders energise foreign owned power projects

Lenders energise foreign-owned power projects

A handful of local and foreign banks are leveraging their insights and optimising financial resources to promote energy and power transition in Vietnam, thus contributing to the country’s sustainable national energy policy.
investors cautioned over bond issuance vulnerabilities

Investors cautioned over bond issuance vulnerabilities

Credit-challenged companies, especially banks and real estate providers, are finding another way around their continuous capital needs by tapping into the corporate bond issuance market, which remains particularly vulnerable to economic downturns and incomplete legal frameworks in Vietnam.
three strategies for incumbent banks to jump aboard digital lending

Three strategies for incumbent banks to jump aboard digital lending

Building a new lending product from scratch, buying a pre-built digital lending platform, or partnering with fintech startups are the three most viable routes for traditional banks to jump into digital lending, according to KMS Solutions, Mambu, and Kuliza, the world-leading providers of digital banking solutions.
private airlines ask for zero interest loans

Private airlines ask for zero-interest loans

Private airlines have requested access to 0 percent interest loans, similar to the support Vietnam Airlines (VNA) - the country's flag carrier - is entitled to, heard a meeting among the State Bank of Vietnam (SBV), commercial banks and the airlines.