13 valedictorian freshmen and 60 students majoring in business analysis from the Hanoi University of Science and Technology (HUST) took part in a tour at MB to gain invaluable insight into what it takes to be an IT worker in modern banking
The MB Company Tour was held in mid-February at MB's head office in Hanoi, MB Tower. The programme is part of an ongoing collaboration between MB and HUST, the country’s top-tier tech and science school.
Nguyen Xuan Hoc, member of the Executive Board and Director of IT at MB, gave the opening remarks and highlighted the vast potential of Vietnam's IT sector.
"While working for prominent digital firms and financial organisations, such as MB Group, you will be tasked with projects of great complexity using the world's most advanced systems, and first-hand experience of the corporate world will help young talent to fulfill their potential,” he said.
Hoc also stated that outdated stereotypes about IT staff in the banking industry should be dispelled, adding that current operations are no longer restricted to system administration.
“IT experts should prepare to embrace the next major phase of digital transformation in the banking industry. As a leading financial institution with innovation in its DNA, MB would be proud to welcome young tech talents to support expanded digitisation throughout the bank,” Hoc said.
Vice rector of the School of Information & Communication Technology at HUST, Dr. Nguyen Thanh Hung, emphasised the vital role of corporations in the whole transformation agenda. “In the post-pandemic era, there is an urgent need for Vietnamese financial institutions to have a rock-solid foundation of core systems. That is the reason why we have to orient and nurture top IT talent to work in the finance and banking industry,” he said.
At the event, Nguyen Xuan Hoc and Do Thi Quynh, deputy director of Human Resources at MB, awarded scholarships worth VND130 million ($5,400) to 13 new valedictorians from the School of Information & Communication Technology, including three international Olympic medallists.
Directly after the scholarship awards ceremony, a talk show took place with the participation of MB experts sharing their in-depth perspectives on the banking profession. More than 70 students experienced their first visit to a working space at MB Tower and learned a lot from the bank’s IT staff. Currently, there are more than 2,000 IT engineers working at MB.
The opportunity also marked a significant milestone in the partnership between HUST and MB Group. With its motto, “digital to the core”, MB Group believes the future of financial services depends on the efficient models that IT can deliver.
| ||MB listed among top companies with best annual reports in Vietnam |
MB was recently recognised as one of the top 10 large-cap listed companies with the best annual reports in 2022 thanks to the inclusion of a sustainability report, responsibility for environmental protection, social security, and great compliance with corporate governance criteria in line with domestic and international practices.
| ||Glowing reports from 8th MB Economic Insights |
Despite the bleak outlook for the world economy in 2023, the 8th Annual MB Economic Insights Conference themed “Financial optimisation ahead of diversification challenges” was a resounding success.
| ||MB pioneers cutting 1 per cent from lending interest rates for corporate clients |
In this challenging economic climate, Vietnamese businesses are concerned over rising interest rates, which could hamper their cash flow and profits. In response, Military Commercial Joint Stock Bank (MB) is cutting 1 per cent from its lending rates for businesses reporting less than VND100 billion ($4.3 million) in sales.
By Luu Huong