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MB Bank CEO Pham Nhu Anh made the remarks at the bank’s annual general meeting on the morning of April 18, noting that rising market funding rates have pushed up lending rates and affected banks’ operations as well as businesses and consumers.
According to Anh, the banking system is currently “basically short of money.” He said the newly appointed governor of the State Bank of Vietnam recently convened 46 banks to discuss measures to reduce and ease lending rates. However, he added that market liquidity remains tight, making capital mobilization generally difficult for banks.
Anh cited changes in the market-wide loan-to-deposit ratio (LDR). He said the LDR was 95% in 2021, meaning 100 dong of deposits funded 95 dong of loans. “Currently it stands at 112%, meaning 100 dong of deposits fund 112 dong of loans,” he said, adding that system liquidity is in a difficult period.
At the AGM, MB leadership said 2026 presents both opportunities and challenges. The board proposed a 2026 business plan with the following targets:
Earlier, MB leadership reported that the bank achieved positive results in 2025, placing it among the Big 5 banks in asset growth. Consolidated assets reached more than 1.6 quadrillion dong, up 43.1% from 2024 and 21.9% above the plan set at the start of the year.
Credit outstanding at end-2025 reached more than 1.1 quadrillion dong, up 36.8% from 2024. Funding mobilization reached over 1 quadrillion dong, up 31.8% from 2024, supporting growth for the bank and for other institutions with the strongest expansion in the market.
On profitability, MB reported pre-tax profit of 34,268 billion dong in 2025, up 18.9% year-on-year and 8.9% above plan. ROE reached 24.1% and ROA 2%, according to the bank.
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