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At the sidelines of the 2026 annual general meeting, MB Bank (MB) CEO Pham Nhu Anh said the bank aims to lift profit growth to at least 15% and strive to reach 20%. To achieve this, MB’s strategy focuses on two core pillars: maximizing revenue and optimizing costs.
On the revenue front, MB is restructuring its balance sheet and focusing resources on priority customers to generate sustainable income. In 2026, MB expects credit growth of 30-35%. The bank said this pace is designed to outpace revenue growth to offset a narrowing net interest margin (NIM) as funding costs rise.
MB also aims to rebalance its credit portfolio so that net interest income (NII) grows by more than 20%. In parallel, the services segment is being expanded to ensure total bank revenue grows by 20%.
On costs, MB plans to continue leveraging digital transformation to keep operating expenses low. At the same time, risk management will be tightened to help reduce provisions. MB said the coordinated deployment of these measures provides a foundation to achieve its profit target.
MB’s CEO said the bank has room to grow its credit portfolio. After a compulsory transfer (MBV), MB is positioned to accelerate over the next four years. In 2026, the bank expects room to grow up to 35% per year for the next three years.
To exploit this upside while maintaining system safety, Pham Nhu Anh emphasized focusing on retail and low-risk sectors. “MB accepts a slightly lower margin, but the trade-off is faster scale growth and absolute capital safety,” he said.
MB noted that credit growth requires substantial fundraising to maintain balance and liquidity ratios. The bank said its customer base is central to this plan. In 2026, MB aims to reach 40 million customers, which would help maintain a CASA ratio of 36-38%. MB said this cushion reduces funding costs and supports 35% annual credit growth in the coming years.
Beyond business goals, MB said it follows government and State Bank directives. After a directive to reduce minimum deposit rates by 0.5%, MB implemented it immediately. The bank said it also cut lending rates to support enterprises and improve the economy’s capacity to absorb capital.
On its long-term vision, Pham Nhu Anh said MB is a founding member of the International Financial Center located in Ho Chi Minh City (VIFC-HCMC). As a founding member, MB said it is eligible to establish a subsidiary bank under this center.
“We are researching and outlining a concrete plan for the subsidiary bank at the International Financial Center. The core objective is to connect global financial institutions to Vietnam and strengthen MB’s financial ecosystem,” he said.
MB added that the strategic directions and supporting mechanisms for the subsidiary bank are currently being developed and carefully calculated.
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