MILITARY COMMERCIAL JOINT STOCK BANK
Long
Updated

MB Bank

148
Viettel Group14.14%
Government 9.43%
(State Capital and Investment Corporation)

P/E 4.7
P/B 1.0

90% similarity of VNindex movement.
This can be another good alternative Index investment with promising dividend. (Most Vietnam index fund ETF do not distribute dividend, unlike Vanguard/ BlackRock ETF products.)
Unique brand value.

MBS : MB securities
MIG : MB insurance

With the IT/ security support and research from Viettel Group, the Bank will have enough resource to deal with growing of future Fintech Companies. However MB has not showed any innovative products/ services, remain traditional banking.

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