According to the Organizing Committee, this ranking was built under the advice of leading economic experts from Harvard Business School, referring to prestigious rankings in the world. The Top 50 evaluation process is based on continuous business results for 3 years, with four core growth indicators: compound revenue growth, average return on equity (ROE), stock return efficiency and market capitalization. This objective evaluation method reflects the management capacity and operational efficiency of the enterprise. Over the past 13 years of organization (2011 - 2024), the Top 50 has honored leading enterprises, contributing to promoting the sustainable development and prosperity of the Vietnamese economy.
Mr. Nguyen Phi Hung, Deputy General Director of MSB, received the award.jpg
Mr. Nguyen Phi Hung, Deputy General Director of MSB said: “Being included in the list of '50 most effective businesses' once again affirms our efforts on the journey to make MSB the most customer-friendly and profitable bank in Vietnam. This result is based on the bank's flexible business plan in the context of a volatile market over the past 3 years. In particular, MSB has continuously brought breakthrough experiences on digital platforms, contributing to orienting banking operations towards a more sustainable direction”. According to MSB, in the first 9 months of 2024, the bank achieved a consolidated pre-tax profit of more than VND 4,900 billion, thanks to stable growth in both net interest income and non-interest income. Specifically, total operating income (TOI) reached nearly VND 9,970 billion; In which, net interest income recorded nearly 7,105 billion VND, up 4% over the same period last year, non-interest income accounted for about 29%. Sectors such as credit cards and foreign exchange contributed positively, showing the effectiveness of the strategy of diversifying revenue sources and aiming for sustainable development. MSB's total assets also recorded an increase of nearly 13% compared to the end of 2023, reaching more than 300,700 billion VND. By being honored in the Top 50 Most Effective Business Companies in Vietnam, MSB continues to commit to bringing outstanding financial solutions and practical values ​​to customers and the community.

Phuong Dung