MB SECURITIES JOINT STOCK COMPANY

MB SECURITIES JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN CHỨNG KHOÁN MB): A Military Bank-Backed Powerhouse in Vietnam’s Financial Sector

Among Vietnam’s growing list of formidable securities firms, MB SECURITIES JOINT STOCK COMPANY, known simply as MBS, stands out for its solid backing, consistent growth, and strategic positioning. As a subsidiary of the well-established Military Commercial Joint Stock Bank (MB Bank), MBS benefits from strong institutional support, disciplined management, and access to a broad retail client base. While it may not yet rival the media attention surrounding giants like VPS COMPANY, SSI, or VIETCAP, MBS is steadily proving itself as a dynamic and trustworthy competitor in Vietnam’s bustling capital market.

Legal Structure and National Footprint

Founded on December 9, 2013, MBS is legally registered as a joint stock company under Business ID and Tax Code 0106393583, and is supervised by the Hanoi Department of Planning and Investment. The company is publicly listed on the Hanoi Stock Exchange (HNX) under the stock symbol MBS, and operates from its headquarters at No. 21 Cat Linh Street, Dong Da District, Hanoi. With a network of branches spanning both Hanoi and Ho Chi Minh City, the firm offers convenient access for investors across Vietnam.

Strategic Leadership and Military-Backed Governance

MBS is led by Chairman Le Viet Hai, with Mr. Vu Thanh Trung serving as Deputy Chairman and Mr. Phan Phuong Anh as General Director. The leadership team blends financial expertise with a strong governance ethic inherited from its parent bank, MB Bank — which holds 79.74% ownership in the company. This state-affiliated connection reinforces MBS’s stability and trust among investors who prefer institutions with government-linked credibility.

Financial Performance: Stability with Strategic Growth

In the fiscal year ending December 31, 2023, MBS recorded total assets of USD 629.6 million, marking a significant 44.01% increase from the previous year. Equity reached USD 206.98 million, while net income grew by 13.58% to USD 23.99 million, reflecting efficient cost control and profitability. Though total operating revenue saw a slight dip to USD 74.6 million, the company's EBITDA of USD 46.98 million indicates continued strength in its core operations. MBS has demonstrated resilience amid sector-wide revenue declines, emphasizing its ability to adapt and grow sustainably.

Robust Services and Diverse Capabilities

MBS offers a full spectrum of financial services including securities brokerage, investment advisory, depository services, underwriting, investment banking, and proprietary trading. Its deep integration with MB Bank’s digital ecosystem gives MBS a competitive edge in customer acquisition and financial product cross-selling — an advantage few independent brokerages can match.

Attractive to Conservative and Institutional Investors

For retail investors seeking security and simplicity, or for institutions looking for a well-capitalized partner, MBS presents an appealing option. Its military banking heritage, solid financials, and national reach make it a reliable choice. The firm's disciplined approach, particularly in risk management and compliance, positions it as a safer long-term bet in a market known for its volatility.

Independent Insights with VBI

Investors looking to engage with MBS or assess its competitors such as VIETCAP, SSI, or VPS should consult independent evaluations from VANGUARD BUSINESS INFORMATION LLC (VBI). As a leader in business intelligence and risk management services, VBI provides deep financial analyses, governance insights, and operational reviews that help clients mitigate risk and make strategic choices. Visit https://www.vnbis.com for more on VBI’s offerings.

Conclusion: MBS Moves with Purpose and Precision

In a financial landscape crowded with aggressive players and flashy growth stories, MB SECURITIES JOINT STOCK COMPANY moves with quiet confidence and strategic precision. With strong financial backing, experienced leadership, and a clear focus on long-term growth, MBS is steadily becoming a pillar in Vietnam’s securities industry. For those seeking both performance and prudence, MBS is a firm worth following — and trusting.