AsemconnectVietnam - With a strategic vision of becoming a financial corporation and a comprehensive digital transformation enterprise in the period 2022 - 2026, Military Commercial Joint Stock Bank (MB - MBB stock code: HOSE) determines smart risk management and surpasses Excellence is always a key foundation at strategic stages.

As a pioneer bank in applying risk management standards according to international practices, MB has now become one of the first banks to meet Basel II standards for all 3 pillars from 2020.
The application of advanced liquidity risk management standards has helped Military Commercial Joint Stock Bank (MB) remain resilient in the face of market difficulties. During periods of market stress, MB always complies with safety limits according to regulations of the State Bank, maintaining an abundant source of liquidity to ensure that MB is fully capable of ensuring its financial obligations in every possible situation.
Aiming for higher standards, MB is always a pioneer in researching advanced practices and applications in liquidity risk management. MB focuses on improving the quality of resource use, optimizing resources, liquidity buffers, and liquidity risk management capacity; In particular, the bank has proactively built a tool to calculate the Liquidity Coverage Ratio (LCR) and Net Stable Funds Ratio (NSFR) from 2021-2022 according to strict regulations of the Basel Committee, and applying the calculation results in operating direction, balancing growth goals, and ensuring sustainability in the bank's liquidity profile.
In June 2024, within the scope of the Basel III project, PwC independently reviewed, evaluated and recognized MB's compliance with Basel III regulations in measuring LCR and NSFR. This is the basis to help MB be more steadfast in its choice to build a solid risk management framework, affirming strong, safe, effective and sustainable business development.
Previously, MB continuously won prestigious international awards for risk management such as: Bank with the best liquidity risk management activities in the Asia-Pacific region (2021) by The Asian Banker , Innovation Excellence Award by Oracle (2023) for organizations with outstanding innovation in applying OFSAA platforms to internal governance and ensuring compliance with international standards (Basel II), Model Risk Manager Award by Celent (2024) thanks to the successful implementation of a near real-time maximum expected loss (VaR) calculation tool.
On the eve of its 30th birthday, MB continues to affirm itself as one of the pioneering banks in applying international risk management standards to ensure safe and sustainable development in the future helping MB firmly implement its strategic vision "Becoming a digital enterprise, a leading financial group".
N.Nga
Source: VITIC/Tinnhanhchungkhoan