Establish on 18th Sep 1997 as a State-owned Commercial Bank. Compared to other State-Owned Banks (SOCBs), MHB is the youngest, yet the fastest growing one.
Among top-ten banks in Vietnam in term of total asset: VND39,779 billion (equivalent to USD2 trillion) (31st Dec 2009), an increase of 111 times compared to the commencing day.
Among top-ten banks in Vietnam in term of network: more than 200 branches and sub-branches in 32 provinces nationwide.

MHB has maintained and expanded its correspondent relationships with approximately 300 foreign banks in 50 nations worldwide.

The total number of MHB’s staff has grown from 84 at its inception to nearly 3,000 with an average age of 29.

Modern technologies support and establish electronic transactions for ATMs, Point-of-Sale terminals, Internet Banking, and other retail banking products and services.
MHB officially joined the Vietnam Bank Card (VNBC) and Banknet. MHB’s card holders can use 3,500 ATM of those 2 systems nationwide.
Member of VISA International and to be a member of the China Union Pay (CUP) and Master Card international networks.
Implementation a Core Banking System that would dramatically change MHB’s technology and working procedures.
Developing a Management Information System with assistance from the WB, under the Banking Modernization Project, to fully adapt with the International Accounting Standard, to ensure its full compliance with statutory reporting requirements, capable of handling requirements for effective management of the loan portfolio, interest rates, foreign exchange, and liquidity risk management.
Completely conducted the SECO Technical Assistance Project (2006-2008) that is part of the program of the Swiss Government to aims at restructuring Vietnam’s financial sector. Project help MHB in mapping out restructuring strategy in accordance with the international standard and practice for banking management that be prepared for equitization and integration process.

MHB’s core business include the granting of loans to Small & Medium-size Enterprises (SMEs), as well as loans to individuals & households, especially asset-secured loans for construction companies to develop infrastructure for residential areas, particularly in the Mekong Delta region. Loans and investments has grown from VND1,206 billion (2001), to VND20,136 in 2009, representing a sixteen-fold increase.

In 2009, MHB’s equity grew to VND 1,200 billion, reaching a capital adequacy ratio of 8.05%. - MHB has a secure funding source of VND1,000 billion long term trusted fund from Agency Francaise de Development, World Bank (RDF2) and State Bank of Vietnam (ADB funded project and SMEFPII project).

In the near term, Increasing profitability and sustainability shall be the focus of MHB’s management with plans to diversify its activities as following:

• Research and development of new credit products and services, while ensuring the enhancement of the traditional ones;
• Offering a new range of saving products.
• Development of innovative products and services for Small and Medium-size Enterprises (SMEs);
• Expanding technological development to support new product launched and to meet the growing demands of its customers.

On the basis of the outstanding performance and contribution to the Mekong Delta’s economy, MHB has continued to receive strong support from the people in the region’s as well as the central and local governments, the factor which few other financial institutions could enjoy.

Vision

To become one of the most favorite bank in Vietnam on Retail and SMEs banking.

Mission

MHB commit to bring out good services products which based on understanding thoroughly customer’ insight and commit to serve customer thoughtful with a leading professional style.