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Manulife Vietnam holds a 'huge' amount of shares in a major bank

(NLDO) - Manulife Vietnam is a 100% foreign-owned life insurance company, entering the Vietnamese market in 1999.

Người Lao ĐộngNgười Lao Động18/03/2025

Military Commercial Joint Stock Bank ( MBBank , stock code: MBB) has just updated the list of shareholders owning 1% or more of the bank's charter capital.

Specifically, based on the list of MBB share ownership as of February 28, 2025 provided by the Vietnam Securities Depository and Clearing Corporation, UBS AG London Branch currently owns nearly 130 million MBB shares, equivalent to 2.13% of charter capital. People related to this organization do not own MBB shares.

Meanwhile, Manulife (Vietnam) Company Limited owns more than 61.67 million MBB shares, equivalent to 1.01% of MB Bank's capital. Related persons of this shareholder also own more than 2 million MBB shares, equivalent to 0.03% of MBBank's capital.

Manulife Việt Nam nắm giữ lượng cổ phiếu 'khủng' tại một ngân hàng lớn- Ảnh 1.

List of shareholders owning 1% or more of charter capital at MBBank Source: MBBank

Manulife Vietnam is the first 100% foreign-owned life insurance company in Vietnam. The company entered the Vietnamese market in 1999.

Previously, MBBank announced the list of shareholders holding more than 1% of the bank's charter capital until October 2024.

Of which, the Military Industry and Telecommunications Group ( Viettel ) holds more than 780 million shares, equivalent to 14.7% of charter capital. The State Capital Investment Corporation (SCIC) holds more than 521 million shares, equivalent to 9.83% of capital.

Saigon Newport Corporation holds nearly 376 million MBB shares, equivalent to 7.1% of charter capital.

Vietnam Helicopter Corporation holds 447 million shares, equivalent to 8.43% of capital.

Prudential Vietnam Life Insurance Company Limited holds 65.7 million shares, equivalent to 1.2%...

  • OceanBank changes name, MB puts leaders in "hot seat"

At the investor conference with outstanding information on business results in 2024 and implementation of tasks in 2025 organized by MBBank, Mr. Pham Nhu Anh, Member of the Board of Directors, General Director of the bank, said that in 2024, the bank's credit growth will be more than 24.3%. This is an increase that is outstanding compared to the industry average.

The bank's individual pre-tax profit reached more than VND27,600 billion, up about 12.9% over the previous year, completing the set target.

In 2025, MBBank continues to set a high credit growth target of about 25-26% after receiving the mandatory transfer of MBV (Ocean Bank changed its name).

With the Government's economic growth target of about 8% in 2025, credit growth is expected to remain high.

Source: https://nld.com.vn/manulife-viet-nam-nam-giu-luong-co-phieu-khung-tai-mot-ngan-hang-lon-196250318184657085.htm


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