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Thesis
CHAPTER 3: CURRENT SITUATION OF RETAIL BANKING AT MILITARY BANK
3.1. Overview of Military bank
3.1.1. Introduction
Military Commercial Joint Stock Bank (MB) was established in 1994, following Decision
No 00374/GP - UB of people committee of Hanoi and Decision 0054/NH - GP of The State
Bank of Vietnam. Creation Shareholders of Military bank consist of prestige company of
Department of national defense (including Than An construction corporation, Truong Son construction corporation, Tan Cang company ) and a part fund of Viet Nam foreign trade bank(VCB). Following 12 years of operations, The Military bank has formed a firm foothold in the market and become a trusted address for financial activities of clients at home and abroad.
Chasing safe business and complying with international practices, which made the bank’s operation stable, transparent, efficient - boasting continuous growth.
Military Bank separated into Retail Banking and Corporate Banking: - Retail Banking: Executing business activities related to individual customers, household, small businesses...
Department of Research and Development Product of Retail Banking also builds plan to expand products and services to individual customers. Retail Banking proposes network expansion along with call center and remittance service development.
- Corporate Banking:
The military set up the regulation of operation mechanism for its Corporate Banking unit and division, deployed some products and samples without value along with products such as discount, loans for construction enterprises and loans for small packages with limitations.
The bank appraised operation and built project for the development of Corporate banking unit The bank also executed several programs and solutions in preparation for its new development stage. The programs and solutions focused on improving management capability, risk

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