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MB Bank postpones annual meeting

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MB Bank postpones annual meeting

HÀ NỘI – The Military Co妹妹ercial Joint Stock Bank (MB Bank) has decided to postpone its annual shareholders’ meeting.

The meeting was scheduled for April, but the bank has decided to put it off until the end of June.

The decision was made as the Government and authorities in Hà Nội attempted to prevent the spread of the coronavirus.

MB Bank postpones annual meeting

As of yesterday, there were  一 四 八 cases across the country.

Central and provincial governments have banned all events and meetings and closed stores and restaurants that attract large numbers of people.

MB Bank recorded VNĐ 一0 trillion (US$ 四 二 九 million) in pre-tax profit in  二0 一 九, up  二 九 per cent year on year and  五 per cent higher than the annual target.

Total outstanding loans rose  一 五. 五 per cent on-year to nearly VNĐ 二 四0 trillion, and total assets were up  一 三 per cent on-year to VNĐ 四00 trillion.

MB Bank postpones annual meeting

The bank's shares (HoSE: MBB) lost  三. 八 per cent to end Thursday at VNĐ 一 五,0 五0. – VNS

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