Vietnam Maritime Commercial Join Stock Bank
Corporate brand
UnclaimedA Vietnamese joint-stock commercial bank serving retail, corporate, and other banking customers under the MSB brand.
Last updated September 23, 2026
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Overview
Vietnam Maritime Commercial Join Stock Bank, commonly known as Maritime Bank and branded as MSB since 2019, is a Vietnamese joint-stock commercial bank. The institution was established on July 12, 1991, in Haiphong and is described in the reference material as the first commercial joint-stock bank to receive a banking license in Vietnam. Its creation formed part of the development of Vietnam’s joint-stock banking sector alongside the country’s broader transition toward a more diversified financial system. The bank initially operated from Haiphong, a major maritime and commercial center in northern Vietnam. In 2005, it moved its headquarters to Hanoi, the country’s political and financial center. The relocation marked an important organizational step as the bank developed beyond its original local setting and sought to serve a broader national customer base. Maritime Bank’s business is centered on full-service commercial banking. Its broad customer scope includes individuals, small and medium-sized businesses, and larger corporate clients. Typical banking activities associated with the institution include deposit-taking, lending, payment services, transaction accounts, cards, electronic banking, and other services offered through retail and corporate banking channels. The available reference material does not provide a complete historical product catalogue or detailed financial statistics, so individual product names, market shares, revenue figures, and balance-sheet measures are not stated here. A major structural event occurred on August 12, 2015, when Maritime Bank merged with Mekong Development Joint Stock Bank. The transaction expanded the institution through the combination of two Vietnamese banking businesses. The reference material records total assets of approximately US$5.31 billion and charter capital of approximately US$507.35 million in connection with the merger, but does not specify the reporting convention, exact source currency methodology, or a more detailed post-merger financial breakdown; those figures are therefore not presented as current financial data. On January 14, 2019, the bank introduced a new logo and adopted MSB as its principal brand identity. The rebrand separated the bank’s customer-facing identity from the older Maritime Bank name while retaining continuity with the institution’s history. MSB remains the bank’s public-facing brand and is also used in connection with its listed equity ticker. The bank’s public positioning is that of a Vietnamese commercial bank offering services across retail and corporate segments rather than a narrowly specialized financial institution. The institution operates in Vietnam and is publicly listed under the ticker MSB. The supplied sources do not identify a parent company, controlling owner, founder, current or former chief executives, precise listing date, detailed branch footprint, or recent financial performance. Those fields remain unfilled rather than inferred. As a result, this entry records the bank’s documented founding, headquarters relocation, merger, and brand transition while avoiding unsupported claims about its current scale, ownership, profitability, or competitive ranking.
History
Vietnam Maritime Commercial Join Stock Bank was founded on July 12, 1991, in Haiphong. The bank is identified in the reference material as the first commercial joint-stock bank in Vietnam to be granted a banking license. Its establishment placed it among the early institutions in Vietnam’s joint-stock banking sector, which developed alongside the country’s economic and financial reforms. Haiphong provided the bank with its original institutional setting. As a major port and commercial center, the city was closely associated with trade and maritime activity, although the available material does not establish that the bank was limited to maritime finance. The institution’s business developed as that of a general commercial bank, serving retail and corporate customers through banking and financial services. In 2005, Maritime Bank moved its headquarters to Hanoi. The relocation brought the institution’s central administration to Vietnam’s capital and supported its evolution from a bank founded in Haiphong into a nationally oriented commercial banking organization. The supplied sources do not provide a branch-by-branch chronology, detailed customer numbers, or a complete account of product launches during this period. A significant corporate transaction followed on August 12, 2015, when Maritime Bank merged with Mekong Development Joint Stock Bank. The merger combined the two Vietnamese joint-stock banking businesses. The cited reference associates the transaction with total assets of approximately US$5.31 billion and charter capital of approximately US$507.35 million. Because the source does not provide a detailed accounting treatment or a full post-merger financial statement, these figures are recorded only as historical transaction context rather than as current financial indicators. The bank made a major branding change on January 14, 2019. It introduced a new logo and adopted the name MSB for its public identity. The change succeeded the Maritime Bank branding while preserving the institution’s continuity as the same Vietnamese commercial bank. MSB is also the ticker used for the bank’s publicly listed shares. Across its documented history, the bank’s principal role has been that of a full-service commercial institution. Its business scope encompasses retail banking and corporate banking, with the conventional range of deposits, lending, payments, transaction accounts, cards, and electronic banking services. The supplied reference material does not support a more granular description of current products, ownership, management, financial performance, or geographic reach beyond Vietnam. Accordingly, the historical record is strongest for the bank’s founding, move to Hanoi, 2015 merger, and 2019 rebrand.
- 2019
Rebrand to MSB
[1]The bank introduced a new logo and began using MSB as its principal brand identity on January 14, 2019.
- 2015
Merger with Mekong Development Joint Stock Bank
[1]Maritime Bank completed a merger with Mekong Development Joint Stock Bank on August 12, 2015.
- 2005
Headquarters relocated to Hanoi
[1]The bank moved its headquarters from Haiphong to Hanoi.
- 1991
Bank established in Haiphong
[1]Vietnam Maritime Commercial Join Stock Bank was established on July 12, 1991, in Haiphong and received a license as a commercial joint-stock bank.
Products and positioning
A full-service Vietnamese commercial bank with retail and corporate banking coverage, operating under the MSB brand.
Consumer banking
Retail banking
The bank’s retail-banking scope serves individual customers through consumer-oriented financial services. The available source material identifies retail banking as part of the institution’s business but does not enumerate specific current products, pricing, eligibility requirements, or distribution channels.
Business banking
Corporate banking
Corporate banking is a core part of the bank’s full-service commercial model. It covers banking relationships for business customers and may include lending, deposits, payments, and transaction services, but the supplied sources do not provide a detailed current catalogue or sector specialization.
Commercial banking services
Deposits, lending, and payment services
These are standard service categories associated with the bank’s commercial-banking role, including deposit-taking, credit, account services, and payments. No source-supported product names, launch dates, balances, or terms are available in the supplied material.
Marketing campaigns
- 2019MSB brand relaunch
Vietnam
The bank introduced a new logo and presented MSB as its new public-facing identity, replacing the older Maritime Bank branding.
Outcome. The institution continued operating as the same commercial bank under the MSB brand. The supplied source does not report campaign performance metrics.
Brand decisions
2019
Adoption of the MSB brandStrategyBackground
After operating under the Maritime Bank name, the institution refreshed its visual identity and public brand.
Action taken
On January 14, 2019, the bank launched a new logo and rebranded as MSB.
Aftermath
MSB became the bank’s principal customer-facing identity. No source-supported brand-performance figures are available.
2015
Merger with Mekong Development Joint Stock BankM&ABackground
Maritime Bank pursued a corporate combination with Mekong Development Joint Stock Bank as part of the development and consolidation of Vietnam’s joint-stock banking sector.
Action taken
The merger was completed on August 12, 2015.
Aftermath
The reference material records combined assets of approximately US$5.31 billion and charter capital of approximately US$507.35 million in connection with the transaction. It does not provide further operational or financial outcome data.
Total assets and charter capital associated with the merger. Total assets approximately US$5.31 billion; charter capital approximately US$507.35 million (August 12, 2015)
Sources2 sources
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