Mekong Housing Bank Explained

Mekong Housing Bank
Foundation:1997
Location:Ho Chi Minh City
Area Served:Vietnam
Industry:Banking
Fate:Merged with BIDV Bank
Key People:Huỳnh Nam Dũng (chairman)
Nguyễn Phước Hòa (director)
Assets:45,000 bn VND (2015)
Net Income:126 bn VND (2015)
Owner:State Bank of Vietnam

The Housing Development Bank of Mekong Delta or Mekong Housing Bank (MHB) (Vietnamese: Ngân hàng Phát triển Nhà Đồng Bằng Sông Cửu Long) was a Vietnamese commercial bank operated from 1997 to 2015. At its peak, the bank employed more than 5,000 employees and had 44 branches and 187 sub-branches.

In 2015, the bank merged with Bank for Investment and Development of Vietnam (BIDV), ending its operation.[1]

Notes and References

  1. Web site: VIR . Vietnam Investment Review- . 2015-05-29 . BIDV closes Mekong Housing Bank merger . 2024-06-14 . Vietnam Investment Review - VIR . en.