MB Securities

What MB Securities does

MB Securities Joint Stock Company (MBS) is a Vietnamese securities brokerage firm headquartered in Hanoi and a member of MB Group (the Military Commercial Joint Stock Bank financial ecosystem). Founded in 2000 as one of the first six securities companies licensed in Vietnam, MBS is publicly listed on the Hanoi Stock Exchange (ticker MBS) and operates with 501-1,000 employees. It delivers a full-service securities platform spanning stock, derivative, bond, and covered-warrant trading; margin financing; investment banking (equity capital markets, debt capital markets, M&A advisory, corporate finance); securities custody and clearing; and proprietary research, serving retail investors, domestic and foreign institutional clients, and corporate issuers.

MBS operates a multi-channel distribution model anchored by its S24 web trading platform and the MBS Mobile App (iOS/Android), supported by physical transaction points, a dedicated institutional sales force, and an investment banking division. Customer acquisition is driven by promotional campaigns (including a gold-prize incentive program with Bảo Tín Mạnh Hải), proprietary research publications, investor conferences, and the M-Partner collaborator/agent program for third-party distribution. Premium wealth management is delivered through the Prio Private tier for high-net-worth clients. Technology infrastructure centers on the S24 platform, the mobile app, and Dolphin AI, a chatbot handling customer trading queries and account operations, alongside GBond, a government bond investment product.

MBS generates revenue from brokerage commissions and transaction fees, margin lending interest income (with tiered rates ranging from 9.6% for new customers to 12.5% for priority tiers, plus preferential rates for MB Group employees), investment banking advisory and underwriting fees, securities custody and clearing fees, and proprietary research services. Its cost and capital base are anchored inside the MB Group banking ecosystem, providing captive client flow and shared back-office infrastructure, while its capital position has been actively expanded via a 2024 public share offering and a 2025 proposed charter capital increase.

Name

MB Securities

Legal name

Công ty Cổ phần Chứng khoán MB

Website

https://mbs.com.vn

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

501–1,000 employees

Short description

MB Securities (MBS) is a Vietnamese securities firm within MB Group, offering stock and derivative brokerage, margin lending, investment banking, custody, and research to retail, institutional, and corporate clients via digital and traditional channels.

Ownership category

akta.pro rank

Product category

Securities Brokerage & Investment Banking

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (523940)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Securitized Products (MBS/ABS/CMBS) (FSAAAHAE)

akta.pro secondary industry

Management Buyouts (MBO/MBI) & Sponsor-Led Transactions Advisory (FSAEAGAI)

Keywords

• Securities brokerage
• Investment banking
• Margin lending
• Equity research
• Asset custody

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Securities Brokerage: Commission-based brokerage services for buying and selling securities including stocks, derivatives, covered warrants for retail and institutional clients. Core revenue stream from trading commissions and fees.
2. Margin Lending: Margin financing services providing leverage to clients for securities purchases, generating interest income on outstanding margin loans.
3. Investment Banking: Corporate finance advisory services including ECM (equity capital markets), DCM (debt capital markets), M&A advisory, and listing advisory. Revenue from advisory fees and underwriting.
4. Securities Custody and Clearing: Custody services for institutional clients providing securities depository, clearing and settlement services.
5. Research Services: In-depth market analysis, industry reports, and equity research provided to support investment decisions.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels6 records

Core offering

MB Securities (MBS) is a Vietnamese securities brokerage and investment banking firm that provides trading services in stocks, derivatives, bonds, covered warrants, and open funds, alongside capital markets advisory (ECM, DCM, M&A), margin financing, and securities custody and clearing services. Operating under the MB Group umbrella, MBS serves retail investors, high-net-worth individuals, domestic institutions, and foreign clients with a combination of digital trading platforms and traditional advisory.

Product overview

MB Securities (MBS) is a comprehensive securities and investment banking firm offering a multi-product platform. The core offering includes stock trading, derivatives, bonds, covered warrants, and open funds. Additional services encompass an AI-powered investment assistant (Dolphin AI), financial services, and the S24 digital trading platform. For institutional clients, MBS provides custody services, Non Pre-funding services for foreign investors, and investment banking services including ECM advisory, DCM advisory, M&A advisory, and Corporate Finance advisory. The company also offers research and analysis reports covering Vietnam market outlook, industry analysis, and equity research.

Differentiator

Problem solved

Functional benefit

Brands

• Dolphin AI: AI-powered trading assistant platform for investors
• Prio Private
• S24
• MBS Mobile App
• GBond

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Công ty Vàng bạc đá quý Bảo Tín Mạnh HảiminorGTM or Marketing Partner · 22 June 2026MBS partnered with Bảo Tín Mạnh Hải, a leading gold and jewelry company in Vietnam, for the promotional campaign 'Giao dịch hay - Trúng vàng ngay'. The campaign offers gold prizes and vouchers to new customers who open accounts and trade at MBS. Total prize value exceeds 2 billion VND.

Scale indicators3 records

Recent moves3 records

Expansion highlights6 records

Direct peers

• SSI Securities Corporation: Vietnam's largest securities firm by market share, offering brokerage, investment banking, asset management, and proprietary investment. Directly comparable to MBS in product breadth and customer segments, but at meaningfully larger scale.
• VNDirect Securities: Top-tier Vietnamese securities firm offering brokerage, investment banking, and digital trading platforms. Competes head-to-head with MBS in retail brokerage and IB advisory.
• Mirae Asset Securities (Vietnam): Foreign-affiliated Vietnamese securities firm offering brokerage, investment banking, and margin lending. Comparable to MBS in product offering, with stronger international institutional reach.
• KIS Vietnam Securities: Korean-affiliated Vietnamese securities firm with brokerage, investment banking, and margin services. Directly competes with MBS for retail and institutional clients in Vietnam.
• VPBank Securities (VPS): Brokerage subsidiary of VPBank, one of Vietnam's largest banks. Directly competes with MBS in retail brokerage and digital trading, with strong retail investor acquisition capability.
• Yuanta Securities Vietnam: Taiwanese-affiliated Vietnamese securities firm offering brokerage, investment banking, and margin financing. Comparable business model and target market to MBS.
• Ho Chi Minh Securities Corporation (HSC): Major Vietnamese securities firm offering brokerage, investment banking, and research. Operates with similar business model and target customer base as MBS, with a long-standing institutional and retail franchise.
• BVSC (Baoviet Securities): Securities subsidiary of Baoviet Holdings, offering brokerage, investment banking, and asset management. Comparable to MBS as a financially-backed Vietnamese securities firm with multi-product offerings.
• ACBS (Asia Commercial Bank Securities): Securities arm of Asia Commercial Bank, providing brokerage, investment advisory, and custody services. Closely comparable to MBS as a bank-affiliated securities firm in Vietnam.

Others

• MB Bank (Military Commercial Joint Stock Bank): Parent company of MB Group and ultimate parent of MBS. Listed for context — MBS leverages MB Bank's customer base and brand for cross-selling, but they operate in distinct banking vs. securities categories.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/CKMBS
• LinkedInlinkedin.com/company/mb-securities-jsc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MB Securities