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Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers ...
Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Unlike the related internet banking it uses software, usually called an app, provided by the financial institution for the purpose. Mobile ...
Source: World Bank (2014) [1] [2] [3] Source: Bain & Company (2012) [4] In the table below, usage is defined as the percentage of percentage of financial account holders who made a transaction using a mobile phone in the previous twelve months. Data is sourced from the World Bank's Global Financial Inclusion database.
MobiFone held a market share of 22.52% in 2023. Its main competitors included Viettel with 57.6%, VinaPhone with 17.49%, and Vietnamobile with 1.75%. MobiFone, along with VinaPhone and Viettel, the three large state-owned providers, held a combined market share of almost 98%. [2]
Tiên Phong Bank was founded on May 5, 2008. [2] [3] In August 2010, the bank increased its charter capital to VND 2,000 billion. [4]In December 2013, TPBank launched its official branding [5] [6] and in December 2014, the bank opened its new headquarters at 57 Lý Thường Kiệt, Hoàn Kiếm, Hanoi.
MB Bank was established on November 4th, 1994, with initial charter capital of 500 billion VND. [6] [7] In 2000, MB Bank established Thang Long Securities Company Limited (now Military Commercial Joint Stock Bank Securities Corporation - MBS) and Military Commercial Joint Stock Bank's Debt Management and Asset Exploitation Company (MBAMC).
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