Military Bank appoints new vice chairman

Military Bank (MB) management board member Luu Trung Thai has been appointed vice chairman of the bank, according to an announcement on the MB's official website.

The announcement follows the appointment of two deputy general directors last month, Le Hai and Uong Dong Hung, who were previously responsible for regional business and customer service.

In late August, the bank reported it had deployed around VND321.4 billion (US$15.3 million) to upgrade work equipment and facilities, VND300 billion ($14.3 million) to invest in affiliates, and nearly VND3.6 billion ($171,400) to expand business and invest in the inter-bank market.

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