E ISSN: 2583-049X

International Journal of Advanced Multidisciplinary Research and Studies

Volume 4, Issue 2, 2024

Developments of Capital Mobilization Activities at Thanh Xuan Military Joint Stock Commercial Bank in Vietnam Recently

Author(s): Cao Mai Quynh


In the current era of industrialization and modernization, banking is a key sector in the field of capital mobilization, playing a key role in channeling capital to the economy. If commercial banks operate well and capital flows properly and continuously, it will create momentum for the economy to develop. Currently, when foreign bank branches are allowed to operate in our country's market, competition between banks is extremely fierce. To survive and stand firm in the market, banks need to have a strong enough capital source because capital is the most important premise in all commercial banking activities. To have a strong enough capital source, commercial banks must carry out many activities to mobilize a large enough capital source to meet the bank's business needs. Vietnamese commercial banks have not been in operation for long, their capital mobilization methods are still monotonous, inappropriate and do not meet the needs of the economy. Military Commercial Joint Stock Bank (MB) Thanh Xuan is no exception to that trend. The article focuses on studying the evolution of MB Thanh Xuan's capital mobilization activities in terms of currency type: VND or foreign currency, by term, and by mobilized objects: Residents or organizations; From there, we propose solutions to improve mobilization efficiency at MB Thanh Xuan, including expanding capital mobilization forms, implementing attractive flexible interest rate policies, diversifying capital mobilization forms, and building a reasonable customer strategy and regular training and improvement of staff quality.

Keywords: Mobilizing Capital in Local and Foreign Currencies, Term and Non-term Deposits, Economic Organization Deposits, Residential Deposits, MB Thanh Xuan Bank

Pages: 522-527

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