On Nov 27, 2009, HFM celebrated its 3rd anniversary and announced brand change into MBCapital under the witness of State Securities Commission’s representatives, investors, business partners and the press. The Company’s website was also launched on the same date at www.mbcapital.com.vn
MBCapital (formerly Hanoi Fund Management Company) was established in late 2006 with original capacity of VND 200 billion. After 3 years in operation, the Company has had two closed-ended funds and managed trust fund for more than 100 institutional and individual investors, both domestic and foreign. Up to September 2009, MBCapital’s total assets reached as high as VND 8,600 billion.
During the celebration, MBCapital officially announced its new brand which indicated MBCapital’s strong orientation and consistency to work closely with its parent MB Bank as a whole, thus, enhancing MB Group’s advantages in finance, banking, securities, insurance and investment areas.
MBCapital’s logo consists of 2 components. The foundation and origin of the brand derives from its parent company’s logo. The color blue represents stability and trustworthiness, followed by a red “Capital” indicating enthusiasm and devotion in bringing optimal benefits to customers.
Mr. Phan Anh, CEO, MBCapital, said the Company would soon launch joint products which were developed by itself and MB Bank to meet investment demands of the Bank’s individual customers. The Company also planned to establish a new fund to provide medium and long-term facilities to MB’s corporate customers.