MBB [MARKET PERFORM +7.7%] - CASA improvement supports bottom-line growth - Update 18 Aug 2021 Company Research We raise our target price (TP) by 10% to VND 33,500/share but maintain our MARKET PERFORM rating as MBB’s share price has increased ~26% over the last three months. Our TP implies a 2021F P/B of 1.83x. Powered by Froala Editor