MBB released consolidated results for 2023 with PBT of VND26.3tn (USD1.1bn; +15.7% YoY), completing 99% of our FY2023 forecast and implying Q4 2023 PBT of VND6.3tn (+38.6% YoY; -13.6% QoQ). Overall, MBB’s bottom line tracked in line with our full-year for