TPBank Offers $215 Million in Exclusive Green Project Incentives
As a leading sustainable enterprise, TPBank is committed to managing environmental risks and supporting the transition to a low-carbon, sustainable economy. The bank is offering exclusive green project incentives with an incredible 0% interest rate for the first three months. This initiative targets green projects and proposals in key sustainable development sectors, including renewable and clean energy, sustainable transportation, agriculture, green construction and real estate, and sustainable water and waste management. The total value of this incentive package is an impressive $215 million.
Projects and proposals in these sectors that meet international standards, such as the EDGE green building certification, BCA Green Mark, LEED Gold or Platinum, or certifications from the Vietnam Green Building Council, are eligible for this exclusive 0% interest rate offer. Additionally, projects with input-related certifications and those supporting sustainability initiatives in production and processing can also benefit from this incentive.
Mr. Nguyen Hung, CEO of TPBank, shared his thoughts: “We prioritize lending to sustainable, eco-friendly production, business, and investment activities that ensure ecosystem preservation and promote a sustainable society. This is part of TPBank’s effort and responsibility in building a resilient future.”
TPBank has been actively aligning with global environmental goals and the State Bank of Vietnam’s regulations on environmental and social risk management in credit activities. The bank has also integrated environmental risk management into its credit activities, as evidenced by its collaboration with the International Finance Corporation (IFC).
TPBank Biz: A Slew of Free Conveniences for Corporate Clients
TPBank has been investing significant resources and intellectual capital into upgrading its digital banking platform for businesses, TPBank Biz. The platform offers the best solutions, simplicity, and convenience, streamlining transaction times and boosting work efficiency. Cutting-edge technologies power TPBank Biz, including a 24/7 virtual assistant capable of serving hundreds of customers simultaneously. Businesses can also confirm periodic payment orders, make periodic transfers, and send/receive money via phone numbers in just 1-3 minutes. Additionally, they can access 100% online services for guarantees, letters of credit, and disbursements. Loan disbursements can be completed in less than 5 minutes from approval.
TPBank Biz also boasts the digital ecosystem BizConnex, featuring over 30 partners across various sectors, including fintech, e-commerce, invoice providers, and payment services. BizConnex offers a range of conveniences, from online payments and bill payments to e-wallets and online shopping. With its advanced digital technology, TPBank provides hundreds of open APIs, enabling businesses to transmit data to the bank directly from their systems without compromising security. The rich OpenAPI library, standardized and packaged as ready-to-use products, simplifies integration, shortens connection times, and optimizes business costs.
Furthermore, TPBank waives all transfer fees and account-related charges for corporate clients across online and offline channels. The fee waiver program covers account management fees, intra- and inter-system transfer fees, TPBank Biz annual fees, electronic tax payment fees, and salary payment service fees. This program is applicable to all TPBank corporate clients, including existing and new account holders.
90% of Banks Embrace ESG Practices
“The vast majority of banks, between 80-90%, have embraced the principles of ESG (Environmental, Social, and Governance) practices, either partially or fully. Notably, almost 50% of banks have established dedicated departments for managing environmental credit risk, showcasing a profound commitment to sustainable lending practices.”
