This syndicated loan was arranged, issued with a guarantee, book-built, and co-lent by prominent financial institutions in the international market, including Sumitomo Mitsui Banking Corporation (SMBC), Standard Chartered Bank, MUFG, ANZ, Cathay, Commerzbank AG, CTBC Bank, and Mashreq Bank, and State Bank of India.
This transaction is not only recognized as the largest foreign syndicated loan to date in terms of scale but also as the largest international loan to support sustainable finance goals ever raised by a Vietnamese bank.
The loan marks a strategic step in VPBank’s journey to access global capital for sustainable development goals. This record-breaking syndicated loan also signifies an important development in the strategic partnership between VPBank and SMBC, evolving beyond a mere strategic alliance to jointly creating new sustainability standards in Vietnam’s financial landscape.
Following a series of successful international sustainable fund-raising efforts from prominent international financial institutions over the years, this transaction sets a new benchmark in terms of scale, strategic significance, and global reach for VPBank on the international financial map. Since 2020, the total value of VPBank’s sustainable fund-raising efforts has reached nearly USD 2.8 billion. These funds have been effectively utilized to support the sustainable development of businesses, especially women-owned enterprises, green projects, and socially responsible financial activities.
“We are proud that this sustainable loan has not only achieved a record value but also demonstrates VPBank’s strong commitment to accompanying enterprises and the Vietnamese economy on their path to sustainable development,” said a VPBank representative. “The participation of leading international financial institutions showcases the growing confidence in VPBank’s financial capabilities, long-term strategy, and brand reputation in the global market.”
The recently successful USD 1 billion loan is a notable outcome of the investment roadshow program VPBank organized in Q1/2025 in global financial centers such as Singapore, Taiwan, and especially Dubai, a major financial hub in the Middle East, to attract interest from international financial institutions in Vietnam’s sustainable finance initiatives.
The event opened up opportunities for direct connections with investors at the Gulf Cooperation Council (GCC) – a regional political and economic intergovernmental alliance comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. These countries possess substantial financial prowess and a strong orientation toward investing in green and sustainable financial models.
This USD 1 billion syndicated loan is not just a financial milestone but also a strong affirmation of VPBank’s consistent Environmental, Social, and Governance (ESG) strategy: “Sustainable Prosperity.”
With the involvement of the world’s leading banks, strong interest from investors in traditional markets, and expansion into the Middle East, VPBank has a solid foundation to believe that this transaction will pave the way for more significant strides in the future. It will serve as an important lever to help VPBank expand its international fund-raising scale, optimize its financial structure, and enhance support for businesses, particularly in the field of sustainable finance.
– 14:05 05/05/2025
Sustainable Business: BIDV Ranks in Vietnam’s Top 10 for the Sixth Time in Trade and Service
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