Representatives from embassies, VPBank leaders, SMBC, and financial institutions and bilateral organizations at the signing ceremony for a syndicated loan of $350 million
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The signing ceremony was held at VPBank‘s head office in Hanoi, with the presence of the Ambassadors of the United Kingdom, Australia, and Japan, the Counselor of the Canadian Embassy in Vietnam, senior diplomatic members of embassies, and high-ranking representatives from participating financial organizations. From VPBank, the ceremony was attended by the Chairman of the Board of Directors, the General Director, and other senior leaders of the bank.
The $350 million loan (equivalent to approximately 9,100 billion VND) with a 5-year term is an important source of funding to support VPBank‘s sustainable finance strategy, focusing on three main pillars: social finance, green finance, and essential infrastructure financing. This funding commitment also contributes to Vietnam’s national goals of promoting inclusive economic development, green growth, and expanding critical infrastructure.
“The successful capital mobilization from leading development finance institutions and bilateral organizations once again affirms VPBank‘s strong financial capacity, long-term strategic vision, and international reputation in the field of sustainable finance. This loan will help the bank expand its green and social lending portfolio, while demonstrating a strong commitment to inclusive growth. The funding will also support Vietnamese enterprises, especially women-owned businesses, in their global expansion and contribute to improving the quality of life through essential infrastructure development,” said Nguyen Duc Vinh, General Director of VPBank.
The funds will be allocated to green projects, contributing to Vietnam’s commitment to achieving “net zero emissions” by 2050; supporting small and medium-sized enterprises (SMEs), especially women-owned or -led businesses, in line with the global 2X Challenge initiative promoting gender equality; and financing critical infrastructure projects in underserved areas, thereby improving access to essential services such as healthcare, education, sanitation, clean water, and affordable housing.
This landmark cooperation agreement, involving four bilateral agencies, is also one of the largest syndicated loans from multiple organizations to a joint-stock commercial bank in Vietnam. It is the first bilateral loan from BII and EFA to the financial sector in Southeast Asia.
With the accompaniment of globally renowned financial institutions, VPBank continues to affirm its pioneering role in channeling capital into projects with positive environmental and social impacts, in line with the “Prosperous Sustainability” strategy guided by ESG principles. This is another step forward in the journey to realize sustainable development commitments and Vietnam’s “Net-Zero” target by 2050.
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As one of the first joint-stock commercial banks in Vietnam, VPBank has maintained a sustainable growth rate over the past 30 years. Currently, VPBank is among the leading commercial banks in terms of total assets, operating efficiency, and profitability, with a strong presence in the retail and SME segments. At the same time, VPBank is also a pioneer in digital transformation, aiming to bring the best and fastest financial products and services to its customers. As of June 30, 2025, VPBank’s consolidated total assets exceeded 1.1 quadrillion VND, placing it among the largest joint-stock commercial banks in Vietnam. The bank is also in the leading group in terms of capital base, with total equity of over 152,000 billion VND. VPBank continues to strengthen its balance sheet, laying a solid foundation for long-term and sustainable growth. Learn more at: https://www.vpbank.com.vn |
– 16:09 29/07/2025
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