Unlike traditional credit models, sustainable linked loans (SLL) are a financial structure where lending conditions, particularly interest rates, are directly tied to a business's achievement of sustainable development targets. According to VietinBank, this model reflects a shift in the bank's role from merely providing capital to actively partnering with businesses. Sustainable factors, including long-term efficiency, environmental and social responsibility, and transparent corporate governance, become key criteria for collaboration.

Mr. Tran Hoai Nam, vice president of VietinBank's Corporate Client Division, speaks at the event. Photo: VietinBank

The signing of collaboration agreements with 8 domestic and international partners to implement the sustainable linked loan product marks a new advancement in VietinBank's ESG roadmap. This initiative also introduces a credit approach directly linked to a business's sustainable development goals.

A bank representative stated that early collaboration ensures the product's standardization and transparency. Through these partnerships, VietinBank is progressively refining its framework for assessing, monitoring, and measuring ESG indicators. This ensures that loans are financially effective and generate tangible impacts on the environment and community.

Signing cooperation agreements with partners is the initial step in VietinBank's SLL implementation roadmap. Photo: VietinBank

As one of the economy's key commercial banks, VietinBank identifies sustainable development as a core focus. In recent years, the bank has issued a Sustainable Finance Framework, implemented green credit packages, and financed sectors such as renewable energy, green production, and the circular economy. Concurrently, VietinBank has expanded collaborations with international financial organizations to enhance access to long-term capital and implementation expertise. In 2025, the bank's outstanding green credit reached nearly 53,000 billion VND.

Implementing the sustainable linked loan structure represents the next step in completing VietinBank's sustainable finance portfolio. This model helps businesses access competitive capital, motivating them to improve governance, enhance operational efficiency, and fulfill measurable sustainable development commitments.

Amid Vietnam's accelerated green transition and sustainable growth, VietinBank anticipates that sustainable linked loans will gradually become a prevalent model in the financial market. This will help disseminate a responsible development mindset and support businesses in creating long-term value for the economy.

Minh Ngoc