VPBank signed a loan agreement with Sumitomo Mitsui Banking Corporation (SMBC), British International Investment (BII), Export Finance Australia (EFA), Development Finance Institute Canada (FinDev Canada), and Japan International Cooperation Agency (JICA) at its headquarters on 29/7. SMBC acted as the mandated lead arranger and bookrunner.

This is one of the largest syndicated loans from international institutions for a joint-stock commercial bank in Vietnam. Notably, it marks the first direct bilateral loan from BII and EFA to the Southeast Asian financial sector.

Representatives of embassies, VPBank leaders, SMBC, and financial institutions at the signing ceremony. Photo: VPBank

Representatives of embassies, VPBank leaders, SMBC, and financial institutions at the signing ceremony. Photo: VPBank

The loan supports VPBank's sustainable finance strategy, built on three pillars: social finance, green finance, and essential infrastructure development funding. The bank stated the funds will be allocated to green projects, contributing to Vietnam's goal of net-zero emissions by 2050.

VPBank will prioritize lending to small and medium-sized enterprises (SMEs), especially women-owned or -led businesses, aligning with the 2X Challenge, a global initiative promoting gender equality. A portion of the funds will also be used to develop essential infrastructure in areas lacking basic services such as healthcare, education, clean water, and housing.

Nguyen Duc Vinh, CEO of VPBank, said securing this international funding demonstrates the bank's financial strength, long-term vision, and international reputation in sustainable finance.

"This loan will help VPBank expand its green and social lending portfolio. It will also support Vietnamese businesses, particularly those owned by women, to reach international markets and contribute to improving living standards through essential infrastructure development," Vinh said.

Collaborating with global development finance institutions is the next step in VPBank's sustainable development strategy. It aligns with ESG principles and the goal of supporting Vietnam's green economic transition.

Established in 1993, VPBank is one of the first joint-stock commercial banks in Vietnam. As of 30/6/2025, VPBank's total consolidated assets reached over 1.1 quadrillion VND, with equity exceeding 152 trillion VND.

Minh Ngoc