VPBank, SMBC, BII, EFA, FinDev Canada and JICA announce $350 million syndicated loan

On July 29, 2025, Vietnam Prosperity Joint Stock Commercial Bank ( VPBank ), Sumitomo Mitsui Banking Corporation (SMBC) and Development Finance Institutions (DFI), bilateral organizations including British International Investment (BII), Export Finance Australia (EFA), Development Finance Institute Canada (FinDev Canada) and Japan International Cooperation Agency (JICA) announced the successful signing of a syndicated loan worth 350 million USD. SMBC acts as the authorized coordinator and co-lead arranger for this financing.

The signing ceremony was held at VPBank's headquarters in Hanoi, with the presence of the Ambassadors of the United Kingdom, Australia, Japan, the Counselor of the Canadian Embassy in Vietnam, along with senior diplomats from the embassies and senior representatives from financial institutions. On VPBank's side, the ceremony was attended by the Chairman of the Board of Directors, the General Director, and other senior leaders of the bank.

The USD 350 million (equivalent to approximately VND 9,100 billion) loan, with a term of 5 years, is an important source of capital to support VPBank's sustainable finance strategy, focusing on 3 main pillars: social finance, green finance and financing for essential infrastructure development. This funding commitment also contributes to supporting Vietnam's national goals of promoting inclusive economic development, green growth and expanding the critical infrastructure system.

"The successful capital mobilization from leading development finance institutions and bilateral organizations once again affirms VPBank's strong financial potential, 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 its strong commitment to inclusive growth. The funding will also support Vietnamese businesses, especially women-owned businesses, in their global expansion, and contribute to improving the quality of life through essential infrastructure development," said Mr. Nguyen Duc Vinh, CEO of VPBank.

The funds will be allocated to green projects that contribute to Vietnam's commitment to achieving "net zero emissions" by 2050; support small and medium-sized enterprises (SMEs), especially those owned or led by women, in line with the global 2X Challenge initiative to promote gender equality; and finance critical infrastructure projects in underserved areas, thereby improving access to basic services such as health, education, sanitation, clean water and affordable housing.

This is a landmark cooperation agreement, with the participation of four bilateral agencies, and is one of the largest syndicated loans to a joint stock commercial bank in Vietnam. This is the first direct bilateral loan by BII and EFA to the financial sector in Southeast Asia.

With the support of prestigious global financial institutions, VPBank continues to affirm its pioneering role in coordinating capital flows into projects that bring positive environmental and social impacts, in line with the "Sustainable Prosperity" strategy guided by ESG principles. This is the next step in the journey to realize Vietnam's sustainable development commitments and "Net-Zero" goals by 2050.

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 profits, with a strong presence in the retail and SME segments. At the same time, VPBank is also a pioneer in digital transformation to bring customers the best and fastest financial products and services.
As of June 30, 2025, VPBank's total consolidated assets reached over VND 1.1 million billion, 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 VND 152,000 billion. VPBank continues to strengthen its balance sheet, creating a solid foundation for long-term and sustainable growth.
Learn more at: https://www.vpbank.com.vn

Source: https://baodautu.vn/vpbank-cung-smbc-bii-efa-findev-canada-va-jica-cong-bo-khoan-vay-hop-von-tri-gia-350-trieu-usd-d343886.html