Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has secured a $1 billion syndicated loan from a consortium of international banks, marking the largest foreign loan facility ever arranged for a Vietnamese financial institution. The transaction includes an option to upsize the facility in line with the bank’s future funding requirements.
The deal was arranged, underwritten, and co-financed by a syndicate of major global lenders, including Sumitomo Mitsui Banking Corporation (SMBC), Standard Chartered Bank, MUFG, ANZ, Cathay United Bank, Commerzbank AG, CTBC Bank, Mashreq Bank, and the State Bank of India.
This loan is also notable for being the largest international syndication dedicated to advancing sustainable finance in Vietnam. The funds will support a range of initiatives aligned with VPBank’s sustainability objectives, including green projects, support for women-led businesses, and socially responsible lending.
The transaction underscores the growing collaboration between VPBank and SMBC, a key strategic investor, as the bank continues to expand its access to international capital markets. Since 2020, VPBank has raised approximately $2.8 billion for sustainability-related initiatives.
VPBank conducted a series of investor engagement events in early 2025, targeting financial centres such as Singapore, Taiwan, and Dubai. The Dubai event, in particular, enabled the bank to engage directly with investors from Gulf Cooperation Council (GCC) countries, which have shown increasing interest in sustainable finance.
While the loan marks a financial milestone for VPBank, it also reflects a broader shift in Vietnam’s banking sector towards embedding Environmental, Social, and Governance (ESG) principles in its funding strategies.
