VPBank Announces $730 Million International Syndicated Loan

VPBank announced an international syndicated loan totaling $730 million, equivalent to nearly VND 19 trillion, in Hanoi on November 10. The loan was jointly coordinated and arranged by the International Finance Corporation (IFC) and Sumitomo Mitsui Banking Corporation (SMBC). It has three, five and seven-year terms and is scheduled to be implemented and disbursed in stages during 2026.

VPBank announces a $730 million international syndicated loan arranged by the International Finance Corporation and Sumitomo Mitsui Banking Corporation.（VietVance）

VPBank said the funds will expand financing for small and medium-sized enterprises (SMEs), including women-owned or women-led businesses and agricultural SMEs, supporting their working capital needs, efforts to increase production capacity and business expansion. The different loan terms will also add to the bank’s medium and long-term funding for its 2026–2030 development plan.

Institutions participating in the transaction include German Investment Corporation (DEG), Proparco, a development finance institution under the French Development Agency, the Norwegian Investment Fund for Developing Countries, the Export-Import Bank of China, the Export-Import Bank of Korea and several international commercial banks. In addition to participating in the loan, IFC will help VPBank strengthen its agricultural financing capacity and expand funding available to SMEs in the sector.

The loan continues the bank’s international fundraising over the past two years. In June 2026, VPBank signed a $1.44 billion sustainability-linked syndicated loan with 15 international financial institutions. The bank raised a total of $2.36 billion in 2025, including a $1.56 billion international syndicated loan and $300 million in international sustainability bonds.

Source: VietVance