HDBank (HoSE: HDB), a Ho Chi Minh City-based joint-stock commercial bank, signed an international syndicated loan under the Social Loan framework valued at 721 million USD, about 60% higher than its initial mobilization target. The transaction reinforces international financial institutions’ confidence in HDBank’s governance, sustainable growth strategy, and growth prospects.
The loan aims to diversify HDBank’s mid- and long-term capital, enabling expanded financing to micro, small and medium enterprises (MSMEs) that meet the bank’s Sustainable Finance Framework criteria, with priority given to women-owned enterprises. This aligns funding with sustainable development goals and broadens access to capital for Vietnamese enterprises.
The facility was structured and arranged by Standard Chartered and the Asian Development Bank (ADB) as lead arranger and lead manager. Six international financial institutions participated in the syndication and acted as book runners: ANZ, Cathay United Bank, Commerzbank, Maybank Securities, MUFG Bank, and State Bank of India.
The mobilized funds will support expanded financing to MSMEs meeting HDBank’s Sustainable Finance Framework, with emphasis on women-owned enterprises. This is expected to contribute to increased business activity, job creation, enhanced competitiveness, and more inclusive growth in Vietnam. The transaction also broadens HDBank’s financial resources to accompany Vietnamese enterprises and support the country’s socio-economic development goals.
The sequence of transactions diversifies HDBank’s mid- and long-term capital structure in line with sustainable finance standards and enhances its position in international capital markets, reinforcing the bank’s ability to support Vietnamese enterprises and the country’s development objectives.
