Google AI
The Times Australia

Times Media

HDBank secures record international syndicated social loan in Vietnam

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 3 August 2026 - The HCM City Development Joint Stock Commercial Bank (HDBank – HoSE: HDB) on July 30 signed a US$721 million international syndicated social loan with the Asian Development Bank, Standard Chartered and other international financial institutions, marking the largest international syndicated social loan ever raised by a Vietnamese organisation.



Dr Nguyễn Thị Phương Thảo, Permanent Vice Chairwoman of HDBank
Dr Nguyễn Thị Phương Thảo, Permanent Vice Chairwoman of HDBank's Board of Directors, speaks at the signing ceremony, noting that the US$721 million syndicated social loan opens up new resources to support sustainable development and financial inclusion in Việt Nam. — Photo courtesy of HDBank.

The transaction highlights strong confidence among global investors in HDBank and Vietnam's long-term economic prospects.

The proceeds will be used to expand access to finance for micro, small and medium-sized enterprises, particularly women-owned businesses, supporting financial inclusion and sustainable development in Vietnam.

The facility was structured in line with the Social Loan Principles and HDBank's Sustainable Finance Framework. ADB and Standard Chartered served as joint coordinators, while ANZ, Cathay United Bank, Commerzbank, Maybank Securities, MUFG Bank and the State Bank of India acted as mandated lead arrangers and bookrunners.

The transaction attracted strong interest from international investors, with commitments reaching US$721 million, around 60 per cent above the original target.

CEO of Standard Chartered Vietnam said the facility is the largest syndicated social loan ever raised by a Vietnamese organisation.

"This achievement reflects investors' confidence in HDBank and its leadership team, and demonstrates optimism about Vietnam's long-term growth prospects and the growing appeal of the country's sustainable finance market among global investors," the CEO said.

Speaking at the signing ceremony, Dr Nguyen Thi Phuong Thao, Permanent Vice Chairwoman of HDBank's Board of Directors, described the loan as a new milestone for the bank.

"It is our first financing facility dedicated exclusively to social initiatives, including programmes supporting women," she said, adding that the transaction recognised HDBank's long-standing commitment to community development through programmes supporting businesses, healthcare, education, culture, sports, women and children.

Tran Hoai Nam, HDBank's Permanent Deputy CEO, said the proceeds would strengthen the bank's medium- and long-term funding base while expanding lending to SMEs, particularly women-led businesses.

Earlier, HDBank had secured US$270 million in green financing and US$380 million in sustainable finance from international development finance institutions, including IFC, ADB, Proparco, DEG, LeapFrog, FMO, BII, JICA, FinDev and SMBC.

Hashtag: #HDBank

The issuer is solely responsible for the content of this announcement.

Times Magazine

Australia Needs Permission Budgets for AI Agents

The Times recently argued that Australia should keep building the data centres the AI economy requ...

Nikon Is Developing Nine New Cinema Lenses and a Major ZR Firmware Update

Nikon is developing a new series of nine NIKKOR Z CINEMA T1.9 VV cinema lenses, designed for cinem...

The Hormuz conflict enters a more dangerous phase — and Australia will pay for every voyage

The conflict around Iran and the Strait of Hormuz has entered a more dangerous phase, with the Uni...

Technology

Australia Needs Permission Budgets …

The Times recently argued that Australia should keep building the data centres the AI economy requ...

Local News

Fitstop Global Games to Bring 1,000…

The Australian-born fitness brand is bringing its global competition home, with athletes from across...

Culture

Two Years Later — a love story that quietly a…

Two Years Later looks, initially, like a romantic television series. It is considerably more inte...

Travel

School holiday pricing: fair market economics…

Every Australian family with school-aged children knows the pattern. Look at an airfare, hotel ro...

The Times Features

Two Years Later — a love story that quietly asks what r…

Two Years Later looks, initially, like a romantic television series. It is considerably more inte...

Free Family Fun Day Brings K-Pop, Face Painting and Sch…

K-Pop Demon Hunters kids disco and free face painting headline a day of activities for local familie...

Four Free Family Days Put the Fun Back Into School Holi…

Batmobile, Bluey & Bingo, a reptile show and a petting zoo across the September/October break ...