📋 Tender Overview
Project Number
49438
Company Name
VIETNAM PROSPERITY JOINT STOCK COMMERCIAL BANK
Date SPI Disclosed
Aug 18, 2025
Country
Viet Nam
Region
East Asia and the Pacific
Projected Board Date
Apr 8, 2025
Environmental Category
FI-2 - Limited
Status
Pending Disbursement
Last Updated Date
Department
CF4E2 - Regional Industry - FIG Asia & Pac/FIG North East Asia
Industry
Financial Institutions
Previous Events
Approved : Apr 8, 2025
Signed: Aug 8, 2025
Sector
Commercial Banking - General
Project Description
The proposed IFC investment is a subscription of up to US$200 million in a five-year sustainability bond to be privately issued by Vietnam Prosperity Joint-Stock Commercial Bank (VPBank or the Bank). The proceeds of the Bond will be used to expand VPBank's sustainable finance portfolio by financing eligible climate and social projects in line with the Sustainable Finance Framework (SFF) to be established by the Bank, which will adhere to the International Capital Market Association's Sustainability Bond Guidelines and IFC's Climate Definitions (the Project). The Project is expected to catalyze the sustainable financing activities of commercial banks in Viet Nam and help create market standards for sustainable bonds issued by commercial banks.
