new rating agency approval shores up credit confidence

New rating agency approval shores up credit confidence

Vietnam’s corporate bond market is set for a transformative leap with the entrance of a new credit rating agency, paving the way for renewed confidence and alignment with global standards.
green credit balance figures on positive trajectory

Green credit balance figures on positive trajectory

While green credit balances at commercial banks are growing, Vietnam’s legal framework on the issue has yet to be completed, making it difficult for implementation.
banks join in promoting green credit

Banks join in promoting green credit

Commercial banks in Vietnam have been actively offering loans for green projects and expanding green credit through mobilising capital from international credit institutions.
greener credit headlining bac a banks modernisation

Greener credit headlining BAC A BANK’s modernisation

For nearly 30 years, BAC A BANK has been underlining the importance of nurturing sustainable development via its green credit activities and taking good care of its staff.
green credit initiatives highlight positive advances

Green credit initiatives highlight positive advances

New insights have been revealed into the sustainable debt market in Vietnam and ASEAN more broadly, showing diversification and government support for sustainable finance.
making growth greener

Making growth greener

Completing the legal corridor is one of the important foundations to assist the flow of capital into green economic developments. Dao Minh Tu, Standing Deputy Governor of the State Bank of Vietnam, talked to VIR’s Hong Dung about the importance of green credits to economic recovery.
green credit initiatives urged to push ahead development

Green credit initiatives urged to push ahead development

Given stringent domestic capital mobilisation, Vietnam’s banks are turning into international financial institutions for growth expansion, particularly to strengthen their sustainable and environmentally friendly loan portfolios.
top institutions seek green credit answers

Top institutions seek green credit answers

International organisations and financial institutions are waiting for specific criteria for green projects to unlock financing flows that can support deployment of green and sustainable initiatives.
banks roll out green credits for eco friendly approach

Banks roll out green credits for eco-friendly approach

Since the adverse impacts of climate change are better understood, many financial institutions operating in Vietnam are taking bold steps to finance and facilitate green and eco-friendly loan packages as an essential part of their sustainable investment and net-zero pledges.
preparation crucial for banks to avail of green credit trends

Preparation crucial for banks to avail of green credit trends

Many foreign and Vietnamese financial institutions are now enthusiastically enforcing green loans or bonds as they continue to work towards transition to a low carbon economy. However, issues such as debtors’ leverage ratio or energy project quality are associated with risks. Pham Nhu Anh, member of the Board of Management, head of the Corporate and Investment Banking Division at Military Bank, talked to VIR’s Luu Huong about the risks and rewards of these climate-friendly initiatives.
hsbc vietnam rolls out first green financing package for duy tan plastics recycling

HSBC Vietnam rolls out first green financing package for Duy Tan Plastics Recycling

Today, HSBC Bank (Vietnam) Ltd. and Duy Tan Plastics Corporation signed a green credit agreement to finance Duy Tan Plastics Recycling Factory. The green loan, which is under HSBC’s commitment to provide $100 billion of sustainable financing and investment by 2025, is the first that HSBC arranges for a Vietnamese company.
nam a bank champions outstanding bank for green credit award 2019

Nam A Bank champions Outstanding Bank for Green Credit Award 2019

Within the framework of the recent Vietnam Retail Banking Forum 2019 in Ho Chi Minh City, privately-held Nam A Bank was honoured with the Outstanding Bank for Green Credit Award 2019 for its pioneering role in green credit promotion and contributions to the nation’s sustainable development and environmental protection.
hdbank dons the crown for the best bank for green credit once again

HDBank dons the crown for the Best Bank for Green Credit once again

Ho Chi Minh City-based commercial lender HDBank has been voted by the readers of VnEconomy as the Best Bank for Green Credit and the Bank with the Best Service Quality in 2019, reinforcing its stature as a green bank.
promoting sustainability through green credit

Promoting sustainability through green credit

Established in 1994, locally-invested Bac A Bank has weathered all difficulties and challenges to earn its laurels. The bank has grown from strength to strength in an effective and sustainable manner, matching the sustainable socio-economic development strategy of the government.
bac a bank named outstanding bank for green credit

BAC A BANK named outstanding bank for green credit

On November 27, locally-invested BAC A BANK received the “Outstanding Bank for Green Credit Award” within the Vietnam Outstanding Banking Awards 2019 (VOBA) co-organised by International Data Group (IDG) and the Vietnam Banks Association.