green credit now a business necessity

Green credit now a business necessity

Stakeholders highlighted the need for green capital and identified key issues for expanding green credit and finance at a seminar last week.
agribank boosts ability to provide greener credit

Agribank boosts ability to provide greener credit

Lenders are more likely today to take a greener focus in their activities. Phung Thi Binh, deputy general director of Agribank, talked to VIR’s Nhue Man about the bank’s determination to promote green credit growth.
standard chartered and bidv sign 100 million sustainable trade loan agreement

Standard Chartered and BIDV sign $100 million sustainable trade loan agreement

Standard Chartered has inked a Master of Agreement with the Bank for Investment and Development of Vietnam (BIDV), committing to a sustainable trade loan of up to $100 million.
vietnams green credit surge navigating towards sustainable finance

Vietnam's green credit surge: Navigating towards sustainable finance

At a VIR seminar on December 4, in collaboration with the Vietnam Bank for Agriculture and Rural Development (Agribank), key stakeholders congregated to discuss Lighting the Path for Green Financing. The forum signified a critical juncture in Vietnam's path towards sustainable development and emphasised green economic growth.
agribanks green finance initiative catalysing vietnams eco friendly economic ascent

Agribank's green finance initiative: Catalysing Vietnam's eco-friendly economic ascent

At the forefront of Vietnam's green finance revolution, Agribank has reported a substantial green credit portfolio of approximately $510 million as of October 31. This revelation came from Phung Thi Binh, deputy general director of Agribank, during the Lighting the Path for Green Financing seminar held by VIR on December 4.
positive signs in vietnams green credit sector

Positive signs in Vietnam's green credit sector

'Green credit' refers to the kinds of loans provided by banks for projects that are considered environmentally friendly or protective of the ecosystem. Green credit is now a trend in the global banking and finance industry, and more Vietnamese banks are following suit.
green finance must be unlocked to develop

Green finance must be unlocked to develop

The banking sector has been urged to unlock viable green finance to attract a broader investor base to facilitate its green transition.
expectations great for green taxonomy in vietnam

Expectations great for green taxonomy in Vietnam

Without unified definitions of green sectors and green lists for application, banks are continuing to find it difficult to select, appraise, and supervise green credit provision.
green credit gaining traction at agribank

Green credit gaining traction at Agribank

Top agricultural and rural development lender Agribank remains unwavering in pursuing its green banking strategy to contribute to the sustainable development of Vietnam.
mb leads the charge in green finance at viod 6th annual forum

MB leads the charge in green finance at VIOD 6th annual forum

Military Commercial Joint Stock Bank (MB) has just been distinguished with the "Board of the Year" award, a testament to its role in propelling businesses towards environmentally sustainable practices on November 22.
lpbank and ea sup 1 agree green credit deal

LPBank and Ea Sup 1 agree green credit deal

LPBank and Ea Sup 1 Corporation have signed a credit agreement valued at approximately VND2 trillion ($84 million). The move, announced on November 9 at LPBank's Hanoi headquarters, focuses on the shift towards green credit financing.
more incentives needed to support green credit experts

More incentives needed to support green credit: Experts

Experts have shared a view that green credit and green growth play an important role in implementing the National Green Growth Strategy in the 2021-2030 period with a vision until 2050 as they create resources for environmentally-friendly projects and programmes.
banks address green credit significance

Banks address green credit significance

Significant progress has been made in the sustainable finance market in Vietnam, with banks actively promoting bonds and loans to facilitate the development of projects aligned with environmental, social, and governance frameworks.
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.