HDBank Secures Historic Social Loan in Vietnam

On July 30, HDBank announced a milestone agreement: a $721 million international syndicated social loan. This deal, formed in collaboration with the Asian Development Bank, Standard Chartered, and other global financial entities, marks the largest social loan syndicated internationally by a Vietnamese organization.

The funding will bolster financial access for Vietnamese micro, small, and medium-sized enterprises, focusing on women-owned businesses to enhance financial inclusion and sustainable growth. The transaction gathered significant interest, with commitments surpassing the initial target by approximately 60%.

Adhering to the Social Loan Principles, the facility underscores investor confidence in HDBank and Vietnam's economic outlook. It also highlights HDBank’s dedication to community advancement through social initiatives.