PROJECT

Projects

Summary of Investment Information

Project Number

47283

Company Name

HO CHI MINH CITY DEVELOPMENT JOINT STOCK COMMERCIAL BANK

Date SPI Disclosed

Dec 25, 2024

Country

Viet Nam

Region

East Asia and the Pacific

Projected Board Date

Dec 17, 2024

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Oct 2, 2025

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Previous Events

Approved : Dec 17, 2024
Signed : Dec 31, 2024
Invested : Sep 30, 2025

Sector

Commercial Banking - General

Project Description

The proposed investment in Ho Chi Minh City Development Commercial Joint Stock Bank (HDBank or the Bank) is up to US$50 million in a green bond to be privately placed by the Bank to fund eligible green projects. The green bond will adhere to the International Capital Market Association’s Green Bond Principles.                                                   

Associated Advisory Engagement

The proposed investment is supported by an upstream and advisory engagement to help HDBank develop its Sustainable Finance Framework (SFF) in line with international best practices.                                                    

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation