PROJECT

Projects

Summary of Investment Information

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

Active

Last Updated Date

Sep 17, 2025

Department

CF4E2 - Regional Industry - FIG Asia & Pac/FIG North East Asia

Industry

Financial Markets

Previous Events

Approved : Apr 8, 2025
Signed : Aug 8, 2025
Invested : Sep 15, 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.

Associated Advisory Engagement

N/A

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation