IFC helps VP Bank boost climate financing

In:

Renewable energy, Traditional energy

Region:

Asia-Pacific

The International Finance Corporation is providing a financing package of $212.5 million to Vietnam Prosperity Joint Stock Commercial Bank (VP Bank).

The funding will help VPBank expand its lending to small and medium-sized enterprises and boost financing for climate-friendly projects. The five-year tenor loan comprises $50 million from IFC’s own account, $37.5 million from the multi-investor Managed Co-Lending Portfolio Program managed by IFC, and $125 million in syndicated loans from the Chinese Bank of Communications Company Limited; Industrial and Commercial Bank of China Limited; Korean KEB Hana Bank; Thai Kiatnakin Bank Public Company Limited; German DEG — Deutsche Investitions- und Entwicklungesellschaft mbH; and multilateral International Investment Bank.

It represents IFC's first green loan to a bank in Vietnam, where most of the near-term multimillion-dollar climate investment potential is in renewables and infrastructure.

View source

The next frontier for onshore wind in the Balkans

Perspective

14 September 2026

The next frontier for onshore wind in the Balkans

DFIs have been crucial in closing onshore wind financings in the Western Balkans, though structures are evolving to make deals bankable on a purely commercial basis. But the...

Public or private lending for Canada's investment agenda?

Perspective

17 September 2026

Public or private lending for Canada's investment agenda?

Canada wants to take bold action to increase domestic infrastructure investment. With Canada’s banks more interested in the US market, will the CIB need to do the heavy...

Must See

Mitrelli: Making African Infrastructure Bankable and Financeable

Video

31 August 2026

Mitrelli: Making African Infrastructure Bankable and Financeable

In this episode of Uxolo: In-Depth With, Jessica Brown speaks with Yoav Brick of Mitrelli, recorded live in Prague, about the challenges of financing infrastructure across Africa and how governments, EPC contractors, DFIs, ECAs and private investors can work together to bring projects to financial close.

Perspective

14 September 2026

The next frontier for onshore wind in the Balkans

DFIs have been crucial in closing onshore wind financings in the Western Balkans, though structures are evolving to make deals bankable on a purely commercial basis. But the market is still very lopsided, with only Serbia emerging as a reliable host.

Perspective

17 September 2026

Public or private lending for Canada's investment agenda?

Canada wants to take bold action to increase domestic infrastructure investment. With Canada’s banks more interested in the US market, will the CIB need to do the heavy lifting?