HDBank Completes $100 Million International Green Bond Issuance

Ho Chi Minh City's commercial development bank, HDBank, has successfully completed the issuance of a second tranche of international green bonds, raising a total of US$100 million. This fundraising effort, undertaken with the Dutch Entrepreneurial Development Bank (FMO) and British International Investment (BII), aims to support sustainable projects in Vietnam.

The initiative, which includes investments in solar energy and electric vehicles, reinforces HDBank's sustainable growth strategy. The funds are expected to reduce CO₂ emissions by 102,000 tonnes over 10 years and support the transition to carbon neutrality by 2050.

By incorporating these obligations, HDBank diversifies its funding sources while demonstrating a strong commitment to green finance. This approach also strengthens the bank's position on the international stage, attracting new responsible capital for climate initiatives.