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HDBank Unveils $118 Million in Green Bonds for Eco-Projects

Ho Chi Minh City Development Joint Stock Commercial Bank, known as HDBank, has announced the issuance of VND3 trillion (US$118 million) in green bonds. This marks the first instance of a private bank in Vietnam issuing such bonds. The raised capital will support environmentally sustainable projects, adhering to International Capital Market Association (ICMA) and Loan Market Association (LMA) compliance standards.

The bonds, with maturities ranging from two to five years, have drawn significant interest from institutional investors. The funds are earmarked for projects meeting HDBank’s "Sustainable Finance Framework," which aims to contribute to environmental protection.

HDBank’s initiatives align with Vietnam’s aim for carbon neutrality by 2050, receiving international acclaim for its sustainable finance efforts. In 2024, HDBank was recognized as a leader in sustainable development by Vietnam’s Ho Chi Minh City Stock Exchange (HoSE).

R. P.

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