VIB launches USD 1 billion international funding plan, completes USD 285 million syndicated loan

Vietnam International Bank (VIB) is raising approximately USD 1 billion in medium- and long-term funding from international capital markets in 2026, marking the largest international funding plan VIB has ever undertaken. As part of this plan, the bank has completed a three-year syndicated loan of USD 285 million from nine financial institutions in Singapore, Malaysia, Taiwan and Hong Kong.

Competitive funding costs, broader international relationships and strong partner confidence

The transaction was jointly arranged by United Overseas Bank Limited (UOB), Maybank Securities Pte. Ltd. (Maybank) and Cathay United Bank Co., Ltd (CUB). These three banks, together with China Construction Bank Corporation, acted as Mandated Lead Arrangers and Bookrunners (MLABs). Five other international financial institutions also participated in the facility. The loan has been disbursed in three tranches during 2026.

With a three-year tenor and a cost of funds about 30 basis points lower than VIB's previous syndicated loan, the transaction adds medium-term funding at a competitive cost. This helps the bank optimize its funding costs and manage its funding base more efficiently.

The transaction brought together seven long-standing partners that have joined several of VIB's previous syndicated loans, as well as two new partners. The continued commitment of existing partners reflects a durable relationship and their confidence in the bank. The addition of new partners also shows VIB's ability to access capital markets and expand its network of international financial institutions, particularly while global financial markets remain volatile.

Ms. Lee Chin Hwoi, Managing Director of Loan Financing Group, Group Investment Banking, UOB, said: “UOB has been a trusted partner to VIB for many years, supporting its growth through access to international funding markets. This transaction reflects both our confidence in VIB’s long-term prospects and the strength of our enduring partnership. As financial institutions across ASEAN seek to diversify their funding sources and strengthen balance sheet resilience, UOB remains committed to connecting clients with global capital and opportunities for sustainable growth.”

Securing international funding for growth strategy

The USD 285 million loan is part of VIB's plan to raise USD 1 billion in medium and long-term funding from international markets in 2026. The bank is working with partners on subsequent transactions to diversify its funding structure and provide resources for growth in line with its business strategy. VIB's total outstanding foreign funding, including short, medium and long-term, currently stands at USD 1.6 billion and is expected to reach USD 2 billion in 2027.
On this direction, Mr. Han Ngoc Vu, Chief Executive Officer of VIB, said: “Completing the USD 285 million syndicated loan is an important step in VIB's plan to expand international funding in 2026. Beyond the size of the funding, we focus on cost of funds, tenor and the diversity of our partners. More importantly, each transaction helps VIB broaden and deepen its relationships with international partners, while giving us greater independence and more diverse access to funding for our long-term development strategy.”

Expanding medium and long-term funding gives VIB more independence and flexibility in liquidity management and in matching the maturities of its funding with its lending needs. It also diversifies the bank's funding sources beyond customer deposits and domestic channels. The competitive cost of funds creates more room to manage costs and the funding structure, improving operating efficiency and allowing the bank to develop credit solutions suited to customer needs.

Supporting safe and efficient credit growth

Funds from the newly completed syndicated loan will help meet the credit needs of retail customers, small and medium-sized enterprises (SMEs) and other corporate clients, in line with the bank's business direction and risk management framework.

Earlier, in Q2 2026, VIB launched a VND 15 trillion preferential lending program with interest rates from 8% per year, helping SMEs, manufacturers, import-export businesses and supply chain participants access capital for their operations. For retail customers, VIB offers mortgages with fixed interest rates for up to five years, helping borrowers plan their financing costs and achieve their home ownership goals.

Alongside expanding its international funding, VIB continues to strengthen its capital base. Its charter capital reached VND 37,354 billion after the bank issued more than 323 million shares to pay a 9.5% stock dividend. As of the end of Q2 2026, the bank's outstanding loans reached nearly VND 400 trillion, and profit before tax for the first six months exceeded VND 5,180 billion.

Strengthening its own capital and adding medium and long-term international funding gives VIB a financial foundation to meet customer credit needs, while keeping its growth tied to liquidity management, risk control and operating efficiency in the next stages of development.