MB Successfully Closes Landmark US$500 Million Inaugural Green Term Loan Facility Agreement

Military Commercial Joint Stock Bank (“MB”) is proud to announce the successful closing of its three-year US$500 million inaugural Green Term Loan Facility Agreement, marking a significant milestone in the bank’s sustainable financing journey.

Originally launched at US$300 million, the facility was upsized to US$500 million via a Greenshoe Option following significant investor demand, with the transaction oversubscribed by more than 200%. This strong response underscores the confidence of global financial institutions in MB’s credit quality and its commitment to environmental sustainability.

A total of 22 leading financial institutions from Asia, Europe, and the Middle East participated in the syndication, with a majority being first-time lenders to MB, reflecting deep market trust and broadening the bank’s international banking relationships. Due to the significant oversubscription, lender commitments were scaled back proportionately.

Proceeds from the facility will be allocated to eligible green projects in line with the Green Loan Principles and MB’s Green Loan Framework, further advancing the bank’s sustainability agenda and supporting Vietnam’s transition to a low-carbon economy.

MB, listed on the Ho Chi Minh Stock Exchange, is rated Ba3/BB by Moody’s and Fitch, respectively. In 2025, MB delivered robust financial performance, achieving record profitability and maintaining strong capital adequacy ratios. The bank’s total assets surpassed VND 1.300 trillion, supported by healthy loan growth and disciplined risk management. MB continued to strengthen its digital banking capabilities, driving customer acquisition and enabling the bank to serve more than 35 million customers and delivered strong transaction volumes across its digital platforms. MB sustains industry-leading efficiency among top-performing banks in Vietnam.

The landmark transaction was jointly led by Australia and New Zealand Banking Group Limited, Singapore Branch, Mashreqbank psc, Maybank Securities Pte. Ltd., Oversea-Chinese Banking Corporation Limited, and Standard Chartered Bank (Singapore) Limited, acting as Mandated Lead Arrangers, Underwriters, and Bookrunners, as well as Joint Sustainability Coordinators. Australia and New Zealand Banking Group Limited, Singapore Branch served as Transaction Coordinator, while Standard Chartered Bank (Hong Kong) Limited acted as Facility Agent.

Source: Vietnam Business Forum