Techcombank secures $231.32m EIB deal to expand sustainable lending
The EIB Advisory will help strengthen the bank’s climate risk management framework, amongst others.
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) and EIB Global, the development arm of the European Investment Bank, have inked a €200m financing agreement for climate action and environmental sustainability projects in Vietnam.
With this funding, Techcombank will expand lending for projects including renewable energy, energy efficiency, and sustainable transport, according to a press release published on 25 March 2026.
The EIB Advisory will work with Techcombank to strengthen the bank’s climate risk management framework, improve climate-related disclosures, and support the implementation of the operation.
Techcombank and EIB Global unveiled the agreement during the EU-Vietnam Global Gateway Business and Investment Forum in Hanoi, Vietnam.
“By integrating climate finance into our banking strategy, we reinforce our commitment to long-term, responsible growth that creates value for the economy, society, and the environment,” said Nguyen Thu Lan, vice chairwoman at Techcombank.
(US$1 = €0.86)