AsemconnectVietnam - Vietcap Joint Stock Company (VCI) signed a syndicated unsecured loan agreement worth USD120 million (equivalent to VND3,165 billion) with an option to increase the limit up to a maximum of USD250 million (equivalent to VND6,595 billion).

The loan was arranged by Maybank Securities Pte. Ltd., Maybank International Labuan Branch, CTBC Bank Co., Ltd., Singapore Branch, Cathay United Bank Co., Ltd., Taipei Fubon Commercial Bank Co., Ltd., Taishin International Bank Co., Ltd., Singapore Branch and Union Bank of Taiwan Co. Ltd.
With this loan, Vietcap has recorded another large capital mobilization in 2025 after successfully arranging a loan of USD 41.6 million last July. Positive feedback from the market is a testament to Vietcap's reputation and position in the current and future international capital market.
Vietcap is committed to providing the best quality of service to customers and optimizing benefits for shareholders. Therefore, expanding foreign loans with large, stable capital sources and competitive costs will help Vietcap have more resources to boost the company's business activities.
This year, VCI also had a syndicated loan of 41.6 million USD arranged by CTBC Bank Co., Ltd., Cathay United Bank Co., Ltd., Taipei Fubon Commercial Bank Co., Ltd., First Commercial Bank Co., Ltd., Offshore Banking Branch and Union Bank of Taiwan.
In 2024, VCI also has 2 loans in this form, including 119 million USD along with the right to increase the credit commitment limit by up to 81 million USD arranged by Maybank Securities Pte. Ltd., Malayan Banking Berhad (Singapore Branch), Maybank Philippines, Inc., Maybank International (Labuan Branch), and Taishin International Bank Co., Ltd. (Singapore Branch). At the same time, 34 million USD with an option to increase the limit to 100 million USD was arranged by Bank SinoPac Co., Ltd, and Bank of Kaohsiung – Offshore Banking Branch.
The 2025 Extraordinary General Meeting of Shareholders of Vietcap also approved the proposals on the plan to issue 127.5 million individual shares, and approved the plan to establish a subsidiary with an investment capital of 29 million USD in Singapore.
Regarding the purpose of using the capital according to the issuance plan, in the context of the market being expected to continue to grow positively, especially after being upgraded according to FTSE Russell standards, Vietcap's Board of Directors found that the Company needs to soon increase the scale of charter capital to strengthen financial resources to serve existing business activities, improve competitiveness, and at the same time consolidate the foundation for sustainable and long-term development.
This year, VCI set a target of VND1,400 billion in profit, but after 9 months it has reached VND1,100 billion. The company has just completed the largest deal on the market with the IPO of VPBankS, so it is confident of exceeding the plan.
N.Nga
Source: VITIC/Tinnhanhchungkhoan