Nam A Bank and Proparco sign MoU strengthening green financial resources

Nam A Bank and Proparco sign MoU strengthening green financial resources

Southern lender Nam A Commercial Joint Stock Bank (Nam A Bank) and Proparco, the development finance institution of the French Development Agency, have signed an MoU to develop and mobilise green financial resources.

The signing ceremony took place on March 23 in Paris during a high-level working visit by Nam A Bank’s leadership to Europe. This event marks a strategic milestone in the bank’s efforts to internationalise sustainable capital and realise its goal of ‘greening’ business operations while expanding its network of international financial partners.

Tran Khai Hoan- acting CEO of Nam A Bank- and Proparco’s senior representative signed the MoU

Under the MoU, Proparco and Nam A Bank will focus on boosting the development and mobilisation of green financial resources. A central pillar of this partnership is the Green Finance Community, a pioneering initiative proposed by Nam A Bank at the Vietnam International Financial Centre (VIFC - HCMC).

The collaboration with a major institution like Proparco is expected to create a synergistic effect, sharing international resources and transforming VIFC-HCMC into an attractive destination for green capital flows and sustainable development in Vietnam.

The signing took place as Proparco is evaluating a $30 million loan with a five-year term to support Nam A Bank’s green credit portfolio. This funding aligns with Nam A Bank’s long-term strategy to encourage environmentally friendly business activities.

In addition to the signing ceremony, senior leaders from both sides discussed future cooperation activities

Proparco has recently completed its due diligence and Know Your Customer processes at Nam A Bank. Representatives from Proparco praised the bank’s stable growth and safe operations amid economic fluctuations.

Notably, Nam A Bank’s deep integration of Environmental & Social standards into its operations is seen as a vital foundation for further cooperation.

“This MoU is not only a recognition of an international development finance institution’s trust in Nam A Bank, but also a significant step in our journey to elevate our operational standards,” stated a representative from Nam A Bank. “We believe Proparco’s partnership will enable us to expand green financial resources and spread sustainable development values to the Vietnamese business community and the economy.”

A subsidiary of the French Development Agency, Proparco focuses on private sector development. As of late 2025, Proparco held total assets of approximately $10.7 billion, with a loan and investment portfolio of around $9.9 billion. Operating in 115 countries, it has implemented over 900 projects with a total investment value exceeding $11.8 billion globally.

VIR