Fundraise

HDBank lands $100M ADB loan to widen MSME lending in Vietnam

What's the deal? The Asian Development BankDealroom has a profile for this one. Try Dealroom → (ADB) has signed a $100 million loan with Ho Chi Minh City Development Joint Stock Commercial Bank (HDBankDealroom has a profile for this one. Try Dealroom →) to expand finance for micro, small, and medium-sized enterprises (MSMEs) in Vietnam. The facility, structured as post-IPO debt, carries a focus on women-owned firms.

Who's involved? ADB led the financing as mandated lead arranger and co-coordinator with Standard CharteredDealroom has a profile for this one. Try Dealroom → Bank (Singapore) Limited. Together they brought in 29 commercial banks to mobilise a further $621 million for HDBank.

What's the money for? The financing supports HDBank's medium- to long-term lending, with at least 40% of ADB's portion directed to women-led MSMEs.

Why now? The loan lands just as HDBank reshapes its ownership. In July 2026, DealStreetAsia reported that Affinity Equity PartnersDealroom has a profile for this one. Try Dealroom → exited the lender, selling its minority stake to HDBank's controlling shareholder.

The signal: Development finance continues to flow into Vietnam's small-business lending, deepening capital infrastructure for the country's MSME base.

Read more: DealStreetAsia

Image credit: Generated with Gemini

More top stories