VIB completes USD 285 million loan: VDSC sets VND 16,250 target for VIB stock

Published on 10/20/2026 at 10:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

VIB completed the loan on October 7, 2026, as foreign funding reached USD 1.60 billion. VIB stock has a VND 16,250 target dated September 29, 2026.

Funding and capital milestones

On October 7, 2026, VIB completed a USD 285 million syndicated loan.
VDSC set a VND 16,250 target on September 29, 2026.
VIB's charter capital reached VND 37,354 billion after the funding announcement.

VIB, VN000000VIB1, Illustration mit AI erstellt.

Vietnam International Commercial Joint Stock Bank, known as VIB (VN000000VIB1), completed a USD 285 million syndicated loan on October 7, 2026, according to VIB. On September 29, 2026, VDSC set a VND 16,250 target for VIB stock, according to Nguoi Quan Sat.

What does the funding change?

The loan has a three-year tenor and a cost of funds 30 basis points lower than VIB's previous syndicated loan. VIB said outstanding foreign funding stood at USD 1.60 billion and was expected to reach USD 2.00 billion in 2027. The lower funding cost gives the bank more room to manage liquidity and match funding maturities with lending needs.

Three capital steps in 2026

On August 14, 2026, VIB finalized a VND 3,233,805,420,000 capital increase through a share issuance, according to VSDC. On September 29, 2026, VDSC published its VND 16,250 target and forecast third-quarter pretax profit of VND 2,500 billion, up 25.00 percent year over year, according to Nguoi Quan Sat. On October 7, 2026, VIB disclosed the USD 285 million loan and its USD 1.00 billion international funding plan.

Can credit growth outrun risk costs?

VIB's first-half 2026 pretax profit exceeded VND 5,180 billion, while outstanding loans at the end of the second quarter reached VND 400 trillion, according to VIB. The bank also launched a VND 15 trillion preferential lending program in the second quarter of 2026, with interest rates starting at 8.00 percent per year. That combination makes funding quality and credit discipline central to the investment case.

Funding supports the next phase

VIB's disclosed plan combines USD 1.60 billion of outstanding foreign funding with a USD 1.00 billion 2026 target and a three-year USD 285 million facility. Its charter capital reached VND 37,354 billion after the bank issued more than 323 million shares for a 9.50 percent stock dividend, according to VIB.