TPBank raises $11.6M in 10-year bond tranche amid Vietnam bank funding push
What's the deal? TPBankDealroom has a profile for this one. Try Dealroom → has raised VND300 billion (about $11.6 million) through a 10-year bond issuance, the Vietnamese lender reported to the Hanoi Stock ExchangeDealroom has a profile for this one. Try Dealroom →. The TPBL12617 tranche comprised 3,000 bonds at a par value of VND100 million each, issued on October 23, 2026, and maturing in 2036.
What's the endgame? The issuance builds on TPBank's broader fundraising drive. In September it approved a plan to issue up to 150 million bonds across five tranches — worth VND15,000 billion at par — to supplement Tier 2 capital for 2026–2027.
Why now? TPBank is also tapping international lenders. In October it signed a $50 million five-year loan with DEG, Germany's KfW-backed development finance institution, following $220 million in earlier long-term loans from DFCDealroom has a profile for this one. Try Dealroom → and JICADealroom has a profile for this one. Try Dealroom →.
The bank disclosed no bondholders, collateral, or purpose for the latest tranche.
The signal: TPBank's bond activity reflects a wider push by Vietnamese banks to lock in medium- and long-term funding, with HDBankDealroom has a profile for this one. Try Dealroom → and Techcombank raising VND15 trillion and VND10 trillion, respectively. With bank coupons climbing above 9% and roughly VND70 trillion of corporate bonds due in the rest of 2026, the issuances signal mounting funding-cost pressure across the sector.
Read more: stockbiz.vn
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