Vietnam’s SHB raises S$229m through CGIF-backed social bonds

The dual-tranche issuance is the first Singapore dollar bond from a Vietnamese issuer and will support lending to local MSMEs.

Vietnam’s Saigon-Hanoi Commercial Joint Stock Bank (SHB) has issued S$229 million ($179 million) of social bonds guaranteed by the Credit Guarantee and Investment Facility (CGIF), giving the lender access to Singapore’s institutional bond market.

¬ Haymarket Media Limited. All rights reserved.

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