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BSL Signed Syndicated Loan Agreement of 1000 billion dongs

04/07/24

On June 14, 2024, BIDV-SuMi TRUST Leasing Co., Ltd (BSL) signed a Syndicated Unsecured Loan Agreement with the value of 1000 billion dongs with four foreign bank branches in Vietnam in order to strengthen cooperation in providing medium and long-term credit facilities for Small and Medium Enterprises (SMEs) in Vietnam through Leasing activities.

BSL Signed Syndicated Loan Agreement with E.SUN Bank – Dong Nai Branch, First Commercial Bank – Ho Chi Minh City Branch, The Shanghai Commercial & Saving Bank – Dong Nai Branch, and Mega International Commercial Bank – Ho Chi Minh City Branch

The Syndicated Loan Agreement was signed between BSL and E.SUN Bank – Dong Nai Branch, First Commercial Bank – Ho Chi Minh City Branch, The ShangHai Commercial & Saving Bank – Dong Nai Branch, and Mega International Commercial Bank – Ho Chi Minh City Branch.

This is the 3rd consecutive year that E.SUN Bank has cooperated with BSL as the arranger of the unsecured Syndicated Loan Agreement between BSL and large and reputable banks.

At the signing ceremony, Mr. Nguyen Thieu Son, General Director of BSL, shared BSL’s business results in 2023 and its operational orientation for 2024. In 2023, BSL maintained an impressive loan portfolio growth rate of approximately 27%, higher than the average growth rate of the finance leasing and banking industries. To achieve this impressive growth rate, BSL has remained steadfast in its development strategy, which is to emphasize building sustainable relationships with customers, continuously innovating, applying technology in management, enhancing customer experience, and strengthening social responsibility activities. He highly appreciated the trust of the banks and committed to continue maintaining rapid and safe growth of BSL with its partners.

The representatives of the banks all highly appreciated the capabilities and development potential of BSL, and also expressed their confidence in BSL’s long-term vision and strategy. With its vision and strengths, through the syndicated loan, BSL will be a bridge for banks to access small and medium-sized enterprises, thereby supporting enterprises to grow and increase their financial strength.

BSL and its partners also share a common vision in jointly carrying out social responsibility activities, contributing to the overall development of the economy and bringing prosperity to Vietnamese society.

Representatives of BSL posed for a group photo together with representatives from the 4 banks