As of January 31, 2024
Untied TSL currently available to Asian countries is as follows.
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GREEN untied two-step loan to VCB
| Name of loan | JBIC GREEN UNTIED LOAN 2 TO VIETCOMBANK |
|---|---|
| Eligible country | Vietnam |
| Borrower (abbreviation) | Joint Stock Commercial Bank for Foreign Trade of Vietnam (VCB) |
| Local contact details | Offshore Funding Department, VCB Telephone number: (+84-24) 3 934 3137 ext: 0914 Fax number: (+84-24) 3 939 3734
|
| Total facility amount | USD300 million |
| Unapproved (unutilized) amount | USD300 million |
| Use of proceeds | Funds neccesary for VCB to finance renewable energy projects in Vietnam |
| Final application date for approval of contracts / projects | Feburary 28, 2026 |
| Final disbursement date from JBIC to the Borrower | March 29, 2026 |
| Eligibility of projects and conditions for sub-loans | |
| Eligible sub-borrowers | borrowers Companies that implement a renewable energy project in Vietnam |
| Eligible sectors / projects / goods | Renewable energy projects for which the quantitative confirmation of GHG emission can be omitted |
| Loan amount (currency) | Determined for each project |
| Interest rate | Determined by adding a margin to the funding cost of VCB |
| Loan period | Determined for each project (within the period of the loan from JBIC to VCB, which matures on March 29, 2035.) |
| Involvement of Japanese affiliates in eligible country and conditions | ●Allowed Conditions: See "Eligible sub-borrowers" above |
| Other conditions | - |
| Contact details of JBIC | Division 1, New Energy and Power Finance Department II, Infrastructure and Environment Finance Group (telephone number: +81-3-5218-3412) |