BIDV spends 10,000 billion VND to sponsor "Green Building" projects

Hồng Hạnh |

This program is implemented by the Joint Stock Commercial Bank for Investment and Development of Vietnam ( BIDV ) from now until December 31, 2025 and applies to businesses investing in "Green Building" projects.

According to the definition of the World Green Building Council (WGBC), "Green Building" is a project that is designed, constructed, operated and maintained in an environmentally friendly, economical and efficient way. resources, while ensuring environmental quality, inside the building meets comfort and health conditions for users.

Understanding the values ​​that "Green Building" brings to society and the economy, with the spirit of accompanying businesses in business investment based on a sustainable commitment to the environment, BIDV spent VND 10,000 billion lending capital to businesses to invest in new or expand "Green Buildings", renovate existing buildings into "Green Buildings" and be granted one of the prestigious certifications: LEED, LOTUS, EDGE , GreenMark.

This program is implemented nationwide by BIDV. Participating in the program, businesses enjoy superior financing policies for projects such as: preferential and attractive loan interest rates; meet diverse loan needs; disbursed quickly and promptly; be advised by a team of experts and highly specialized staff in the field of project financing.

Following the success of the Green Credit Package with a scale of VND 4,200 billion to support textile and garment enterprises in the Green transition process, with the preferential capital financing program for these "Green Building" projects, BIDV continues to affirming its pioneering role in implementing the policies of the Government and the State Bank on green growth and green credit, joining hands with businesses to create a green economy and working with the community towards sustainable development .

As of March 31, 2024, BIDV's green credit balance reached VND 73,394 billion, accounting for 4% of the bank's total credit balance with 2,069 projects/business plans of 1,698 customers. Green credit has been identified by BIDV as one of the top priority goals in its long-term business strategy. With the foundation of the current green loan balance scale, BIDV is expected to continue to grow its loan balance and green credit proportion annually and strive to maintain its position as one of the leading banks in terms of market share and scale. Green credit tissue provided to the market.

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