The State Bank of Vietnam (SBV) met with European Investment Bank (EIB) Vice President Nicola Beer and signalled potential participation in the EIB’s Greening Financial Systems (GFS) technical assistance programme, sending the EIB an expression of interest on joining the initiative. The EIB highlighted its long-standing cooperation with Vietnam since the 1997 financial cooperation framework agreement and cited current support including financing for Hanoi Metro Line 3 (EUR 141 million), a 2012 environmental credit line (EUR 150 million) and Ho Chi Minh City Metro Line 2 (EUR 150 million). The GFS programme, funded by Germany’s Federal Ministry for Economic Affairs and Climate Action, is intended to help central banks and financial institutions integrate climate risk into regulatory frameworks and encourage private-sector participation in sustainable finance.
State Bank of Vietnam 2025-03-12
State Bank of Vietnam submits expression of interest to join European Investment Bank Greening Financial Systems technical assistance programme
The State Bank of Vietnam expressed interest in joining the European Investment Bank's Greening Financial Systems programme, which aims to integrate climate risk into regulatory frameworks. The EIB has a history of cooperation with Vietnam, including financing major metro projects and environmental initiatives.