BOC Hong Kong Expands ASEAN Financial Services, Launches First Islamic Financing in Brunei

Published at May 19, 2026 11:16 am
(Bandar Seri Begawan, 19th) Bank of China (Hong Kong) ("BOC Hong Kong"), as the Southeast Asia regional headquarters of the Bank of China Group, continues to deepen its regional integration development strategy, successfully completing its first Islamic syndicated loan disbursement in Brunei, with a scale of about US$400 million. It has also signed a syndicated loan of nearly US$500 million with a leading Vietnamese securities firm. These projects showcase the bank’s cross-border financial service capabilities in collaboration with Southeast Asian institutions and its expertise in syndicated financing.
BOC Hong Kong Brunei branch provided the market’s first Shariah-compliant syndicated loan disbursement for a large local fertilizer plant that uses natural gas as raw material, a project closely aligned with Brunei’s market characteristics. This supports local industrial and downstream energy sector investment needs, helps Brunei extend into energy chemicals and manufacturing, and accelerates the country’s industrial diversification.
In addition, BOC Hong Kong, together with its Ho Chi Minh City branch acting as lead arrangers, successfully organized a US dollar syndicated loan for a top Vietnamese securities company, attracting participation from banks in Europe and Southeast Asia. BOC Hong Kong also became the first Chinese bank to provide offshore financing to this client, assisting in expanding its international financing channels.
Wang Huabin, Vice President of BOC Hong Kong, stated: “BOC Hong Kong continues to be deeply involved in the Southeast Asian market, providing financial support for local economic development and transformation. Both syndicated loan projects are among the largest of their kind in their respective local markets.
Landing BOC Hong Kong’s first Islamic syndicated financing project has realized a full-process innovation in our Islamic finance offerings, and has also deepened our innovative collaboration with local corporate clients, peer institutions, and regional partners, enhancing the bank’s regional client reach and business penetration.
Looking ahead, BOC Hong Kong will continue to leverage the functions of its regional headquarters, work closely with Southeast Asian branches, and further develop its syndicated lending and structured product systems. This will meet the region’s diversified financing needs and contribute more to regional financial integration and high-quality development.”
BOC Hong Kong’s business covers nine ASEAN countries, fully leveraging its position as Southeast Asia regional headquarters. Relying on Bank of China Group’s “single point access, global response” service network, it provides integrated service support for mainland Chinese enterprises going abroad and Southeast Asian enterprises. In various business scenarios, it offers tailor-made, end-to-end comprehensive financial services and is committed to becoming the trusted financial partner for enterprises.

Author

Han Yin Kong


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