NCB Bank Expands Its Capital Financing Capacity into the Aviation Sector

The National Citizen Commercial Joint Stock Bank (NCB) has officially expanded its financing activities into the aviation sector by providing capital financing for the latest Airbus A321NX aircraft of Sun PhuQuoc Airways. NCB will also cooperate to support the “leisure airline” in investing in key upgrade projects in 2026.

Comprehensive Partnership, Connecting the Aviation Ecosystem

On the first day of 2026, Sun PhuQuoc Airways (SPA) took delivery of its sixth aircraft, which landed at Noi Bai International Airport. This is a brand-new Airbus A321NX of SPA, added to what is currently the youngest fleet in Vietnam.

The new aircraft of SPA is financed by the National Citizen Commercial Joint Stock Bank (NCB) and is the fourth Airbus A321NX in the airline’s fleet. This is also the first aircraft financing transaction in Vietnam in which NCB has participated, marking the bank’s initial step in accompanying enterprises in the aviation sector.

The new aircraft of SPA financed by the National Citizen Commercial Joint Stock Bank (NCB)

It is known that in 2026, NCB will continue to comprehensively accompany SPA in its subsequent operations and development. With strengthened financial capacity and upgraded product and service solutions meeting high standards, NCB will continue to support SPA through medium- and long-term financing to complete and upgrade its aircraft fleet. At the same time, NCB will meet working capital needs to cover the airline’s regular operating expenses such as aircraft leasing costs, personnel expenses, procurement of materials, and other necessary expenditures.

NCB will also deploy comprehensive financial solutions aligned with SPA’s fleet development plan and operational activities in the new year. Through this, the bank not only creates an important driving force for the new airline to develop rapidly, strongly, and sustainably, but also contributes to the development of Vietnam’s tourism industry – one of NCB’s key strategic directions in the current period.

Sharing about this new step, Mr. Ta Kieu Hung, Chief Executive Officer of NCB, stated, “We aspire to contribute to enhancing tourism and leisure experiences in Vietnam and to attracting international visitors to Vietnam through comprehensive payment solutions that meet needs ranging from individual customers to large enterprises. With our entry into aviation financing, NCB will focus on building and implementing financial solutions tailored to the specific characteristics of the entire aviation ecosystem, aiming to deliver value chains for the industry and the community.”

The bank’s representative also noted that NCB will not only provide financing for individual projects of SPA, but is expected to deliver financial solutions for the entire aviation ecosystem, including entities within the aviation sector, the airline’s partners such as suppliers, operators, aviation technical service providers, airline ticket agents, leisure and tourism companies, and others. Through this, NCB will provide aviation value chains, helping to connect and build an optimally and sustainably developing ecosystem in the aviation sector.

Enhancing Financing Capacity, Ready to Meet Capital Needs of Large Corporations

The expansion of financing into the aviation sector is the next step demonstrating NCB’s strong growth and its increasingly enhanced capacity in recent years. To date, NCB has become a trusted banking partner of large enterprises across various sectors. The bank has implemented supply chain financing for more than 120 enterprises with credit limits amounting to trillions of Vietnamese dong, while also providing capital support for 30 major projects nationwide. NCB possesses a broad partner ecosystem, comprising 30 large-scale construction general contractors, numerous entities leading the VNR500 rankings, and top-tier securities companies in the market, serving customers in multiple fields such as commerce, manufacturing, and technology.

With continuously upgraded foundations and capabilities, NCB is ready to provide capital for key, large-scale projects

The bank has also taken the lead in developing comprehensive financial solution packages, specifically designed for each industry and operating model, including sectors such as construction – infrastructure – real estate; supply chains; services – tourism – entertainment; entities implementing state budget-funded projects; as well as securities and financial companies.

NCB’s financial capacity has been continuously strengthened with three charter capital increases over four consecutive years, elevating NCB from a small-capital bank group to a large-capital bank group. At the Extraordinary General Meeting of Shareholders held on December 24, NCB further approved a plan to increase its charter capital in 2026 to nearly VND 29,280 billion. The entire proceeds expected from the offering will be used to supplement capital sources for credit extension activities, serving corporate and individual customers in production, business, and consumption.

With its continuously enhanced foundation and capabilities, NCB stated that it is ready to accompany large enterprises and key, large-scale, specialized, and complex projects to achieve breakthroughs in the new era.