NCB Introduces Specialized Financing Solutions for Pharmaceutical & Medical Supply Enterprises

The National Citizen Commercial Joint Stock Bank (NCB) has launched a dedicated financial solution package for enterprises operating in the pharmaceutical and medical supplies sectors, providing stable and flexible capital support to help businesses manage cash flow proactively and enhance competitiveness in the market.

Booming Pharmaceutical and Medical Device Market Amid Capital Challenges

Vietnam’s pharmaceutical and medical equipment markets are experiencing rapid growth in both scale and investment demand. According to the Vietnam Pharmaceutical Industry Overview Report by IQVIA at the end of 2024, pharmaceutical sales reached USD 8.9 billion, ranking second in Southeast Asia. By 2030, the total value of Vietnam’s pharmaceutical market is forecast to rise to around USD 13 billion. Meanwhile, the medical device market is expected to grow by 10% annually during 2025–2027, reflecting the nationwide demand for healthcare modernization and improved medical services.

However, despite vast market potential, the domestic supply of medical equipment still relies heavily on imports, particularly for high-tech and specialized machinery. As a result, local pharmaceutical and medical supply companies must prepare substantial capital to import internationally certified equipment and meet hospital tender timelines. Meanwhile, cash flow from distribution contracts often returns slowly, leaving many small and medium-sized enterprises under financial pressure — struggling to maintain daily operations while seeking to expand their scale.

The pharmaceutical and medical supplies market holds high growth potential and ample room for development

Specialized Solution from NCB: Financing up to 90% of Capital Needs, Credit Limits up to VND 30 Billion

Understanding the specific challenges of the industry, NCB has developed a specialized financial solution package tailored for pharmaceutical and medical equipment enterprises, focusing on working capital support, guarantees, letters of credit, and capital commitment facilities. This solution enables small and medium-sized enterprises to operate more proactively, reduce upfront financial strain, and strengthen competitiveness.

Specifically, NCB finances up to 90% of customers’ working capital needs within the business plan year or per business proposal. Notably, the bank accepts receivables as full collateral for credit approval, allowing enterprises to secure funding even before collecting debts, with a credit limit of up to VND 30 billion.

NCB provides flexible financing solutions for pharmaceutical and medical supply enterprises

At the same time, guarantee deposit ratios start from as low as 0%, facilitating participation in hospital and public tenders, enhancing the likelihood of successful bids, and expanding market share. This enables businesses not only to strengthen their domestic presence but also to prepare effectively for international cooperation as Vietnam’s pharmaceutical and medical supplies markets become increasingly integrated globally.

With flexible financing solutions, swift approval processes, and competitive lending policies, NCB helps pharmaceutical and medical supply enterprises ease financial pressure while focusing more resources on research, production, and distribution. In doing so, the bank contributes to the sustainable growth of the healthcare industry and the improvement of community health and well-being.

In recent years, NCB has continuously developed specialized financial packages for other key industries such as manufacturing, export, fast-moving consumer goods (FMCG), and real estate. Through its “tailored-fit” approach for each sector, NCB is affirming its position as a trusted financial partner — always accompanying and empowering enterprises at every stage of development. Alongside this, the bank is also accelerating digitalization across its products and services to enhance user experience, optimize operations, and create practical value for Vietnam’s business community.

* For more details, program terms, and other attractive offers, customers can visit NCB’s website at https://www.ncb-bank.vn/, contact any NCB branch or transaction office nationwide, or call the Hotline at (028) 38 216 216 - 1800 6166.