By Vu Trong Khanh

HANOI--Vietnam's VPBank Finance Co. has secured a $100 million loan arranged by Credit Suisse AG Singapore to supplement working capital, the Swiss investment bank's unit said Thursday.

The loan comes as VPBank Finance--a unit of the unlisted Hanoi-based Vietnam Prosperity Bank, or VPBank--is continuing to build its domestic consumer finance services business.

"This facility enables the company to raise capital for our growing business and provides strong support for our business operations," said VPBank Finance Chief Executive Kalidas Ghose.

Credit Suisse Group AG (CS) is one of the largest foreign capital arrangers in Vietnam, having arranged approximately $7 billion in funding for local entities over the past several years, the investment bank said.

"Vietnam is an important market for Credit Suisse, and we are committed to delivering value to our clients by leveraging the strength of our integrated investment banking and financing platform," said Rehan Anwer, managing director of Credit Suisse AG Singapore.

Write to Vu Trong Khanh at trong-khanh.vu@wsj.com

(END) Dow Jones Newswires

December 28, 2016 23:04 ET (04:04 GMT)

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