OCB Woman Loan (IFC-41259)

  • Vietnam
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Oct 8, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
The holder of the loan, grant, or other investment.
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Ring Fence
  • Small & Medium Enterprises
A financial intermediary is a commercial bank or financial institution that receives funds from a development bank, sometimes for a specific lending purpose. A "ring fence" is another name for this specific purpose. These funds are then used for lending by the financial intermediary to client companies or individuals.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 57.16 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Corporate Actor Documents
Primary Source

Original disclosure @ IFC website

Updated in EWS Apr 4, 2021

Disclosed by Bank Sep 6, 2018

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Project Description

The investment is in the form of a 3-year senior loan of up to US$100 million to invest the Bank’s lending program to SMEs and women-owned SMEs. consisting of:

(i) up to US$57.16 million IFC A Loan from its own account,

(ii) up to US$42.84 million from IFC acting in its capacity as implementing entity for the Managed Co-Lending Portfolio Program, to Orient Commercial Joint Stock Bank ("OCB" or "the Bank"). 

People Affected By This Project

The development impact of the proposed project is delivered through (i) the increase of access to finance for local SMEs, including women-owned SMEs, (ii) promote competitiveness through market-wide adoption of client-centric business model based on sound risk management, including commitment to international standards in risk management and compliance to Basel 2 principles.

Investment Description

IFC A Loan:  US$57.16 million

IFC acting as implementing entity for the Managed Co-Lending Portfolio Program o the OCB Bank: US$42.84 million


Financial Intermediary
Financial Intermediary: A commercial bank or financial institution that receives funds from a development bank. A financial intermediary then lends these funds to their clients (private actors) in the form of loans, bonds, guarantees and equity shares. Financial intermediaries include insurance, pension and equity funds. The direct financial relationship is between the development bank and the financial intermediary.
Private Actor Relationship

There is often limited information publicly available about what development banks are funding through financial intermediaries. In 2021, the Early Warning System partnered with Oxfam International to incorporate information on high-risk projects being funded by financial intermediaries receiving funding from the International Finance Corporation (IFC) and the Dutch Development Bank (FMO).

The information listed below describes the relationship between the different private actors linked to high-risk sectors and subprojects of IFC and FMO's financial intermediary investments and/or the financial intermediary's parent companies made from 2017 through 2020, including any associated ring fences.

The database, however, does not explicitly or implicitly imply that IFC or FMO have material exposure to or are contractually or legally accountable to the sub-projects financed by their financial intermediaries or the financial intermediary's parent companies. It only shows a seemingly financial relationship among the different private actors, the financial intermediaries, and IFC or FMO.

Private Actors Description

OCB was established in 1996 with its headquarter in Ho Chi Minh City. The Bank provides a wide range of commercial banking products and services to both retail and commercial clients through its network of 121 branches and sub-branches across 24 key cities and provinces in Vietnam. The current main common shareholders are: Chairman Trinh Van Tuan and his related parties (18.62%), and Ben Thanh Group (5.50%). OCB’s shareholder structure currently consists of 2,569 domestic investors holding 95.02% and 1 foreign investor holding 4.98%.

Contact Information

1/The Project Contact

Orient Commercial Joint Stock Bank 
Name: Quang Thi To Loan 
Title: Head of Financial Institutions 
Tel: +840939115537 
Email: loanqtt@ocb.com.vn 
Address: Floor 15th, Vincom Center, 72 Le Thanh Ton, Ben Nghe Ward, District 1, HCMC, Vietnam 

Website: www.ocb.com.vn 

2/ The IFC Contact

General IFC Inquiries
IFC Communications
Address: 2121 Pennsylvania Avenue, NW
Washington DC 20433
Telephone: 202-473-3800
Fax: 202-974-4384


The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/