According to the bank's website, "the proposed investment in Vietnam International Commercial Joint Stock Bank (“VIB” or the “Bank”) is a senior loan package of up to US$300 million comprising of: (i) an A Loan, of up to US$ 150 million with a tenor of 5 years, (ii) mobilization of up to US$150 million with a 3-year tenor (B1 Loan and/or Parallel Loans); to support the growth of the Bank’s housing portfolio (the “Project”). At least 30% of the loan proceeds will be used for affordable housing."
The development impacts of the Project will be delivered through (i) improved access to finance for homebuyers, and (ii) improved lower-income segments’ access to housing finance.
Vietnam International Commercial Joint Stock Bank
Vu Thi Bich Thuy (Ms)
Team Leader, Financial Institution Department
+84 28 6291 7288 or +84 932740660
1st, 2nd Floor, Sailing Tower, 111A Pasteur, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam
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