Original disclosure @ IFC website
Updated in EWS Sep 13, 2022
Disclosed by Bank May 10, 2022
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According to the bank's website, "the proposed project is up to US$150 million with an IFC investment of up to US$75 million in partnership with Vietnam Prosperity Joint Stock Commercial Bank (“VPBank” or, the “Bank”) to provide supply chain finance (“SCF”) on a portfolio basis for suppliers in Vietnam."
The development impact of the proposed project is expected to be delivered through: (i) increased access to finance for supply chain of agriculture export of Vietnam, including SME suppliers and agriculture exporters, and (ii) increased integration in the market via the promotion of supply chain financing.
Vietnam Prosperity Joint Stock Commercial Bank
Ms. Nguyen Thi Thanh Nga
Head of Financial Institutions Department
+84 24 7305 6600 ext: 100574
89 Lang Ha, Dong Da, Ha Noi, Vietnam
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