Original disclosure @ IFC website
Updated in EWS Feb 1, 2023
Disclosed by Bank Nov 18, 2022
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According to the Bank’s website, the proposed investment consists of a 5-year senior - loan from IFC’s own account of up to US$100 million to Oriental Commercial Joint Stock Bank (“OCB”). Proceeds from the proposed investment will be used to support the growth of OCB’s SME loan portfolio.
Orient Commercial Joint Stock Bank
Le Dang Ha Phuong
Head of Financial Institutions
Ben Nghe Ward, District 1, HCMC
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