According to ADB website, ADB will provide a senior unsecured loan to Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) of up to $200 million in up to two tranches in tenors of up to 5 years. ADB expects to syndicate a B loan of up to $100,000,000 among commercial banks and other eligible B loan participants on a best-effort basis and subject to market conditions.
Joint Stock Commercial Bank for Investment and Development of Vietnam provides various banking products and services for individuals, corporate customers, and financial institutions in Vietnam. It accepts various deposits products, such as bonds, current accounts, demand and fixed deposit accounts, promissory note/certificate of short term deposits, investment deposits, escrow accounts, long and short term valuable papers, securities trading deposits, demand deposits, and time deposits.
Borrower/Company: Joint Stock Commercial Bank for Investment and Development of Vietnam
No contact information provided at the time of disclosure.
ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main