Original disclosure @ ADB website
Updated in EWS Mar 14, 2023
Disclosed by Bank May 20, 2022
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According to the banbk's website, "the loans to Vietnam Prosperity Joint Stock Commercial Bank (VPB), one of the leading joint stock banks in Viet Nam, will increase the bank’s capacity to finance the underserved segment of small and medium-sized enterprises (SMEs), including SMEs owned by women (WSMEs). This segment is large in Viet Nam — 98% of all businesses are classified as SMEs — and women borrowers are particularly underserved".
Rafiq, Adnan (ADB Officer)
Private Sector Operations Department
Private Sector Financial Institutions Division
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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.