According to bank documents, "this trade finance facility will give Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) more capacity to grow their trade finance business especially in the renewable energy space."
Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) is a 100% privately-owned commercial bank in Vietnam, with a total asset size of USD 9 billion and equity of ~USD 800 million as on June 2019. It has a market share of ~ 2% of both system assets and deposits. A largest shareholder with 13.34% stake is Sovico Holdings, a conglomerate with interest in aviation, banking, real estate and hydro power.
No contact details at time of disclosure.
ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism