Thailand’s Kasikornbank eyes to invest $1 bln in Vietnam till 2027
Thailand's second-biggest lender Kasikornbank (KBank) aims to invest at least $1 billion in Vietnam until 2027 as part of its expansion in Southeast Asia, the bank announced Friday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam SME resilience critically low: ministry
The reliance of Vietnamese small-and-medium-sized enterprises (SMEs) has tanked in the face of prolonged economic headwinds at home and overseas, Vietnam’s Ministry of Planning and Investment (MPI) said Saturday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Germany’s DEG to provide $55 mln loan to back Vietnam lender OCB’s SME portfolio
DEG, the German government’s investment arm, has committed a $55 million loan for Vietnam’s Orient Commercial Joint Stock Bank, or OCB.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam lender SHB seeks strategic foreign investor
Saigon-Hanoi Bank (SHB) is seeking an optimal strategic partner towards delivering greater value to customers and shareholders, a source with knowledge of the matter told The Investor Friday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
IFC’s $120 mln investment in Vietnam lender SHB to widen SME loans
International Finance Corporation, the World Bank’s investment arm, has decided to invest $120 million into Saigon-Hanoi Bank (SHB) to help the Vietnamese lender expand financial access for small and medium enterprises.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Standard Chartered, accounting software firm Misa join hands to finance SMEs
Standard Chartered Vietnam and MISA JSC, the provider of accounting software Misa, launched a strategic partnership on Friday to offer unsecured invoice financing facilities to small- and medium-sized enterprises (SMEs) in Vietnam.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
ACB bank set to invest more in digital banking, corporate lending
Vietnam’s Asia Commercial Joint Stock Bank (ACB) is planning to focus more on major corporate clients and digital banking, its CEO Tu Tien Phat said on Thursday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
IFC lends $40 mln to Vietnam lender SHB, expects new $50 mln
World Bank investment arm IFC signed a $40 million loan for Saigon-Hanoi Bank (SHB) on Tuesday to help the lender expand financial access for small and medium enterprises, while seeking a $50 million financing package for the same purpose.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
OPEC Fund’s $40 mln loan for Maritime Bank to support SMEs
The OPEC Fund for International Development (OFID) is providing a $40 million loan to Vietnam's Maritime Bank for on-lending to small and medium-sized enterprises.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam firms sell 10 mln products on Amazon in 12 months
Vietnamese businesses sold nearly 10 million products to Amazon customers worldwide between August 2021 and August 2022, according to Amazon Global Sales Vietnam’s annual SME Empowerment Report.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
IFC seeks to channel $320 mln into 3 Vietnamese banks
The World Bank Group’s investment arm IFC has proposed investments totaling $320 million in three Vietnamese banks to support their loan portfolios for small and medium-sized enterprises (SMEs) and housing finance.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Funding Societies signs $50 million credit package with HSBC
Funding Societies, a digital financing platform for Southeast Asian small and medium enterprises, has inked a $50 million credit facility with HSBC Singapore to further expand its business reach.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
US finance institution DFC grants $200 mln loan to SeABank
The U.S. International Development Finance Corporation (DFC) has approved a $200 million loan for Vietnam’s SeABank to further support women-owned, women-led companies and small and medium enterprises, as well as promote climate change finance.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
SME investment to gain from VAFIE, Korea Credit Guarantee Fund support
Vietnam’s Association of Foreign Invested Enterprises (VAFIE) and Korea Credit Guarantee Fund seek to jointly promote Korean SME investment in Vietnam, where giants Samsung and LG are among the leading investors.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
IFC intends $225 mln loan to VPBank
International Finance Corporation (IFC), the largest global development institution focused on the private sector in developing countries, has proposed a five-year loan package of up to $225 million to VPBank.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
IFC seeks to invest $311 million in Vietinbank
The World Bank’s investment arm IFC has proposed an investment of up to $311 million in Vietinbank, Vietnam's second largest lender by assets.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
IFC, Vietnam’s HDBank to boost finance for smaller firms, supply chains
The World Bank’s investment arm IFC is joining forces with HDBank to help Vietnamese small and medium businesses get access to funding to better take part in global supply chains, and expand into new markets.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
- Editor’s Picks
-
CIMB Bank Vietnam posts $3.4 mln loss in 2023
-
With multiple coal-fired power plants facing closure, Vietnam still has no transition roadmap
-
$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June
-
Berjaya Vietnam CEO and his business portfolio
-
Vietnam-China joint venture to build $800 mln automobile factory
- Most Read
Vietnam appreciates Apple investment, creation of 200,000 jobs: PM
Companies - Update 2 day ago
Apple announces Vietnam expansion, CEO Cook in town
Industries - Update 2 day ago
- Editor’s Picks
-
CIMB Bank Vietnam posts $3.4 mln loss in 2023
-
With multiple coal-fired power plants facing closure, Vietnam still has no transition roadmap
-
$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June
-
Berjaya Vietnam CEO and his business portfolio
-
Vietnam-China joint venture to build $800 mln automobile factory
