ABBank Equity/CB
Sector: Stadium • Location: Viet Nam
Source: International Finance Corporation (IFC)
The project proposes to forge a long term partnership between IFC and An Binh Commercial Joint Stock Bank (“the Bank”) by providing long term financing to the Bank structured both as senior and convertible debt instruments. The quasi- equity investment of up to $50 million equivalent in Vietnamese Dong will allow the Bank to maintain a healthy CAR while growing its loan portfolio and the $25 mill
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The project proposes to forge a long term partnership between IFC and An Binh Commercial Joint Stock Bank (“the Bank”) by providing long term financing to the Bank structured both as senior and convertible debt instruments. The quasi- equity investment of up to $50 million equivalent in Vietnamese Dong will allow the Bank to maintain a healthy CAR while growing its loan portfolio and the $25 million loan will be earmarked to support climate change initiatives and enhance financing for eligible projects in the Energy Efficiency (EE) and Cleaner Production (CP) arena. This project fits well with the IFC financial markets strategy for Vietnam and is in line with the World Bank Groups efforts to use market mechanisms to mitigate the impact of climate change in Vietnam. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
