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TPB Quasi Equity

Sector: Commercial • Location: Viet Nam

Source: International Finance Corporation (IFC)

Project
Active

The proposed project involves an IFC investment in dividend preference shares of Tien Phong Commercial Joint Stock Bank (“TPBank” or the “Bank”). TPBank is a fast growing mid-tier commercial bank, strategically aiming to become a leading digital bank of Vietnam. As at 31 December 2015, the Bank had a total assets of US$3.5 billion equivalent and serving over 1 million customers. IFC’s investment w

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The project “TPB Quasi Equity” is an infrastructure initiative in the Commercial sector, located in Viet Nam. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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active

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Description

Description

The proposed project involves an IFC investment in dividend preference shares of Tien Phong Commercial Joint Stock Bank (“TPBank” or the “Bank”). TPBank is a fast growing mid-tier commercial bank, strategically aiming to become a leading digital bank of Vietnam. As at 31 December 2015, the Bank had a total assets of US$3.5 billion equivalent and serving over 1 million customers. IFC’s investment will allow the Bank to capitalize on new business opportunities and implement its growth strategy.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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