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VPBank Senior Loan

Sector: Warehouse • Location: Viet Nam

Source: International Finance Corporation (IFC)

Project
Completed

The Project is to provide (i) a senior loan that consists of up to US$50 million A loan as well as up to US$50 million B/ Parallel loan, and (ii) a trade finance guarantee facility of up to US$50 million through IFC Global Trade Finance Program (“GTFP”) to Vietnam Prosperity Joint Stock Commercial Bank (“VP Bank” or the “Bank”). Through the investment, IFC will support the Bank’s growth strategy t

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The project “VPBank Senior Loan” is an infrastructure initiative in the Warehouse sector, located in Viet Nam. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Email

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Description

Description

The Project is to provide (i) a senior loan that consists of up to US$50 million A loan as well as up to US$50 million B/ Parallel loan, and (ii) a trade finance guarantee facility of up to US$50 million through IFC Global Trade Finance Program (“GTFP”) to Vietnam Prosperity Joint Stock Commercial Bank (“VP Bank” or the “Bank”). Through the investment, IFC will support the Bank’s growth strategy to expand its reach to small and medium enterprise (“SME”) and micro SME (“MSME”) borrowers, particular women-owned SMEs (“WSMEs”), who play an important role within the economy and contribute towards job creation in Vietnam, as well as mortgage segment. The Project will be supported by IFC’s Women Entrepreneurs Opportunity Facility (“WEOF”).

Original sub-sector

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Original Currency

USD

Original budget

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Location

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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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