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DEG

Foreign investors finance to help HDBank expand lending to smaller businesses

As Vietnam accelerates economic recovery amid Covid-19, IFC, LeapFrog Investments, and DEG have invested $165 million in convertible Tier 2 bonds issued by HDBank, a leading Vietnamese private retail and SME bank.

DEG sponsors $20 million to develop Novaland’s Azerai Can Tho resort

DEG also provides consulting service for Novaland in other issues.

German financial firm buys into TTCSugar

DEG has agreed to pour $28 million in exchange for a number of preferred stocks issued by Vietnam’s Thanh Thanh Cong Bien Hoa JSC (TTCSugar).

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