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IFC funds Asia-Pacific companies $554 million on road to recovery from Covid-19

Thousands of micro, small, and medium enterprises, and millions of farmers across Asia and the Pacific stand to benefit from the first phase of Covid-19 crisis response funding from IFC, a member of the World Bank Group.

Logistics firm gets $70 million-funding from IFC

The funding will help ITL transform and grow by acquiring new assets, developing new warehouses and facilities, and deploying advanced information technology systems.

IFC lends $140 million to VPBank and OCB to boost finance for local businesses

The aim of the additional financing is to help local businesses with disrupted cash flows sustain operations and maintain jobs.

IFC lends Phu My Hung $75 million to recover after Covid-19

IFC, a member of the World Bank Group, is providing a financing package of $75 million to Phu My Hung Development Corporation to help sustain its property development operations, in the wake of Covid-19 impacts.

IFC to support Hanoi to attract high value-added investment

IFC will work with Hanoi to formulate a new-generation FDI strategy and assist the city in diversifying its funding sources.

IFC increases trade finance limits for Vietnamese banks amid Covid-19

IFC, a member of the World Bank Group, has increased trade finance limits for Vietnamese banks as a rapid response initiative to address, in advance, potential trade finance challenges triggered by the outbreak of the novel coronavirus, known as COVID-19.

IFC provides VPBank $212 million to boost climate financing

This is IFC’s first green loan to a bank in Vietnam.

BIM Land gets $50 million from foreign lenders

BIM Land now get up to $137 million in financing from IFC and Credit Suisse.

Phu My Hung sold entire batch of $1.7-trillion corporate bonds to IFC

The proceeds will be primarily used to develop Phu My Hung’s project in Hoa Binh province.

IFC lends BIM Land $87.5 million to lift sustainable tourism infrastructure

The loan provided to the real estate development arm of BIM Group will be used to support the growth of sustainable tourism infrastructure in not only in Vietnam but also Lao PDR.

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