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IFC buys into PVI Holdings

After the deal, IFC and major strategic shareholder HDI Global SE will hold more than 54 per cent of the voting rights in PVI Holdings.

IFC provides $100 million loan to OCB, boosting climate finance in Vietnam

With IFC’s support, OCB expects to double its SME lending portfolio by 2024 by leveraging its digital banking platform and developing products that cater to the sector’s needs.

IFC provides $150 million financing package to SeABank

To support local businesses and help them make a resilient recovery after the Covid-19 pandemic, IFC is providing a $40 million loan to Southeast Asia Commercial Joint Stock Bank (SeABank).

IFC provide $57 million to two wind power plants

REE expands its footprint in renewable energy, it is looking for long-term US dollar-based financing that is not readily available in the local market.

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.

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