DEG extends $10m funding to Vietnamese commercial lender HDBank

DEG extends $10m funding to Vietnamese commercial lender HDBank

Photo: Internet Archive

DEG, the investment arm of German state-owned development bank KFW, has extended a $10 million funding to Ho Chi Minh City Joint Stock Commercial Bank (HDBank), according to a disclosure.

The funds will be used as growth capital to grow the bank and expand financing to retail and SME customers.

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