IFC announces $150m financing package for Vietnam’s ABBANK

Da Nang, Vietnam

By Juliet Shwe Gaung

December 19, 2017

International Finance Corporation (IFC), the private lending arm of the World Bank Group, and Goldman Sachs 10,000 Women have announced a syndicated senior loan of $110 million to An Binh Commercial Joint Stock Bank (ABBANK) to boost lending to small and medium enterprises (SMEs). The loan is part of an up to $150-million financing package being arranged by IFC for the bank.

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  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
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