IFC likely to extend $100m debt to Vietnam's Orient Commercial Bank

IFC likely to extend $100m debt to Vietnam's Orient Commercial Bank

IFC/World Bank HQ. Photo: IFC

International Finance Corporation (IFC), a member of the World Bank Group, is considering extending debt to the tune of $100 million for Vietnam-based Orient Commercial Bank (OCB) to support the bank’s lending programme to SMEs and women-owned enterprises.

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