IFC may extend $75m loan to back Vietnam-based VPBank’s supply-chain finance portfolio

Photo credit: VPBank

International Finance Corporation (IFC) has proposed an investment of up to $75 million in Vietnam Prosperity Joint Stock Commercial Bank (VPBank) to help the Vietnamese lender provide supply-chain finance (SCF) on a portfolio basis.

IFC’s loan is part of VPBank’s financing plans of up to $150 million.

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