Deals

Development bank AIIB to allocate $5b to Vietnam’s sustainable economy

AIIB has already approved three projects worth a combined $223m as part of the plan.

Deals

IFC, VPBank provide $150m financing package to Vietnamese coffee enterprises

This marks the first supply-chain co-financing programme between IFC and a Vietnamese commercial bank.

Deals

Vietnam-based digital consumer platform Be raises over $30m

Be expects to be EBITDA-positive in 2024.

Deals

Vietnam’s VPBank nears deal to sell 15% stake to Japan’s Sumitomo Mitsui

The bank will sell more than 1 billion shares to SMBC Consumer Finance for $1.4b.

Deals

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

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

Deals

IFC proposes $100m financing package for Vietnamese lender VPBank

The package includes mobilisation of up to $100m from various sources.

Deals

Vietnamese ride-hailer Be launches digital bank in partnership with VPBank

Integrated into the Be app, digital bank Cake will serve Be Group’s 10 million users.

Deals

IFC provides $140m COVID-19 financing to Vietnam’s VPBank, OCB

The loans to the Vietnamese banks are part of IFC’s $8 billion COVID-19 financing.

Deals

IFC considers extending $150m loan to Vietnamese lender VPBank

The financing aims to support VPBank's lending programme to SMEs affected by the COVID-19 pandemic.

Deals

Editor’s take: The week that was – January 13-17

As we bid adieu to the week gone by, here’s a quick recap of the key developments that unfolded.