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March 21, 2022 | 16:10

VIB obtains $260mln syndicated loan

Tuấn Sơn

The Asian Development Bank (ADB) and the Vietnam International Bank (VIB) have announced a three-year $260 million syndicated loan agreement to improve access to finance for SMEs and individual entrepreneurs. VIB will also implement a technical support program for female entrepreneurs, with a budget of $500,000. This is ADB’s first technical assistance provided to a Vietnamese bank to promote women’s entrepreneurship.

VIB obtains $260mln syndicated loan
Representatives from ADB and VIB at the signing ceremony.

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