Asian Development Bank and Lien Viet Post Bank sign $80m financing package to support Women-owned SMEs in Vietnam.
The Asian Development Bank (ADB) and Lien Viet Post Joint Stock Commercial Bank (LPBank) signed a $80m financing package to increase access to finance for women-owned small and medium-sized enterprises (WSMEs) in Vietnam. The deal includes a $30m loan from ADB's ordinary capital resources and $50m syndicated parallel loans, with parts from the Export-Import Bank of China (CEXIM), international cooperation, and ILX Fund.
June 13, 2024
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