International Finance Corp. Supports Ho Chi Minh City Development Joint Stock Commercial Bank to Boost Climate Finance, Drive Vietnam's Climate Goals
December 23, 2021
December 23, 2021
HANOI, Vietnam, Dec. 23 -- The International Finance Corp., a member of the World Bank Group, issued the following news release on Dec. 22, 2021:
As Vietnam accelerates efforts to transition to low-carbon growth, IFC is providing a $70 million loan to Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank)--one of the country's leading banks in climate finance--to increase its funding for renewable energy projects in Vietnam.
With the loan, HDBank expects . . .
As Vietnam accelerates efforts to transition to low-carbon growth, IFC is providing a $70 million loan to Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank)--one of the country's leading banks in climate finance--to increase its funding for renewable energy projects in Vietnam.
With the loan, HDBank expects . . .