International Finance Corp., LeapFrog Investments, DEG Invest in Vietnam's HDBank to Help Accelerate Economic Recovery, Expand Lending to Smaller Businesses, Boost Resiliency of Banking Sector
January 26, 2022
January 26, 2022
HANOI, Vietnam, Jan. 26 -- The International Finance Corp., a member of the World Bank Group, issued the following news release on Jan. 25, 2022:
As Vietnam accelerates economic recovery amid COVID-19, IFC, LeapFrog Investments, and DEG - Deutsche Investitions- und Entwicklungsgesellschaft have invested $165 million in convertible Tier 2 bonds issued by Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank), a leading Vietnamese private retail and SME bank. While strength . . .
As Vietnam accelerates economic recovery amid COVID-19, IFC, LeapFrog Investments, and DEG - Deutsche Investitions- und Entwicklungsgesellschaft have invested $165 million in convertible Tier 2 bonds issued by Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank), a leading Vietnamese private retail and SME bank. While strength . . .