Saigon-Hanoi Commercial Joint Stock Bank (SHB) is the latest Vietnamese bank to join IFC in expanding access to finance for small and medium enterprises (SMEs), especially women-owned businesses.
Under a new deal, IFC is providing a US$40m loan - the first phase of an overall planned US$120m financing package, to help the bank be able to provide more support for local enterprises and boost their participation in the global supply chain.