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Vietnam

IFC helps SMEs with credit contracts

The International Finance Corporation has signed a VND320bn (US$20m) credit contract with Viet Nam Technological and Commercial Joint Stock Bank to improve bank loan access for Vietnamese SMEs. (more…)

Maritime Bank offers export factoring services

The Maritime Bank began implementing export factoring services for enterprises last week under an agreement by the State Bank of…


Maritime export service approved

The State Bank of Viet Nam has allowed the Maritime Bank (MB) to implement an export factoring service. (more…)


Maritime Bank to launch factoring service

Maritime Bank has been permitted by the central bank to launch a factoring unit. (more…)


State debt agency factors further sugar company bank loans

A Vietnamese state-owned debt management firm has taken over debts worth VND77bn (US$4.8m) owed by two public sector sugar companies.…


Sumitomo Mitsui eyes bank stake in Exim Bank

SMFG is considering a 15% investment in Vietnam's state-owned export bank, in a bid to expand in the Asian region. (more…)


Sacombank to open a commercial bank rep office...

Sacombank has become the first commercial bank of Vietnam to have a representative office abroad. (more…)

#bank#banks#international


SeaBank to provide factoring service

The State Bank of Vietnam has given the go ahead to the Southeast Asia Commercial Joint Stock Bank to provide factoring services.…


Eximbank to join IFCs trade finance network

The Vietnam Export-Import Commercial Bank is expected to sign an agreement with the International Finance Corporation to join IFC's global…


Saigon Commercial Bank enters factoring market

The Saigon Commercial Bank has been authorised to provide factoring services. (more…)

#bank#exporters#receivables


A call for factoring in Vietnam

At the Increasing Access to Credit in Viet Nam through Collateral (Secured Transaction) Reform workshop delegates called for factoring to play…


IFC supports Techcombank to help small business

The International Finance Corporation s Mekong Private Sector Development Facility (IFC-MPDF) will work with the Vietnamese Technological and Commercial Joint…

#bank#international#Produce

IFC helps Vietnamese banks

The IFC's Mekong Private Sector Development Facility has launched a five-year project worth over USD6m to help Vietnam's commercial lenders provide better…

#bank#banks#commercial finance

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