IFC approves up to $75m convertible loan to Vietnam-based SeABank

IFC approves up to $75m convertible loan to Vietnam-based SeABank

Photo: SeABank's fanpage

International Finance Corporation (IFC) has approved a five-year convertible senior loan of up to $75 million to Vietnam-based Southeast Asia Commercial Joint Stock Bank (SeABank) to help it increase targeted lending to SMEs, including women-led SMEs.