IFC may extend $75m loan to back Vietnam-based VPBank's supply-chain finance portfolio

IFC may extend $75m loan to back Vietnam-based VPBank's supply-chain finance portfolio

Photo credit: VPBank

International Finance Corporation (IFC) has proposed an investment of up to $75 million in Vietnam Prosperity Joint Stock Commercial Bank (VPBank) to help the Vietnamese lender provide supply-chain finance (SCF) on a portfolio basis.