Viet Nam : Vietnam International Bank Supporting Small and Medium-Sized Enterprises and Improving Living Conditions Project
A proposed loan of up to $200,000,000 to Vietnam International Commercial Joint Stock Bank (VIB), comprising (i) a senior unsecured A loan of up to $100,000,000; and (ii) a B loan of up to $100,000,000 for the Supporting Small and Medium-sized Enterprises and for Improving Living Conditions project in Viet Nam. The proposed loan to VIB, one of the leading joint stock banks in Viet Nam, will provide critically needed financing to the underserved segment of small and medium-sized enterprises (SMEs).
Project Details
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Project Officer
Rafiq, Adnan
Private Sector Operations Department
Request for information -
Country/Economy
Viet Nam -
Sector
- Finance
| Project Name | Vietnam International Bank Supporting Small and Medium-Sized Enterprises and Improving Living Conditions Project | ||||||||||
| Project Number | 53427-001 | ||||||||||
| Borrower / Company | Vietnam International Commercial Joint Stock Bank |
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| Country / Economy | Viet Nam |
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| Location | Nation-wide | ||||||||||
| Type or Modality of Assistance |
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| Operational Priorities | OP1: Addressing remaining poverty and reducing inequalities OP2: Accelerating progress in gender equality OP4: Making cities more livable |
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| Sector / Subsector | Finance / Small and medium enterprise finance and leasing |
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| Gender | Effective gender mainstreaming | ||||||||||
| Responsible ADB Department | Private Sector Operations Department | ||||||||||
| Responsible ADB Division | Portfolio Management Division, PSOD | ||||||||||
| Responsible ADB Officer | Rafiq, Adnan | ||||||||||
| Project Sponsor(s) | |||||||||||
| Description | A proposed loan of up to $200,000,000 to Vietnam International Commercial Joint Stock Bank (VIB), comprising (i) a senior unsecured A loan of up to $100,000,000; and (ii) a B loan of up to $100,000,000 for the Supporting Small and Medium-sized Enterprises and for Improving Living Conditions project in Viet Nam. The proposed loan to VIB, one of the leading joint stock banks in Viet Nam, will provide critically needed financing to the underserved segment of small and medium-sized enterprises (SMEs). | ||||||||||
| Objectives and Scope | |||||||||||
| Linkage to Country/Regional Strategy |
| Safeguard Categories | |
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| Environment | FI |
| Involuntary Resettlement | FI-C |
| Indigenous Peoples | FI-C |
| Summary of Environmental and Social Aspects | |
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| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| Timetable for assistance design, processing and implementation | |
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| Concept Clearance | 29 Sep 2020 |
| Credit Committee Meeting | 06 Nov 2020 |
| Approval | 19 Mar 2021 |
| Last PDS Update | 19 Mar 2021 |
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
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| Title | Document Type | Document Date |
|---|---|---|
| Vietnam International Bank Supporting Small and Medium-Sized Enterprises and Improving Living Conditions Project: Report and Recommendation of the President | Reports and Recommendations of the President | Feb 2021 |
| Supporting Small and Medium-Sized Enterprises and Improving Living Conditions Project: Initial Poverty and Social Analysis | Initial Poverty and Social Analysis | Nov 2020 |
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
None currently available.
Related Publications
None currently available.
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