Viet Nam : Vietnam International Bank Supporting Small and Medium-Sized Enterprises and Improving Living Conditions Project

Nonsovereign Project | 53427-001

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

  • 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
Country / Economy Viet Nam
Location Nation-wide
Type or Modality of Assistance
4049 Loan Ordinary capital resources USD 100.00 million Committed
CF95 B-Loan Other USD 100.00 million Committed
Operational Priorities OP1: Addressing remaining poverty and reducing inequalities
OP2: Accelerating progress in gender equality
OP4: Making cities more livable
Sector / Subsector

Finance / Small and medium enterprise finance and leasing

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
Environment FI
Involuntary Resettlement FI-C
Indigenous Peoples FI-C
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
Timetable for assistance design, processing and implementation
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.

The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.


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.


The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

Requests for information may also be directed to the InfoUnit.