Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Business

VPBANK TO PARTICIPATE IN SME FINANCING PROJECT PHASE II & III (SMEFP II & III)

vpbank

Recently, in Hanoi, Vietnam Prosperity Bank (VPBank) has officially been approved by the Governor of the State Bank of Vietnam to sign the framework agreement of financing project for Small and Medium Enterprises Phase II & III (SMEFP II & III) with the Representative of the State Bank of Vietnam (SBV) which is the management committee of ODA International Credit Projects.

vpbankSMEFP II & III belongs to the financing plan for small and medium enterprises (SME) funded by Japan International Cooperation Agency (JICA) aiming to support SMEs to strengthen competitiveness in the current economic context. SMEFP II & III is implemented by establishing on-lending loans through commercial banks, contributing to simplifying the procedures of SMEs to access the medium and long term loans; simultaneously supporting the development strategy of the bank in SME funding and capacity building for SBV in management mechanism.

With the goal to become one of 5 leading Joint stock Commercial Banks in Vietnam, in its development strategy, VPBank specially focuses on supporting SME customer segment. The fact that VPBank has been approved to participate in SMEFP II & III will help SMEs access to ODA credit capital sources to develop production and business, as well as determine VPBank’s capacity and prestige in implementing international credit projects.

 

 

 

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post