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DFC grants an up to 200 million USD loan to Vietnam's SeABank

HANOI, Vietnam, June 22, 2022 /PRNewswire/ U.S. International Development Finance Corporation (DFC) has announced its approvement of 34 transactions valued up to1.4 billion USD that advance development impact in developing countries. Among these projects, Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB) is the only Vietnam-based bank to be approved an up to $200 million loan in order to encourage socioeconomic development in the country through supporting women-owned, women-led corporations, SMEs, and addressing the climate crisis. U.S. International Development Finance Corporation (DFC) is an independent U.S. government's development finance institution. DFC partners with the private sector to provide finance support and solutions for projects with great economic potential and new economical tools that enable it to grant loans and offer credit solutions. DFC invests across sectors including energy, healthcare, critical infrastructure, and technology; while pr ....

Han I , Republic Of , United States , Ngh An , Us International Development Finance Corporation , Southeast Asia Commercial Joint Stock Bank Seabank , Blueorchard Microfinance Fund , Development Finance Corporation , Southeast Asia Commercial Joint Stock Bank , Eastern Europe , Latin America , Responsability Investments , June 22 , 022 Prnewswire Us International Development Finance Corporation Dfc Has Announced Its Approvement Of 34 Transactions Valued Up To1 4 Billion Usd That Advance Impact In Developing Countries Among These Projects , Southeast Asia Commercial Joint Stock Bank Seabank , Tock Code Ssb Is The Only Vietnam Based Bank To Be Approved An Up 200 Million Loan In Order Encourage Socioeconomic Development Country Through Supporting Women Owned , Omen Led Corporations , Nd Addressing The Climate Crisis Us International Development Finance Corporation Dfc Is An Independent Government 39s Institution Partners With Private Sector To Provide Support And Solutions For Projects Great Economic Potential New Economical Tools That Enable It Grant Loans Offer Credit Invests Across Sectors Including Energy , Critical Infrastructure , Nd Technology While Provides Financing For Small Businesses And Women Entrepreneurs In Order To Create Jobs Emerging Markets Adhere High Standards Respect The Environment , Human Rights , Nd Worker Rights According To Dfc 39s Annoucement In This Quarter , T Has Approved Several Transactions Of Development Priorities , Focusing On Food Security , Climate Change , Gender Equity ,