42934-014: VIE: LOAN TO SAIGON THUONG TIN BANK (SACOMBANK)
Project Data Sheet (PDS): Overview
The assistance is a loan of up to $25 million, funded in US dollars, to Saigon Thuong Tin Bank (Sacombank). Sacombank will use up to $20 million to facilitate SMEs access to finance and up to $5 million to onlend to Sacombank Leasing Company (SLC), Sacombank's leasing subsidiary, to fund term leases in response to demand from SMEs in Viet Nam. Read More
|Borrower/Equity Investment Name||SAIGON THUONG TIN BANK|
|Type or Modality of Assistance||
|Financing||Private sector (Nonsovereign)|
|Approval Date||10 Dec 2008|
|Closing Date||03 Nov 2009|
|Geographical Location||Viet Nam|
|Subsector||Small and medium enterprise finance and leasing|
Indigenous People: C
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