Vietnam’s SeABank gets $200 million loan for socioeconomic development

By Marisa Wong

Los Angeles, June 22 – Southeast Asia Commercial Joint Stock Bank (SeABank) received an up to $200 million loan from U.S. International Development Finance Corp. (DFC), according to a press release.

The purpose of the loan is to encourage socioeconomic development in the country through supporting women-owned, women-led corporations, small- and medium-sized enterprises (SMEs) and addressing the climate crisis.

SeABank is based in Vietnam.

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