IFC looks to invest $320m in three Vietnamese banks

International lender has been operating in country since 1997

20221122 Vietnam street scene

A vendor walks in an alley decorated with national flags in Hanoi. © Reuters

QUYNH NGUYEN, DealStreetAsia

HANOI -- International Finance Corporation (IFC), a member of the World Bank Group, has proposed a total investment of $320 million in three Vietnamese banks to support their small and medium-sized enterprises (SMEs) loan portfolio.

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