The Asian Development Bank granted a trade finance package to Nam A Bank, a Vietnamese financial institution.
1 report, 1 independent
Updated Jun 26
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What happened
The Asian Development Bank granted a trade finance package to Nam A Bank, a Vietnamese financial institution.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Asian Development Bank
regional development bank
- The Asian Development Bank has lifted its growth outlook for developing Asia and maintained its forecast for China at 4.6%, noting energy costs from the Middle East conflict.
- The Philippines is seeking international financial support from the World Bank and Asian Development Bank for its budget needs.
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Vietnam
country in Southeast Asia
Related events
- IFC and World Bank Group propose a $50 million trade finance facility to expand banking operations in Vietnam.
- Nam A Bank aims for Net Zero 2050 and is actively financing green projects within Vietnam.
- Cooperation on market development between Vietnam and the Financial Conduct Authority (FCA) to strengthen links with London's financial center.
- Vietnam is seeking cooperation and financial support from international bodies like AIIB, ADB, and IFC for its infrastructure projects.
- Government seeks foreign financing to fund infrastructure projects.