The Asian Development Bank provided a $100M loan to HDBank, while Affinity Equity Partners sold a minority stake in the bank. This partnership also involved expanding digital payments in Vietnam.
1 report, 1 independent
Updated Jul 8
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What happened
The Asian Development Bank provided a $100M loan to HDBank, while Affinity Equity Partners sold a minority stake in the bank. This partnership also involved expanding digital payments in Vietnam.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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HDBank
commercial banking company
- FinDev, a Canadian investment company, is expanding its investment activities in Vietnam through partnerships with HDBank and high-level bilateral discussions.
- An MoU was signed on September 1, 2026, to strengthen cooperation in financial services and expand access to international capital markets between HDBank and Citi.
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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
- ADB supports green financing initiative in Cambodia.
- Vietnam is seeking cooperation and financial support from international bodies like AIIB, ADB, and IFC for its infrastructure projects.
- Cabinet approved an ADB-supported loan program on September 1st.
- ADB supports India's infrastructure financing needs.
- SB Telecom Vietnam, a company in the Vietnamese telecommunications sector, was reported to be a subsidiary of SoftBank in 2013.