📋 Tender Overview
Project Number
50407
Company Name
VIETNAM MARITIME COMMERCIAL JOINT STOCK BANK
Date SPI Disclosed
Apr 15, 2025
Country
Viet Nam
Region
East Asia and the Pacific
Projected Board Date
May 15, 2025
Environmental Category
FI-3
Status
Pending Signing
Last Updated Date
Department
Regional Industry - FIG Asia & Pac
Industry
Financial Institutions
Previous Events
Approved : Nov 11, 2004
Sector
Commercial Banking - Trade
Project Description
The proposed investment in Maritime Commercial Joint-Stock Bank ( MSB or the Bank ) is a Global Trade Finance Program ( GTFP or Program ) with an initial limit of US$60 million for a tenor of up to 12 months. The GTFP facility will assist MSB in broadening its client base by supporting its trade finance operations, financing a larger number of importers and exporters, including small and medium-sized enterprises (SMEs). Additionally, it will strengthen the Bank's connections with a global network of correspondent banks and markets.
