IFC proposes to extend $130m financing to Vietnam's SeABank

IFC proposes to extend $130m financing to Vietnam's SeABank

Photo: SeABank's fanpage

The International Finance Corporation (IFC), part of the World Bank, is considering a $130-million senior loan to Hanoi-based Southeast Asia Commercial Joint Stock Bank (SeABank) to support the lender’s plan to grow its climate financing, SME and retail portfolio, according to a disclosure.