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With VPBank, Proparco supports green projects and SMEs in Vietnam

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Logo VP Bank

Proparco signed a USD 50 million loan to VPBank partially dedicated to climate-friendly initiatives, and commits to financing green and energy efficiency projects, as well as supporting SMEs in the country.

Established in 1993, Vietnam Prosperity Joint-Stock Commercial Bank ("VPBank") is one of the largest private banks in Vietnam. It has a particular focus on retail and SME customers, supporting segments of the economy usually underserved in terms of banking services, through its nationwide network of agencies and specialized centers for small and medium sized business segment.