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IFC Announces $212.5 Million Loan to Vietnam Bank to Boost Lending for Renewables

The loan would help Vietnam support small and medium enterprises, develop renewable projects

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The International Finance Corporation (IFC), a member of the World Bank Group, has announced that it would provide a loan to the Vietnam Prosperity Joint Stock Commercial Bank (VP Bank) to help expand its lending capacity to small and medium enterprises (SME) for climate-friendly projects.

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