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Wednesday, July 15, 2026 6:34 GMT
The OPEC Fund for International Development (the OPEC Fund) is providing a US$50 million loan to Southeast Asia Commercial Joint Stock Bank (SeABank) to expand financing for small businesses and climate-focused investments across Vietnam. SeABank has mobilised approximately US$1.1 billion to promote inclusive, sustainable finance in Vietnam. The loan will help SeABank increase lending to micro, small and medium-sized enterprises (MSMEs), which account for around half of employment in Vietnam...More