International Finance Corporation
The International Finance Corporation (IFC) is a member of The World Bank Group that focuses on fostering sustainable economic growth in developing countries through private sector investment. It provides a range of financial services, including loans, equity investments, quasi-equity products, and advisory services aimed at supporting startups and various stages of company development. IFC invests in sectors such as agribusiness, financial services, health, education, infrastructure, global manufacturing, oil and gas, telecommunications, and tourism, with a particular emphasis on projects that promote food security, digital finance, and affordable healthcare. The organization targets investments ranging from $1 million to $100 million, often seeking minority stakes but may also take a majority position in its portfolio companies. IFC aims to create jobs, generate tax revenues, and enhance corporate governance in emerging markets, thus contributing positively to local communities. Established in 1956 and headquartered in Washington, D.C., IFC operates globally with offices across various regions, focusing its efforts on financing projects that align with its mission of improving lives in developing countries.
As one of the earliest-established Joint-stock Commercial banks in Vietnam, VPBank has achieved steady development throughout its history. Especially since 2010, VPBank has grown dramatically with the development and implementation of the strategic transformation program diligently with support from one of the world’s leading consulting companies.
Orient Commercial Joint Stock Bank, founded in 1996 and headquartered in Ho Chi Minh City, Vietnam, provides a wide range of banking products and services. The bank offers various deposit options, including current and savings accounts, as well as loans for used car purchases and unsecured consumer loans. Its lending portfolio includes short-term, medium-term, and long-term loans, along with import and export letters of credit and credit card services. Additionally, the bank provides comprehensive financial management services, remittance services, and insurance products, including credit security plans and car insurance. With approximately 110 business units and a strategic partnership with Generali Vietnam Life Insurance LLC, Orient Commercial Joint Stock Bank focuses on enhancing customer experience through digital technology and expanding its service offerings. The bank has shown significant growth over the past 15 years and employs over 1,700 staff to cater to its expanding customer base across 18 provinces.
An Binh Commercial Joint Stock Bank, a commercial bank, provides consumer and corporate banking services in Vietnam. The company offers consumer banking services, such as term and non-term savings, demand, and accumulated savings deposits; and unsecured consumption, home erection/renovation, secured consumption, business and production, car, home, listed and non-listed securities, overseas study, savings account book/account balance mortgage, and business and production supplementary loans. It provides corporate banking services, including commercial financing, import financing, pre-shipment export financing, SME financing, and co-financing loans; supplementary installment loans for business.