Techcombank

  • Region: Asia & Pacific
  • Country: Vietnam
  • Sector: Banking
  • Year: 2011
  • Domicile: Vietnam
  • Instrument:
  • Commitment (MNOK) as of 31.12.2016: 1
  • Original Commitment (MNOK): 87.1

Norfund’s investment in Techcombank helps to alleviate the severe needs for SME financing, diversify the bank’s funding base and support the bank’s ambitious SME-based expansion plan.

SMEs account for 90% of business in Vietnam, yet only 25% have access to a formal source of financing. Access to funding, especially long-term funding, is the main obstacles for the Vietnamese SMEs.

Norfund - The Norwegian Investment Fund for Developing Countries

Fridtjof Nansens Plass 4
N-0160 Oslo