• Region: Asia & Pacific
  • Country: Vietnam
  • Sector: Financial services
  • Year: 2011
  • Domicile: Vietnam
  • Instrument:
  • Commitment (MNOK) as of 22.12.2017: 0
  • Original Commitment (MNOK): 139.0

In 2011, Norfund joined a subordinated Tier II syndication arranged by FMO. Due to Sacombank’s SMEs focus, strong sponsor (FMO) and strong development impact (Tier II capital is a new instrument in Vietnam), Norfund decided to go forward with the transaction. Sacombank is the third largest privately owned bank in Vietnam with a large branch network distribution. The core target market is MSMES operating in Vietnam.

Norfund - The Norwegian Investment Fund for Developing Countries

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