The Hanoitimes - Orient Commercial Bank (OCB) has received a US$10 million loan package from the International Finace Coporation (IFC). The money will be used to extend the bank's capacity to lend to small- and medium-sized enterprises (SMEs), under its so-called OCB SME Loan Programme.
The Hanoitimes - Orient Commercial Bank (OCB) has received a US$10 million loan package from the International Finace Coporation (IFC). The money will be used to extend the bank's capacity to lend to small- and medium-sized enterprises (SMEs), under its so-called OCB SME Loan Programme.
The programme would allocate $25 million, including $15 million directly from IFC funding, for loans to promote exports by SMEs, with $5 million allocated to businesses owned by women.
BTA |