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Citi deploys $100m in social trade finance to support Vietnam MSMEs
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Citi deploys $100m in social trade finance to support Vietnam MSMEs
Citi acted as the sole lender for over $100 million social trade advance facilities extended to the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and Military Commercial Joint Stock Bank (MB). Structured as sustainable trade advances, these debt transactions feature a clearly defined use of proceeds to support and expand BIDV’s and MB’s lending portfolios for micro, small and medium-sized enterprises (MSMEs) in Vie…
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