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Japanese bank seeks 9.9 pct stake in Vietnam’s OCB

Japanese bank seeks 9.9 pct stake in Vietnam’s OCB

Japan’s Aozora Bank Ltd could acquire 9.91 percent of Vietnam’s Orient Commercial Joint Stock Bank in a VND1.22 trillion ($52.8 million) deal.

IFC routes $100 million to Vietnamese SMEs through local bank

IFC routes $100 million to Vietnamese SMEs through local bank

The International Finance Corporation (IFC) will lend $100 million to Orient Commercial Joint Stock Bank (OCB) towards extending credit to SMEs.

ADB pledges $20 mln guarantee to back trade finance in Vietnam

ADB pledges $20 mln guarantee to back trade finance in Vietnam

The Asian Development Bank (ADB) has confirmed a guarantee of $20 million a year to support trade in Vietnam through the Orient Commercial Joint Stock Bank (OCB), the bank said in a statement released on Wednesday.

June 16, 2016 | 03:42 pm GMT+7

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