Sacombank inks $5M credit contract with Norwegian fund

Norfund will provide a $5 million to Sacombank-SBL for 5 years.

The credit contract Sacombank signed with the Norway-based Norfund is meant to support it in improving its financial capacity to meet the demands for capital financing from Vietnamese enterprises.

At present, SBL aims to expand cooperation relationship with other international financial institutions such as FMO, ADB and IFC to seek development opportunities.