Increasing credit limit to $100 million HDBank and Proparco promote climate finance and 2X Challenge initiative

Increasing credit limit to $100 million, HDBank and Proparco promote climate finance and 2X Challenge initiative (Di venerdì 20 settembre 2024) (Adnkronos) - HO CHI MINH CITY CITY, VIETNAM – Media OutReach Newswire – 20 September 2024 - The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HOSE: HDB) and Proparco, the private sector financing arm of Agence Française de Développement Group (AFD Group), have signed a credit facility worth US$50 million. The new agreement brings the total credit facility for HDBank to $100 million, showcasing Proparco's trust and commitment to HDBank. The proceeds will be used to finance/refinance climate projects and support women owned/ women-led enterprises that meet the criteria of the 2X Challenge programme, a global initiative to promote gender equality and sustainable development. HDBank and Proparco have made significant strides in cooperation in the past few years.Leggi tutta la notizia su liberoquotidiano