Norfund Grants US$30 Million Convertible Loan to SeABank
Norfund Grants US$30 Million Convertible Loan to SeABank
HANOI, Vietnam, June 20, 2024 /PRNewswire/ -- Norfund, the Norwegian Investment Fund for Developing Countries, has decided to invest US$30 million to Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB) in form of a convertible loan. The loan can be converted into common shares of SeABank within 4-year term, aiming at providing additional capital to support retail banking customers, small and medium enterprises (SMEs) and micro-enterprises in Vietnam.
挪威发展中国家投资基金Norfund决定以可转换贷款形式向东南亚商业银行(股票代码:SSB)投资3,000万美元。该贷款可以在4年期内转换为东南亚商业银行的普通股,旨在为越南的零售银行客户、中小企业(SMEs)和微型企业提供额外资本支持。
Norfund grants US$30 million convertible loan to SeABank
Norfund向SeABank授予3,000万美元的可转换贷款
Norfund is an investment fund owned and funded by Norwegian Government that works to create jobs and improve lives by investing in businesses in developing countries that drive sustainable development. Norfund is fully funded by the Norwegian International Development Assistance budget - Government's most important tool for strengthening the private sector in developing countries and for reducing poverty.
Norfund是挪威政府拥有和资助的投资基金,旨在通过投资发展中国家的企业来创造就业和改善生活,推动可持续发展。Norfund完全由挪威国际发展援助预算资助,是政府加强发展中国家私营部门和减少贫困的最重要工具。
Ms. Le Thu Thuy – Vice Chairwoman of the BOD, SeABank shares: "The partnership shares our joint purpose of impacting Vietnamese economy growth in general, while enhancing financial access for SeABank's SMEs and retail banking customers in particular. The loan also supports the Bank's sustainable development strategy to the utmost in the upcoming period."
SeABank董事会副主席李秋蕾女士表示:“该合作旨在总体上促进越南经济增长,同时特别是增强SeABank的中小企业和零售银行客户的金融准入能力。贷款还将最大限度地支持银行在未来时期的可持续发展战略。”合作伙伴共同致力于促进越南经济增长,特别是加强SeABank的中小企业和零售银行客户的金融准入能力。贷款还将最大限度地支持银行在未来时期的可持续发展战略。
Ms. Fay Chetnakarnkul – Regional Director (Asia), Norfund said: "Financial inclusion is Norfund's core mandate and is aligned with SeABank's strong commitment to finance and support retail banking customers and SMEs in Vietnam. The partnership will look to be a catalyst to help uplift the unbanked and underbanked in the country."
Norfund的亚洲区域总监Fay Chetnakarnkul女士表示:“金融包容是Norfund的核心任务,并与SeABank的强烈承诺一致,即为越南的零售银行客户和中小企业提供融资和支持。该合作伙伴将成为帮助提高该国未受银行和受银行影响较小的人们地位的催化剂。”Norfund的核心任务是促进金融包容,与SeABank的强烈承诺一致,即为越南的零售银行客户和中小企业提供融资和支持。该合作伙伴将成为帮助提高该国未受银行和受银行影响较小的人们地位的催化剂。
The cooperation aims to provide SMEs with additional financial sources to fulfill their long-term capital demands. The Bank also has additional capital for retail lending, considering the increasing financial needs of this group.
合作旨在为中小企业提供额外的资金来源以满足其长期资本需求。鉴于这一群体的不断增长的金融需求,该银行还有额外的资本用于零售贷款。
Previously, SeABank has continuously received foreign investments totaling nearly US$600 million from prestigious institutions like IFC, DFC, etc. These aim to accelerate the Bank's sustainable development strategies focusing on: SMEs financial access improvements, ESG practices application, and climate change mitigation. International funding, together with available capacity, has enabled SeABank to deliver flexible financial solutions and strongly support SMEs, especially women-owned SMEs, in capital use optimization. Besides, SeABank prioritizes disbursements for green credit and climate change mitigation projects as well as green mortgages for individual customers buying houses with green-building certificates, thereby posing positive impacts on the socio-economy and environment.
此前,SeABank已经连续收到来自IFC、DFC等知名机构的外国投资,总额近6亿美元。这些投资旨在加速银行的可持续发展战略,重点放在:中小企业金融准入的提高、ESG实践的应用、气候变化的缓解。国际资金以及现有能力,使SeABank能够提供灵活的金融解决方案,并强烈支持中小企业,特别是女性拥有的中小企业,在资本使用优化方面。此外,SeABank优先安排放贷以支持购买具有绿色建筑认证房屋的个人客户的绿色信贷和气候变化缓解项目,这对社会经济和环境产生了积极影响。
Norfund's investment has demonstrated the increasing trust, affirming SeABank's reputation, operational efficiency, and capital utilization efficiency. This also helps SeABank's corporate customers improve capacity and promote key business areas effectively.
Norfund的投资表明了不断增长的信任,确认了SeABank的声誉、运营效率和资本利用效率。这也有助于SeABank的公司客户提高能力并有效地推广关键业务领域。