green credit

Update news green credit

The International Finance Corporation (IFC) has provided a 100 million USD long-term loan for the Orient Commercial Joint Stock Bank (OCB) to increase the private sector’s contributions to green and sustainable growth in Vietnam.

Green credit takes off in Vietnam

National green credit programs will help Vietnam reach its goals in the national green development strategy in a comprehensive way and help drive the economy towards sustainable development.

Vietnam advances toward sustainable development

The next 10 years (2020-2030) are the time for Vietnam to sprint to implement the UN’s 2030 agenda for sustainable development.

VN banks now keen on green credit

Green credit is now a trend in the global banking and finance industry and more Vietnamese banks are following suit.

Changing criteria

 Much has been done to encourage commercial banks to overcome their hesitancy and provide more green credit.

Slow to move

 More and more banks are becoming engaged in green credit but it's been a long time coming.