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Nam A Bank secures $60 million green finance from FMO
Nam A Bank has secured a $60 million green finance package from the Dutch Entrepreneurial Development Bank (FMO). The five-year unsecured loan is intended to support sustainable development and green projects in Vietnam.
The funds will be prioritized for green initiatives and directed toward micro, small, and medium-sized enterprises (SMEs). Key focus areas include agriculture, agricultural value chains, rural development, and smallholder farmers. Additionally, the bank will prioritize lending to businesses led by women and youth to promote gender equality and social impact.
Nam A Bank Deputy General Director Vo Hoang Hai stated that the funding aims to expand the bank’s social impact alongside green growth, reflecting a long-term strategy to diversify international capital sources.