IFC
Status: Completed investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
FMO has multiple clients in Vietnam. The aim is to follow-up on the Related Party Transaction (RPT) guidebook that has been created by FMO and IFC and published at the beginning of 2016. We now want to facilitate a RPT e-learning sector initiative for the Vietnamese banking sector (including FMO clients and non-clients). The sector initiative, if successful, will facilitate finding new clients and improve the management of RPTs throughout the sector.
What is our funding objective?
The RPT e-learning will create additional awareness for Related Party Transactions throughout the Vietnamese banking sector.
Why do we fund this investment?
The project provides for a great opportunity for FMO to add value to the sector. We are ideally positioned to provide follow-up on the recent guidebook. FMO promotes adequate management of RPTs throughout the Vietnamese banking sector.
- Website customer/investment
- http://www.ifc.org
- Region
- Asia
- Country
- Viet Nam
- Sector
- Financial Institutions
- Effective date
- 1/25/2017
- End date
- 3/1/2018
- Total FMO financing
- EUR 0.02 MLN
- Funding
- FMO NV
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B+