IIB Council Meeting held in Hanoi

The event was jointly held by the State Bank of Vietnam and IIB to promote the economic opportunities for foreign investors in Vietnam.

The 1.3 billion euro capitalised bank was established in 1970 and has focused on development co-operation, including actively co-operating to build and implement a national strategy for Vietnam.

At the meeting, the IIB discussed measures to promote the development of Vietnam’s small and medium sized companies in urban areas. IIB and Vietnamese commercial banks are also planning to fund and offer loans for major projects in Vietnam, especially in infrastructure and energy sectors.