Green credit line to the Bank for Investment and Development of Vietnam (BIDV) Project Dates: January 2020 - January 2022
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PROJECT OBJECTIVE

The main objective of this project is to attract investments in the renewable energy and energy effciency sectors in Vietnam

PROJECT DESCRIPTION

On 26 May 2021, BIDV and the French Development Agency (AFD) signed a credit facility agreement of USD100 million aiming at promoting green investments, focused in renewable energy and energy efficiency sectors. Accordingly, AFD will grant a long-term USD 100 million concessional credit line facility to BIDV as well as providing technical assistance of EUR300,000 to BIDV and its customers.


SECTORS OR AREAS OF WORK
  1. Energy finance


Region/Location

BUDGET

USD 10,000,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. AFD - Agence française de développement
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
BUDGET

USD 10,000,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. AFD - Agence française de développement
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE