Proparco and FMO, the French and Dutch government-owned financial institutions, invest US$80 million in SeABank
Hanoi, March 24th, 2025 – The French Development Finance Institution (Proparco) and the Dutch Entrepreneurial Development Bank (FMO) have signed an agreement to invest US$80 million in Southeast Asia Commercial Joint Stock Bank (SeABank, HOSE: SSB). This funding aims to support small and medium-sized enterprises (SMEs), women-owned enterprises, while enhancing the implementation of international standards and best practices in environmental and social risk management as well as climate change mitigation.
With this investment, SeABank’s total international mobilization has reached nearly US$1.1 billion, affirming the Bank’s reputation, operational efficiency, and effective capital utilization.
25/03/2025
