Press Releases

IFC Report Calls for Stronger Commitment to Corporate Governance in Vietnam
Hanoi, Vietnam, December 7, 2011— A new report by IFC, a member of the World Bank Group, calls for stronger commitment to corporate governance by Vietnam’s companies, which will make them more competitive in attracting investments and better able ...more

IFC Helps Improve the Lao PDR’s National Payment Systems to Sustain Economic Development
Vientiane, the Lao People’s Democratic Republic, May 31, 2011—IFC, a member of the World Bank Group, and Bank of the Lao PDR today signed a Memorandum of Understanding that will help improve a legal framework of the country’s payment systems and ...more

Government of Cambodia and World Bank Group Launch Program to Improve Access to Credit for Agribusinesses in Cambodia
Phnom Penh, February 11, 2010—The Royal Government of Cambodia, the World Bank, and IFC on Friday launched a financial program that will help improve access to credit for Cambodia’s agribusinesses, a sector that is vital to the country’s economic ...more

IFC and IFC Capitalization Fund Help VietinBank Improve Access to Finance for Small and Midsize Enterprises
Hanoi, Vietnam, January 25, 2011—IFC, a member of the World Bank Group, and IFC Capitalization Fund signed agreements today to support the partial privatization of Vietnam’s banking sector and improve access to finance for small and midsize ...more

IFC Investment in Vietnam’s An Binh Bank Promotes Financing for Small and Midsize Enterprises
Hanoi, Vietnam, January 24, 2011—IFC, a member of the World Bank Group, has invested $40.5 million in long-term capital in An Binh Bank, one of the Vietnam's 15 largest joint stock banks by assets. The investment will help strengthen the country’s ...more