HDBank Honored with “Outstanding Issuing Bank - Dynamic Growth” Award

1:26:18 PM | 6/27/2024

In the dynamic trade finance sector, HDBank was honored with the “Outstanding Issuing Bank - Dynamic Growth” Award from the International Finance Corporation (IFC).

Mr. Tran Hoai Nam, Deputy General Director of HDBank, receives the "Vietnam - Outstanding Issuing Bank - Dynamic Growth" award 

The event took place within the framework of the 2024 Global Trade Partners Meeting (GTPM) in Barcelona, Spain in May 2024 at the 20th anniversary of IFC's Global Trade Finance Program (GTFP), which attracted the participation of more than 325 delegates from 175 organizations in 58 different countries.

The award recognized HDBank's rapid growth and continuous efforts for trade finance and its significant contributions to the GTFP Program, with strong support from IFC.

With this award, HDBank continued to affirm its position in trade finance, consistent with IFC's mission of supporting sustainable private economic development in emerging markets.

IFC is an important strategic partner of HDBank. Previously, HDBank and IFC signed extensive cooperation on investment and green credit fields worth US$165 million in 2021. Then, in 2022 and 2023, IFC continuously granted and increased the trade finance limit for HDBank to US$70 million, reaffirming its desire to establish a comprehensive cooperation with HDBank to promote financing programs for export, import, green credit, SME, women-owned businesses, contributing to boost economic and social development in Vietnam.

The 2024 Global Trade Partnership Meeting (GTPM) is an outstanding milestone in global trade finance, opening up business and cooperation opportunities, expanding international trade networks for members, and asserting GTFP's role as an indispensable pillar in the global trade structure.

By Le Phuong, Vietnam Business Forum