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Canada’s bilateral Development Finance Institution, FinDev Canada, Sumitomo Mitsui Banking Corporation (SMBC), and Japan International Cooperation Agency (JICA) announce the signing of a USD 215 million syndicated loan facility to Ho Chi Minh City Development Joint Stock Commercial Bank

Canada’s bilateral Development Finance Institution, FinDev Canada, alongside Sumitomo Mitsui Banking Corporation (SMBC), and partner Development Finance Institutions (DFIs) and bilateral agencies, including British International Investment (BII), Export Finance Australia (EFA), and Japan International Cooperation Agency (JICA), have announced the successful signing of a USD 350 million loan to Vietnam Prosperity Joint Stock Commercial Bank (VPBank).

FinDev Canada, announces a USD 60 million loan to CRDB Bank Plc, the largest commercial bank in Tanzania. The financial commitment will strengthen economic development, promote women’s financial inclusion, and support climate action in Sub-Saharan Africa. This is FinDev Canada’s first commitment in Tanzania.

Canada’s bilateral Development Finance Institution, FinDev Canada, joins Germany’s Development Bank, DEG, Austria’s Development Bank, OeEB, and Netherlands-based pension fund, ILX Management B.V, to announce the signing of a USD 100 million syndicated facility to Access Bank, one of the leading banks in Africa.

Canada’s bilateral Development Finance Institution, FinDev Canada, announces a €20 million equity commitment to Amethis Fund III (“the Fund”), a generalist impact fund seeking growth equity investments in 9 to 12 mid-sized scalable enterprises in Sub-Saharan Africa.