TPB Quasi Equity (37920); TPB Senior Loan (41043); VPBank Quasi Equity (39020); VPBank Senior Loan

Sectors

Issues Raised

Project Information

Investment ID: 39020, 41043, 38038

Bank: International Finance Corporation and Multilateral Investment Guarantee Agency

Environmental Category: FI

Country: Cambodia

Region: East Asia and the Pacific

Approval Date: None

Investment Types: Equity, Loans

Total Project Cost: No recorded data on this

Total Complaints: 1

Description

IFC has two active investments in Tien Phong Commercial Joint Stock Bank (“TPBank”) – consisting of a $18.35 million equity and up to $100 million debt (up to $60 million A loan; up to $22.5 million from IFC acting in its capacity as implementing entity for the Managed Co-Lending Portfolio Program; and up to $17.5 million syndicated loan). IFC has two active investments in Vietnam Prosperity Joint Stock Commercial Bank (“VP Bank”) – comprising a $57 million quasi-equity, an up to $50 A loan, and an up to $50 B loan.

Investments

Investment Type	ID	Amount	Status	Bank	Client
Equity	39020	USD 57.0 million	Planned	IFC/MIGA	VPBank
Loans	41043	USD 100.0 million	Planned	IFC/MIGA	TPBank
Loans	38038	USD 100.0 million	Planned	IFC/MIGA	VPBank

Related Complaints

International Finance Corporation and Multilateral Investment Guarantee Agency CAO Complaints	IAM	Country	Date Filed	Status
TPBank and VPBank-01/Ratanakiri Province	IFC CAO	Cambodia	12/03/2019	Active

Implementers

Name	Complaints	Dispute Resolutions	DR Successful	Compliance Reviews	Non-Compliance
Hoang Anh Gia Lai (HAGL)