BEIJING, July 17 (Xinhua): The Asian Infrastructure Investment Bank (AIIB) said on Friday that its board of directors has approved a US$100mil loan to a commercial bank in Vietnam to help sustain business activities disrupted by the Covid-19 pandemic.
Co-financed with the International Finance Corporation, the loan is offered to Vietnam's Prosperity Joint Stock Commercial Bank to help the bank expand lending to the private sector, including small and medium enterprises, the AIIB said in a statement.
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