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

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

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: IFC/MIGA

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	VPBank
Loans	41043	USD 100.0 million	Planned	IFC	TPBank
Loans	38038	USD 100.0 million	Planned	IFC	VPBank

Related Complaints

IFC/MIGA 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)