FMO Disburses $40 Million to SeABank
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According to the cooperation agreement signed in March 2025, Proparco and FMO jointly provided an $80 million loan to SeABank, with each party contributing $40 million. This partnership aims to foster inclusive economic and financial growth by enabling Vietnamese businesses to access capital, thereby enhancing their capabilities and driving key business sectors forward.
 Proparco Disburses $40 Million to SeABank
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On October 2, 2025, the French and Dutch government-affiliated organizations fully disbursed the loan. This funding empowers SeABank to support small and medium-sized enterprises (SMEs), women-led businesses, and financial inclusion initiatives, enabling them to expand their operations. Additionally, the bank is committed to adopting international best practices and enhancing its environmental and social management policies, minimizing the business activities’ impact on the environment and contributing to climate change mitigation.
In recent years, SeABank has actively “greened” its investment and lending portfolio, prioritizing capital allocation to green sectors through phased green credit policies. Simultaneously, the bank has reduced its “brown” portfolio exposure via the Environmental and Social Risk Management System (ESMS), implemented since January 2022, ensuring no funding for harmful projects such as primary forest logging, coal, or radioactive materials.
Recognizing the challenges faced by SMEs and women-led businesses in accessing capital, SeABank has implemented comprehensive lending solutions, improved credit guarantee mechanisms, and advisory services to provide maximum support. The bank’s financial solutions offer businesses access to capital in various forms tailored to their industries, along with preferential interest rates and unsecured overdraft facilities. Complementing these financial initiatives are non-financial support programs, such as the SeAPower Club, which has empowered female business owners, driving a 40% growth in female-led customer numbers in 2024.
Including the investments from FMO and Proparco, SeABank’s total international mobilization has reached nearly $1.1 billion, comprising loans, credit, and trade finance from prestigious international financial institutions like DFC, IFC, AIIB, Norfund, and OPEC Fund. This achievement underscores investors’ confidence in SeABank’s operational efficiency and sustainable project implementation, reinforcing the bank’s international reputation and unwavering commitment to sustainability.
– 6:54 PM, October 2, 2025
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