ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Finance

Japanese banks to provide $300m for Vietnam's renewable energy

Vietcombank gets co-financing from JBIC, Mizuho, Joyo, Shiga for power suppliers

Japanese banks will provide funds for renewable energy through Vietcombank, the nation's major bank, which will in turn provide subleasing loans, mainly to local businesses.    © Reuters

HANOI -- Four Japanese banks will co-finance a total of $300 million in credit lines to power producers using renewable energy in Vietnam to help the growing Southeast Asian country decarbonize.

The Japan Bank for International Cooperation (JBIC), Mizuho Bank, Joyo Bank and Shiga Bank will provide funds through Vietcombank, the nation's major bank.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more