SeABank receives full US$80 million disbursement from FMO and Proparco

Under the agreement signed in March 2025, Proparco and FMO grant a US$80 million loan to SeABank, with each party contributing US$40 million. This aims to promote economic growth and financial inclusion by supporting Vietnamese enterprises in accessing capital, thereby enhancing their capacity and advancing key business sectors.

On October 02, 2025, the French and Dutch government-owned financial institutions had fully disbursed the loan. This funding provides SeABank with additional resources to support SMEs and women-owned businesses in accessing finance and expanding business. At the same time, the Bank strengthens the adoption of international best practices and enhances its environmental and social management policies to minimize the impact of its activities, thereby combating climate change.

In recent years, SeABank has actively “greened” its portfolio, prioritizing funding for environmentally friendly sectors through policies such as the Green Credit Policy. At the same time, SeABank has reduced its “brown” exposure through the Environmental and Social Risk Management System (ESMS), ensuring not financing harmful projects such as forest exploitation, coal, or radioactive materials, etc. 

Understanding the barriers faced by SMEs and women-owned businesses in accessing capital, SeABank has implemented comprehensive financial solutions, while improving credit guarantee mechanisms and consulting services to provide maximum support. The Bank’s financial solutions enable businesses to access capital through various forms tailored to their sectors, including preferential interest rates and unsecured overdraft limits. Accompanying these are non-financial support initiatives, notably the activities of the SeAPower Club, which have helped women entrepreneurs enhance their capacity and expand sustainable development opportunities, enabling SeABank to achieve 40% growth in the number of women-owned business customers in 2024.

Including the investment from Proparco and FMO, SeABank’s total international funding has reached nearly US$1.1 billion, comprising loans, credit facilities, and trade finance from reputable international financial institutions such as DFC, IFC, AIIB, Norfund, and the OPEC Fund. This demonstrates investors’ trusts in SeABank’s performance and effective implementation of sustainable projects, while affirming the Bank’s international reputation and steadfast commitment to sustainability.

About Proparco
Proparco, a subsidiary of Agence Française de Développement (AFD) Group, has been a leader in socially responsible investment over 45 years, working with the private sector to create a fairer, more sustainable world. Through its network of 25 local offices, Proparco is able to work directly with its partners in Asia, Africa, Middle East and Latin America, developing solutions to meet environmental and social challenges.

For more information, please visit www.proparco.fr/en

About FMO
FMO is the Dutch entrepreneurial development bank. As a leading impact investor, FMO supports sustainable private sector growth in developing countries and emerging markets by investing in ambitious projects and entrepreneurs. FMO believes that a strong private sector leads to economic and social development and has a 55+ year proven track-record in empowering entrepreneurs to make local economies more inclusive, productive, resilient and sustainable. FMO focuses on three sectors that have high development impact: Agribusiness, Food & Forestry, Energy, and Financial Institutions. With a total committed portfolio of EUR ~13.5 billion spanning over 85 countries, FMO is one of the larger bilateral private sector development banks globally. 

For more information, please visit www.fmo.nl