PROJECT

Projects

Summary of Investment Information

Project Number

49426

Company Name

HD Saison Finance Co., Ltd.

Date SPI Disclosed

Feb 10, 2025

Country

Viet Nam

Region

East Asia and the Pacific

Projected Board Date

Mar 14, 2025

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Jul 23, 2025

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Previous Events

Approved : Apr 2, 2025
Signed : Jun 18, 2025
Invested : Jul 21, 2025

Sector

Finance Companies

Project Description

 The proposed investment consists of a IFC’s 3-year senior loan of up to US$50 million to HD Saison Finance Company Limited (“HDSaison” or the “Company”), the 4th largest retail finance company in Viet Nam. The IFC's funding will support HDSaison in providing green and productive micro loans to low-income individuals across Viet Nam. At least 50% of the funds will be specifically allocated for green sub-loans, which can be used to purchase electric two-wheel vehicles and energy-efficient consumer durables that meet IFC’s criteria. The remaining of IFC’s funding will be used to support sub-loans for two-wheel vehicles, which are essential for daily business transportation or employment.

Associated Advisory Engagement

 The Project is not associated with any advisory services engagement                                                  

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation