Taipei Fubon Commercial Bank (台北富邦銀行) and six other local banks have offered Chailease Holding Co’s (中租控股) Vietnamese subsidiary a syndicated loan of US$90 million, the first social loan in Taiwan and Vietnam whose proceeds would be used to support small business in the Southeast Asian country.
Chailease International Leasing Co Ltd (仲利國際租賃), a leading leasing service provider in Vietnam, would use the loan to provide micro-financing to Vietnam’s small and medium-sized enterprises (SME) operating in urban and suburban areas, Taipei Fubon said yesterday
The Vietnamese government last year implemented strict quarantine measures to curb the spread of COVID-19, which weighed on the