Nam A Commercial Joint Stock Bank (Nam A Bank – HOSE: NAB) has marked a significant milestone in its international expansion by establishing a strategic partnership with the International Finance Corporation (IFC).
The signing ceremony took place on March 24 during the Global Trade Partners Meeting, hosted by the IFC in Lisbon from March 24-26, 2026. As one of the premier global financial events, the conference brought together delegates from 57 countries representing over 130 organizations worldwide.
Notably, the event was witnessed by Nguyen Manh Thang, ambassador extraordinary and plenipotentiary of Vietnam to Portugal. The ambassador’s presence underscores Vietnam’s commitment to building a dynamic and transparent economy, facilitating sustainable green capital flows as the Government pursues its Net Zero target by 2050.
Empowering Vietnamese enterprises
By officially joining the IFC’s Global Trade Finance Program (GTFP), Nam A Bank joins a prestigious network designed to connect banks in emerging markets with a vast global banking network. This membership enables Nam A Bank to act as a vital bridge for Vietnamese import-export businesses, helping them mitigate payment risks, access stringent international markets, optimize borrowing costs, and scale global operations. Furthermore, the bank will focus on expanding trade finance limits to provide a powerful financial catalyst for the business community, particularly small and medium enterprises (SMEs), allowing local firms to integrate deeper into global value chains.
“Becoming a member of the GTFP not only affirms Nam A Bank’s reputation and governance capacity according to international standards but also demonstrates our strong commitment to supporting Vietnamese enterprises as they venture into global waters,” a representative of Nam A Bank stated. “This serves as a launchpad for ‘Made in Vietnam’ products to reach the most demanding markets and enhance their international competitiveness.”
Strategic financial support
To kickstart this partnership, the IFC is planning to facilitate a trade finance package worth US$50 million for Nam A Bank. This follows an extensive period of Know Your Customer (KYC) procedures, comprehensive evaluations, and direct due diligence conducted by the IFC.The IFC performed Enhanced Due Diligence (EDD) in accordance with international standards, focusing on a holistic review of Nam A Bank’s credit governance and risk control frameworks. The assessment covered credit portfolio quality, appraisal and approval processes, internal rating systems, post-lending controls, and compliance with advanced Basel II risk management standards. This collaboration builds upon previous initiatives between Nam A Bank and the IFC to implement green transformation projects within the VIFC – HCMC framework.
About Nam A Bank
Nam A Bank (HOSE: NAB) is a leading commercial bank in Vietnam, committed to sustainable growth and digital transformation. Joining the GTFP network is a testament to the international recognition of Nam A Bank’s internal capabilities and a strategic step in connecting international green capital with the domestic economy.
About IFC
The International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Established in 1956, the IFC promotes sustainable growth and poverty reduction through investment, advisory services, and capital mobilization. As of March 2024, its total investment portfolio stood at US$58 billion, maintaining an AAA rating from Moody’s and S&P.
