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Founded in 1993, Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has grown to become a leading retail, small and medium enterprises commercial bank in Vietnam. Techcombank has its head office in Hanoi.

Norfund’s investment in Techcombank helps to alleviate the severe needs for SME financing, diversify the bank’s funding base and support the bank’s ambitious SME-based expansion plan.

SMEs account for 90% of business in Vietnam, yet only 25% have access to a formal source of financing. Access to funding, especially long term funding, is the main obstacles for the Vietnamese SMEs.


  • Sector: Financial services
  • Investment year: 2011
  • Instrument: Loan
  • Committed amount (MNOK): 92.9