Japanese banks will provide funds for renewable energy through Vietcombank, the nation’s major bank, which will in turn provide subleasing loans, mainly to local businesses.
© Reuters
TOMOYA ONISHI, Nikkei staff writer |
HANOI — Four Japanese banks will co-finance a total of $300 million in credit lines to power producers using renewable energy in Vietnam to help the growing Southeast Asian country decarbonize.
The Japan Bank for International Cooperation (JBIC), Mizuho Bank, Joyo Bank and Shiga Bank will provide funds through Vietcombank, the nation’s major bank.
