Ripple's MoneyTap has achieved significant adoption in Japan, with partnerships involving six regional banks, including Shinonome Shinkin Bank and Nagoya Bank, contributing to a $13 billion increase in international remittances. Launched by SBI Holdings, MoneyTap allows instant transactions via QR codes or phone numbers, and now serves millions of users across the country. Remarkably, Ripple has partnered with up to 80% of the Japanese banking industry, highlighting its growing influence in the financial sector.
Blackstone Inc. is negotiating a multi-currency loan of approximately A$4 billion ($2.6 billion) for AirTrunk Pte., an Australian data center operator. The private equity firm is in discussions with around 10 banks, including DBS Group, Standard Chartered, and Sumitomo Mitsui, as loan terms are being finalized.
Easy Home Finance has secured $35 million in Series B funding, led by Ranjan Pai’s Claypond Capital, with participation from several existing investors. The funds will support the company's goal of building an asset book of approximately $300 million within 24 months and expanding to over 150 locations nationwide. The firm has also partnered with DCB Bank to offer affordable home loans, leveraging its in-house prop-tech and credit tech for a streamlined consumer experience.
Composite Capital Master Fund LP has divested its 10% stake in VPBank, reducing its holdings from 8 million shares to none as of October 9. Meanwhile, the Tianhong Vietnamien Market Equity Launched QDII Fund has acquired 8 million shares, representing nearly 91% of VPBank's capital. In related news, TPBank has seen PYN Elite Fund increase its holdings to 2024 million shares, while the International Finance Corporation has exited its stake.
Vietnam Prosperity Bank (VPBank) has secured a credit limit of 150 million USD from the Japan Bank for International Cooperation (JBIC) to finance renewable energy and power transmission projects in Vietnam. The agreement, signed on October 9, 2024, aims to support the national goal of achieving net zero emissions by 0, aligning with international sustainable development initiatives. This partnership underscores the growing trust of international financial institutions in VPBank and strengthens economic ties between Vietnam and Japan.
VPBank has secured a USD 150 million credit agreement with the Japan Bank for International Cooperation (JBIC) to finance renewable energy and power transmission projects in Vietnam, supporting the national goal of achieving net-zero emissions by 2050. The agreement, signed on October 9, 2023, aligns with Vietnam's Eighth Energy Development Plan and the Asia Zero Emissions Community initiative. This partnership underscores the growing confidence of international financial institutions in VPBank and strengthens economic ties between Vietnam and Japan.
VPBank and the Japan Bank for International Cooperation (JBIC) have signed a $150 million credit line agreement to finance renewable energy and power grid projects in Vietnam, supporting the country's net-zero emissions goal by 2050. The loan will be allocated to enterprises focused on power transmission and environmental protection, enhancing economic ties between Vietnam and Japan. This partnership reflects international confidence in Vietnam's banking sector and VPBank's commitment to sustainability.
VPBank has signed a $150 million loan agreement with the Japan Bank for International Cooperation (JBIC) to finance renewable energy and power transmission projects in Vietnam, supporting the country's goal of achieving net-zero emissions by 2050. The partnership, announced on October 9, aligns with the Asia Zero Emissions Community initiative and the Just Energy Transition Partnership, reinforcing Vietnam-Japan relations in finance and investment. VPBank continues to lead in sustainable finance, having previously secured significant international loans for environmental initiatives.
VPBank has secured a $150 million loan from the Japan Bank for International Cooperation (JBIC) to finance renewable energy and power transmission projects in Vietnam, supporting the country's goal of achieving net-zero emissions by 2050. The agreement, signed on October 9, aligns with Vietnam's Power Development Plan and the Asia Zero Emissions Community initiative, reinforcing the partnership between Vietnam and Japan in sustainable development. VPBank continues to lead in sustainable finance, having previously raised significant international loans for environmental initiatives.
VPBank and the Japan Bank for International Cooperation (JBIC) signed a $150 million credit line on October 9 to finance green projects in Vietnam, focusing on renewable energy and power grid development to support the country's net-zero emissions goal by 2050. This agreement highlights the strengthening economic ties between Vietnam and Japan, with JBIC's support for environmental initiatives aligning with Vietnam's energy transition plans. Additionally, JBIC will provide a $36 million loan for an office building development in Ho Chi Minh City.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.
