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OCB and NGF Partner, a private equity fund based in Singapore, have signed a strategic cooperation agreement aimed at strengthening financial support, investment, and ecosystem connectivity to accelerate the development of Vietnam’s small and medium-sized enterprise (SME) community.
Under the agreement, NGF Partner will act as a bridge by introducing companies in its Vietnam portfolio to OCB. OCB will then conduct a comprehensive assessment of each company’s needs and provide flexible financing solutions supported by digital banking services.
OCB’s proposed support includes working capital facilities, cash-management services, Open API, trade finance, and other modern financial solutions. The bank said these measures are intended to help SMEs access capital, improve governance capabilities, and optimize operations.
Do Tu Anh, Deputy General Director in charge of Corporate Banking at OCB, said the bank aims to become “the most efficient bank and the first choice for SMEs in Vietnam.” He added that OCB plans to enhance its ability to deliver comprehensive financial solutions, advance its digital platform, and diversify value-added services such as escrow accounts, foreign exchange, cash management, treasury management, and trade finance to help businesses access banking services quickly and conveniently.
OCB also described its broader strategy of expanding its Startup and SME segment, noting that collaboration with investment funds can help enterprises seize opportunities and build a foundation for rapid and sustainable growth for Vietnam’s economy.
Through its customer network, OCB will also support the introduction of Vietnamese enterprises seeking strategic investors, capital injections, and expansion opportunities to NGF Partner. OCB said the goal is to deliver long-term, sustainable value and support the development of the private-sector economy.
At the event, Max-F. Scheichenost, Chief Executive Officer of NGF Partner, said NGF Partner values OCB not only as a trusted banking partner but also for its long-term vision and commitment to supporting Vietnam’s SME community. He added that, given the market’s potential and the presence of tens of thousands of SMEs, NGF expects to build a long-term cooperative relationship with OCB to jointly support enterprises in their next growth phase.
OCB said it will provide more than standalone credit products. The bank plans to accompany clients with comprehensive, tailored financial solutions across startup, SME, and large enterprise stages, with the expectation that this approach will help convert enterprises into long-term customers and support sustainable growth for Vietnam’s private sector.
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