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Banking & Finance

VPBank provides financial support to women CEOs

Released at: 15:51, 02/06/2018

VPBank provides financial support to women CEOs

Photo: Khanh Chi (VET)

Bank holds seminars to pass on advice and connect businesswomen.

by Hong Nhung

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) announced on June 1 it will provide capital resources and financial support packages to women CEOs in Vietnam, at the “Liberating Women Leaders’ Potential” seminar in Ho Chi Minh City held by the bank’s Small and Medium Enterprise Division (VPBank SME).

Attended by some 330 businesswomen, the seminar brought new opportunities in capital resources, trading networks, and multi-dimensional knowledge for women entrepreneurs.

With the desire to accompany and support businesswomen to break out of old frameworks and stereotypes and become entrepreneurs, and to motivate women-owned businesses to continue growing, VPBank has organized the seminar in both Ho Chi Minh City, on June 1, and Hanoi on June 8.

The seminar is the opening event of a series of activities in VPBank’s “Become the Bank Chosen by Businesswomen” project in 2018. The upcoming seminar in Hanoi has also received registrations from a similar number of women leaders as in Ho Chi Minh City, for a total of more than 660 in both major cities.

They are an opportunity for businesswomen to build their professional skills and leadership style and be trained in business management through deep engagement with renowned speakers.

Emphasizing the connection factor, the panel in Ho Chi Minh City provided space and time for businesswomen to meet and talk directly with speakers before, during and after the program, to help them to expand their networks and be consulted thoroughly to identify the right direction for their businesses.

VPBank said it will also organize a series of regular meetings and workshops. The bank is building an online app for private entrepreneurs seeking information, improving business management knowledge, connecting in trade, and establishing a strong network of relationships with other female leaders, thereby seeking and expanding business opportunities for their businesses. The app is expected to be launched in early 2019.

Through this series of activities, VPBank looks forward to being a supporter in building a community of businesswomen with growing networks and establish an effective platform for female CEOs to further improve their businesses.

Along with its non-financial values, VPBank SME also brings opportunities for capital and financing products designed to help women owners save money and manage cash flows as well as make use of capital in a flexible way.

“This seminar is the official opening event for the ‘Become the Bank Chosen by Businesswomen’ project, which we started in 2016,” a representative from VPBank said. “The positive response of businesswomen to our series of surveys and pilot activities during the past two years has been great encouragement for us to implement the project. We hope that acting as a bridge for the female entrepreneur community together with timely support in capital will help inspire and motivate breakthroughs for women-led businesses.”

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