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MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

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About Dropdown Description

World Bank building
About

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

Learn More

Our Impact Dropdown Description

Hands husking peas into a basket full of peas
Our Impact

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

Learn More

Our Products Dropdown Description

Young woman bending down to tending to her outside chores
What We Do

Explore different types of political risk insurance guarantees provided to investors and lenders.

Learn More

Projects Dropdown Descriptions

Hyundai building
Projects

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Search Projects
Viet Nam

Citibank, N.A. (Vietnam)

$13.5 million
Banking
Project Brief
Not Active
twitteremail

MIGA issued its first guarantee contract in Vietnam to Citibank, N.A which invested $15 million to open a branch bank, Citibank, N.A. (Vietnam), in Hanoi. The branch will focus on trade finance, structured trade, foreign exchange services, project advisory services, and cash management. MIGA's guarantee of $13.5 million will cover Citibank's investment against the risks of expropriation, currency transfer, and war and civil disturbance.

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