DEG, the investment arm of German state-owned development bank KfW, has approved a total of €18.48 (about $20 million) in investment commitments to a Vietnamese manufacturer and a Thai lender.
In separate disclosures, DEG said it has committed 17 million euros to Hayat Kimya Vietnam Company Limited, a greenfield diapers production facility, and another 1.48 million euros to Thai Credit Retail Bank (TCRB).