PHS: BOD approved the credit limit at banks

On July 17, 2020, the BOD of Phu Hung Securities Corporation approved the credit limit at banks, including:

1)      At Vietinbank – Ho Chi Minh City Branch No.4: VND 340,000,000,000 and loan period of 01 year.

2)      At Yuanta Bank – Offshore Banking branch: USD 5,000,000 and loan period of 01 year.

3)      At E.Sun Bank – Dong Nai branch: VND 45,000,000,000 and loan period of 01 year.

4)      At the Shanghai Commercial & Savings Bank, Ltd – Dong Nai branch: VND 60,000,000,000 and loan period of 01 year.

5)      At the Shanghai Commercial & Savings Bank, Ltd – Hong Kong branch:

-          Short-term loan: USD 4,500,000

-          Letter of credit: USD 3,000,000

-          Loan period: 01 year.

HOSE

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