Wednesday, 24/03/2010 23:00

FBT: Resolution of the Board of Directors

Ben Tre Forestry and Aquaproduct Import - Export Joint Stock Company (FAQUIMEX) announced the resolution of the Board of Directors as follows:

Article 1:

The Board of Directors approved the following contents:

- Business plan and credit plan for 2010 presented by the Director General on January 27, 2010.

- The credit limits for 2010 in banks presented by the Director General on January 27, 2010, as follows:

+ New credit limits:

Unit: VND

No.

Bank

Old limits

Expiration

New limits

Balance at Dec 31, 2009

1

VietNam Joint Stock Commercial Bank For Industry and Trade

60,000,000,000

Jun 30, 2010

60,000,000,000

59,999,905,734

2

Bank for Investment and Development of Vietnam

250,000,000,000

Jan 30,2010

200,000,000,000

104,330,269,520

3

DongA Bank

60,000,000,000

Mar 30, 2010

95,000,000,000

54,188,070,171

4

Vietnam Development Bank

73,000,000,000

Jun 05, 2010

35,000,000,000

32,296,798,892

 

Total

443,000,000,000

 

390,000,000,000

250,815,044,317

+ Authorizing the Director General to sign mortgage, guarantee and credit contracts with commercial banks in 2010.  

Article 2: This resolution takes effect from March 15, 2010.   

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