Vci Mobilizes Foreign Loans To 100 Million Usd

The credit loan limit from Foreign banks of VCI has a total value of 100 million USD along with the right to increase the borrowing limit of up to 150 million USD.CTCP Vietnam Securities (VCSC, HOSE: VCI) said On November 22 signed a limit of credit loan limit from foreign banks with a total value of 100 million USD (equivalent to VND 2,300 billion) along with the right to increase the limit of borrowing up to 150 million USD ( equivalent to VND 3,450 billion). The borrowing loan from the group of foreign banks is headed by Maybank Kim Eng Securities with Malayan Banking Berhad (Singapore branch) is one of the lenders. Large joining loan capital including First Commercial Bank, Hua Nan Commercial Bank, Taishin International Bank, Chang Hwa Commercial Bank, Taiwan Business Bank, Taiwan Cooperative Bank, Keb Hana Bank, Sunny Bank. Borrowing with short interest rates Deadline according to the international currency market and is expected to be disbursed into 2 installments

. Before successful arrangements Boning the limit of 150 million USD This time, VCSC has also successfully arranged a loan of 40 million USD consciousness from the group of banks led by Sinopac Bank in the second quarter of 2020.VCSC said, expanding Foreign loans with large capital and competitive capital costs will help VCSC have more resources to promote the company's businesses. The above loan capital will be distributed by VCSC into service segment activities Securities brokers and financial support services for customers, especially margin lending activities, with competitive costs and volumes.

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