Urban Development and Construction Corporation announces the Board Resolution dated September 25, 2019 as follows:

1. The Board of Directors approved the credit limit at Agribank – Ba Ria – Vung Tau branch with the amount of VND 30,000,000,000 for construction projects.
2. The Board of Directors approved the guarantee limit at Agribank – Ba Ria – Vung Tau branch with the amount of VND 60,000,000,000 for the construction and installation of constructions works.
3. Urban Development and Construction Corporation agreed to use its assets that are accepted by Agribank as the collateral for its credit obligation at Agribank.