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.