On October 07, 2020, the Board of Directors of MB Securities Joint Stock Company (MBS) approved to take loans at Tien Phong Commercial Joint Stock Bank (TPBank) as follows:
Type of loan
Secured loan
Unsecured loan
Limit
Up to 600 billion dongs
Up to 300 billion dongs
Purpose
To raise MBS’ working capital
Form of guarantee
Deposit contracts, securities, house rental rights, receivables
None
Loan term
Up to 12 months from the date of signing of credit contracts
Term of each disbursement
Up to 12 months