The Board of Directors of Phu Hung Securities Corporation (PHS) approved to extend and increase credit limits with the following banks:

1)      Extending the credit limit at First Commercial Bank – Hochiminh Branch

-          Credit limit: US$1,200,000

-          Loan term: 01 year

2)      Increasing the credit limit at Viet Nam Joint Stock Commercial Bank For Industry And Trade – Branch 4 Hochiminh City

-          Credit limit: VND200,000,000,000

-          Loan term: 01 year.