Bao Ngoc secures VND 200 bn credit facility from An Binh Bank

Bao Ngoc Investment Group Joint Stock Company (BNA) has secured a short-term credit facility of VND 200,000,000,000 from the Hanoi Branch of An Binh Commercial Joint Stock Bank. The board of directors approved this plan on September 18, 2025, via Resolution No. 11/NQ-HDQT-BN. This resolution was publicly disclosed on the company's website on September 19, 2025.

The approved plan allows Bao Ngoc to use various legally owned assets as collateral, including real estate, deposit accounts, contracts, cash, vehicles, shares, and securities. Additionally, assets of third parties (real estate, contracts, deposit accounts, cash, vehicles, shares, securities) that meet An Binh Commercial Joint Stock Bank’s conditions can also be used as collateral.

Le Duc Thuan, chairman of the board of directors, has been authorized to negotiate, represent the company, and sign all related contracts and documents for these credit facilities and secured transactions. This resolution took effect immediately upon signing, with all relevant parties within the company responsible for its implementation.