FilingReader Intelligence

Saigon - Hanoi Securities secures 1.8 trillion dong credit line

November 10, 2025 at 06:03 PM UTCBy FilingReader AI

Saigon - Hanoi Securities Joint Stock Company (SHS) announced on November 5, 2025, that its board of directors approved borrowing under a credit limit from Saigon - Hanoi Commercial Joint Stock Bank (SHB) – Dong Do Branch. The approved credit limit amounts to VND 1,800,000,000,000. This decision facilitates the company's access to capital for various operational needs.

The borrowing mechanism involves a credit limit with a usage term of 12 months from the date of the Credit Agreement, and each promissory note has a maximum term of 06 months. The collateral for this credit facility is broad, encompassing listed stocks, savings books/deposit contracts, government bonds, SHB-issued bonds, certificates of deposit, and real estate, among other assets acceptable under SHB's regulations.

The general director is authorized to implement and oversee all aspects of this credit facility, including negotiating interest rates, collateral arrangements, and signing all necessary documents. This authorization can be further delegated to other company leaders.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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