VietinBank Securities bags $90 million syndicated loans from international banks 12:07 | 16/04/2021
International lenders signing the credit facility to support VietinBank Securities
VietinBank securities has received additional funding support with the recent signing of $60 million of syndicated loans, following a $30 million facility just a month ago.
On April 15, a consortium of major international lenders operating in Vietnam â Woori Bank Vietnam (Bac Ninh Branch), Taipei Fubon Commercial Bank Vietnam, and Cathay United Bank Vietnam â has inked an agreement to facilitate $60 million for the additional financial needs of VietinBank Securities.
In particular, Woori Bank Vietnam (Bac Ninh Branch) specifically provided $50 million, while Taipei Fubon and Cathay United provided $10 million altogether.