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SSI gets $100 million unsecured loan from Taiwanese banks - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Update: July, 28/2021 - 07:39 |   SSI Securities Corporation gets an unsecured loan worth US$100 million from some of Taiwanese leading banks. Photo courtesy of SSI HCM CITY SSI Securities Corporation has signed a contract for an unsecured loan worth US$100 million with some of Taiwan s leading banks led by Union Bank of Taiwan and Taipei Fubon Commercial Bank and with the participation of Bank of Taiwan, Taiwan Shin Kong Commercial Bank, Hua Nan Commercial Bank and others. The loan has a maximum term of 12 months with short-term interest rates as is common in the international market, and is expected to be disbursed in two tranches.

Rising foreign funds in sound financing

Local banks could gain the upper hand thanks to a number of syndicated loan facilities backed by international financial institutions, with a central focus on climate-friendly energy, digitally-led services, and narrowing the gap for small- and medium-sized enterprise financing.

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