According to the signed agreement, Phat Dat and MB Bank will strengthen cooperation and become comprehensive partners in the financial sector to maximize the potential and strengths of both sides.
Mr. Bui Quang Anh Vu - General Director of Phat Dat Real Estate Development JSC and Mr. Le Hoa Thuan - Director of MB Bank, Saigon branch at the signing ceremony.
The sponsored project is the Thuan An 1&2 High-rise Complex with a scale of 4.47 hectares located in a prime location right in the center of Thuan An city, connecting with many large industrial clusters in Binh Duong . The project has completed legal procedures with an investment of more than 10,800 billion VND, including products such as apartments, shophouses, townhouses, etc.
MB Bank will provide comprehensive financial solutions related to the project with a value of more than 6,000 billion VND for investors and customers owning products at the project.
Speaking at the signing ceremony, Mr. Ha Trong Khiem - Deputy General Director of MB Bank said: MB Bank highly appreciates Phat Dat's efforts during the recent difficult period of the real estate market: "After a rigorous appraisal process, MB Bank completely trusts in the reputation and capacity of the investor Phat Dat with a project that is legally complete, with product segments that meet the real needs of customers".
The Board of Directors of Phat Dat and MB Bank witnessed the signing ceremony of cooperation.
The cooperation between MB Bank and Phat Dat at the Thuan An 1&2 project is the first step for the next projects that the two sides are discussing such as the Bac Ha Thanh Urban Area project (Binh Dinh) or the project at 223 Tran Phu ( Da Nang )... This will be a cooperation that brings many benefits to the parties involved, Mr. Khiem said.
Mr. Bui Quang Anh Vu - General Director of Phat Dat commented: "The comprehensive cooperation agreement with MB Bank will help Phat Dat improve its financial potential, ensure construction progress and project handover; increase competitiveness in the market. In addition, the guarantee from MB Bank will create conditions for customers to easily own products and optimize investment benefits".
In 2023, Phat Dat focused on implementing a strategy to restructure its investment portfolio, focusing on projects in potential markets. In particular, Thuan An 1&2 High-rise Complex is a key project with a total investment of more than VND 10,800 billion, expected to be launched in the market in the first quarter of 2024.
“The comprehensive cooperation between Phat Dat and MB Bank is a testament to the determination to work together to successfully implement the business strategies of both units. Based on their own strengths, the two sides will complement and promote their advantages to bring about the highest cooperation efficiency,” said Mr. Vu.
Source: https://congluan.vn/mb-bank-tai-tro-hon-6-000-ty-cho-du-an-cua-phat-dat-tai-binh-duong-10231069.html
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