Examples of MB Bank in a sentence
The Bank has signed a business alliance agreement on business cooperation regarding business matching and lending with Military Commercial Joint Stock Bank (MB Bank), a major commercial bank in Vietnam.
Construction Loan Agreement During December 2017, the Company entered into a loan agreement with MB Bank, which provides the Company with a non-revolving construction loan of $25.6 million.
Before the acquisition, but after MB Bank’s conversion to a credit card bank, MB BHC also proposed to redeem approximately 50 percent of its common stock.To comply with the provisions of the credit card bank exemption under the BHC Act, other representations and commitments were made by and on behalf of MB Bank and MB BHC.
Prior to the acquisi- tion, MB Bank planned to convert itself to a depository institution that would qualify for the credit card bank exemption under the BHC Act.
MB Bank is an investment bank that markets the MB Warrant, an instalment warrant arrangement over selected commercial real properties.
Phnom Penh Branch, Cambodia Supplementary Financial Information For the year ended 31 December 2016 BOARD OF MANAGEMENT Mr. Do Nam Hung Director (appointed on 12 September 2016) Mr. Than The Hanh (resigned on 25 September 2016) Mr. Tran Nhat Linh Mr. Tran Trung Hieu Deputy Director Deputy Director (appointed on 12 September 2016) BRANCH MB Bank Plc.
The potential PFIs include Vietcombank, ACB, TP Bank, LienVietPostBank, MB Bank, VietinBank, BIDV, Techcombank, SH Bank and HD Bank.The knowledge and experience of key stakeholders of safeguard implementation i.e. IEs, PFIs and MOIT are considered limited.
MB Bank, on behalf of the Company, previously issued an Irrevocable Standby Letter of Credit in the amount of $0.6 million in favor of the City of Madison, Wisconsin, which is deemed to have been issued pursuant to the 23 construction loan agreement (the “City Letter of Credit”).
The MB Bank executes a mortgage and establishes a security trust over the property to secure the borrowing made by the investor.
Borrowings under the revolving loan agreement accrue interest at one of the following per annum rates, as elected by the Company (i) the sum of the 1-month LIBOR rate plus 2.00 percent, (ii) the sum of the 3-month LIBOR rate plus 2.00 percent, or (iii) the MB Bank Reference Rate minus 0.5 percent.