Zhitong Financial APP News, UnionPay Holdings (00459) announced that on August 22nd, Jun Lian Credit, an indirect wholly-owned subsidiary of the company, entered into a mortgage loan agreement with borrowers, mortgagors and guarantors.
Accordingly, Cyber Credit agreed to grant to the borrower a loan with a principal amount of HK $37 million bearing interest at an effective annual interest rate of 12% for a repayment period of 12 months.