07:02
MBG(Multibank Group) will close its lending function on Gate on March 16. Users need to repay their loans before March 17.
Gate News bot message: According to the official Gate announcement on March 16, 2026,
The Gate platform announced adjustments to the lending functions of MBG by Multibank Group (MBG). Effective from 16:00 on March 16, 2026, ( UTC+8, the platform will disable the ability to open new loans in the unified account spot margin, collateralized lending, and isolated margin lending services.
For users with outstanding loans, the platform requires repayment to be completed before 16:00 on March 17, 2026, ) UTC+8. Loans that are not repaid by this deadline will be automatically settled and repaid by the system at that time.
The platform stated that this adjustment is based on its regular project review mechanism, aiming to optimize trading experience and ensure the security of user assets. The spot trading functions will remain unaffected.
More
MBG1,87%