MBG(Multibank Group) will close its lending function on Gate on March 16. Users need to repay their loans before March 17.

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Gate News bot message, according to the official Gate announcement on March 16, 2026

The Gate platform announced adjustments to the lending features of MBG by Multibank Group (MBG). Starting from 16:00 (UTC+8) on March 16, 2026, the platform will disable new lending functions in unified account spot leverage, collateralized lending, and isolated margin trading.

Users with outstanding loans are required to repay by 16:00 (UTC+8) on March 17, 2026. Loans not repaid by then will be automatically settled by the system at that time.

The platform stated that this adjustment is based on a regular project review mechanism, aimed at optimizing trading experience and ensuring the security of user assets. Spot trading functions will remain unaffected.

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