Eximbank's announcement


Eximbank implements the interest rate support policy according to Decree 31 of the Government

Accordingly, EximBank implements interest rate support according to Decree No. 31/2022/ND-CP, Circular 03/2022/TT-NHNN dated May 20, 2022 on interest rate support from the State Budget for with loans from businesses, cooperatives, and business households.

With the spirit of proactively accompanying and sharing with businesses, cooperatives, and business households while strictly implementing the policies and directions of the Government and the State Bank, Eximbank commits to implementing the policy of supporting Interest rate subsidies according to Decree 31 and Circular 03 are public, transparent, timely, for the right subjects, for the right purpose for customers who meet the prescribed conditions for the purpose of stabilizing production, recovering and Developing production and business activities, promoting growth and economic development of the country in the post-Covid-19 epidemic period.

In order to ensure proper implementation of regulations of the Prime Minister and the State Bank, Eximbank has issued Decision No. 5572/2022/EIB/QD-TGD Guidance on implementing interest rate support according to Decree 31/2022/ ND-CP to deploy and apply throughout the system.

Accordingly, the subjects as well as conditions for determining customers receiving interest rate support have been determined. These are customers who are businesses, cooperatives, and business households in one of the registered business sectors including: aviation, transportation, warehousing, tourism, accommodation services, catering, education. education and training, agriculture, forestry and fisheries, processing industry, manufacturing, software publishing, computer programming and related activities, information service activities; including construction activities that directly serve the above economic sectors but does not include construction activities for real estate business purposes specified in the economic sector code under Decision No. 27/2018/QD -TTg.In addition, there is the purpose of using loan capital to implement projects to build social housing, housing for workers, and renovate old apartments in the list of projects compiled and announced by the Ministry of Construction. ;

The interest rate support is 2%/year, calculated on the loan balance and actual interest rate support loan term. The implementation of interest rate support is based on the customer's ability to repay debt, ability to recover according to Eximbank's assessment, and use loan capital for the right purpose.

The loan with interest rate support is a loan in Vietnamese Dong, a credit contract is signed and disbursed between January 1, 2022 and December 31, 2023, or when the limit is reached. interest rate support (interest rate support limit within the scope allocated to Eximbank by the State Bank)

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