EXIMBANK REDUCES LENDING RATES IN VND FOR CORPORATE CUSTOMERS

Responding to the State Bank’s instruction on reducing lending rates in order to facilitate enterprises in approaching low-cost funds, since November 23, 2010 Eximbank has simultaneously reduced lending rates for all corporate customers by 1%p.a.

In addition, Eximbank has also applied preferential lending rates which are 1.5%p.a. lower than the published interest rates schedule for enterprises which have regular transactions with Eximbank, or have foreign currency revenues from export and small and medium enterprises which have good and efficient business plans.

This is Eximbank’s big effort to facilitate businesses in gathering capital to develop their production and business activities during year-end period.