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11/01/2024

Eximbank spends VND 2,000 billion to sponsor export businesses with preferential interest rates

Responding to the direction of the State Bank of Vietnam on reducing lending interest rates to create conditions for businesses to access cheap capital, at the beginning of July 2011, Vietnam Import-Export Bank - Eximbank implemented the program "Finance". Export subsidy in VND with preferential interest rates.

The interest rate applied to export businesses is 19.5%/year for the purpose of supplementing capital for purchasing goods and raw materials, and paying for costs related to production, business and processing. exported goods. Maximum loan period is 6 months. Eximbank will spend 2,000 billion VND for this program.

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