Dong Nai branch of Eximbank offers loans at VND130 billion to import-export enterprises

03:08, 26/08/2008

(ĐN)- Dong Nai branch of Eximbank has offered preferential loans worth more than VND130 billion to local import-export enterprises during the last one month.

Eximbanks client in Dong Nai won special prize worth VND400 million in promotional program launched by the bank 
(ĐN)- Dong Nai branch of Eximbank has offered preferential loans worth more than VND130 billion to local import-export enterprises during the last one month. This is part of the program to provide financial support for import-export businesses, launched by the bank at the end of July. Reportedly, Eximbank has reserved about VND2,000 billion and $100 million to provided soft loans at an interest rate of 8.4%/year for loans in VND and 6.6%/year in foreign currency lending. Until now, the bank disbursed VND800 billion to importers and exporters nationwide, said Nguyen Van Hao, Director of Dong Nai branch of Eximbank. To get approval for Eximbank’s soft loans, the enterprises are required to have a source of foreign currencies for payment and sale via the bank. 

Reported by K.L