Loan term: Maximum 12 months.
Loan currency: VND, foreign currency (USD).
Export finance with collateral (L/C, D/P, D/A, T/T, CAD): Up to 90% of contract value and shall not exceed 95% of settlement costs.
Export finance with partial collateral:
- For L/C: maximum 85% of L/C value and no more than 90% of settlement costs.
- For D/P, D/A with payment period up to 90 days: Up to 70% of contract value and shall not exceed 75% of settlement costs.
Interest rate: by Kienlongbank's regulations from time to time.
Loan method: Credit line or by disbursement
Disbursement method: in line with contract implementation progress.
Debt collection method: fees, interests, principal to be collected from customers' accounts.
Fees: See fee schedule.
High credit limit/value of foreign contract.
Simple procedure, fast processing time.
Customers can also use other products: Guarantee, discount, factoring, international payment, foreign currency exchange,...