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Jurnalul.ro Vechiul site Old site English Version Eximbank Encourages the Exports

Eximbank Encourages the Exports

10 Aug 2004   •   00:00

ECONOMICS - August 10 2004

Eximbank has diminished the interests of the credits in lei for the exporters. The rate for the loans with a limit term less than two years has been set at 17.88%, in comparison with the 18.99% in July, according to a statement of the bank.
By CATALIN BUDESCU

For the credits with a limit term higher than two years the rate of the basic interest is 15.90%. All these interests will have 50%-60% bonuses.

CREDITS FOR INVESTMENTS. Also, the rate of the basic interest for the investment credits in lei with limit term lower than two years has been diminished from 19.99% to 18.88%. In the same time, the loans having a refund period higher than two years have an approximate interest of 17.90%. For the credits regarding the export, the addendum imports and financing based on commercial book debts in dollars the basic interest rate is 3.53%, and the one for credits for investments in outputs destined to the export, in dollars, is 4.03%. The basic interest rate of the credits for export with short-term and of the financing based on commercial book debts in euros is 3.7% while the loans for investments awarded in this manner have an interest of 3.97%.

Translation: SORIN BALAN

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