This standby credit limit is the credit amount that Vietnam Eximbank commits to grant for customers (apart from the initial limit already signed between Eximbank and the customer). Eximbank and the customer will agree on the validity period of the standby credit line and lending interest rate. This credit limit is usually needed for those who wish to have sufficient capital for:
Project as the investment capital may rise
Customer’s own capital is not sufficient for the project or
Customer has to pay an unpredictable expense in the forthcoming time
This standby credit limit is the credit amount that Vietnam Eximbank commits to grant for customers (apart from the initial limit already signed between Eximbank and the customer). Eximbank and the customer will agree on the validity period of the standby credit line and lending interest rate.
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