State Investment Credit Loan Limit: Not Exceeding 70% of the Project Investment Capital

22:16, 11/07/2024

State credit loans under Decree 32/2017/ND-CP are a form of capital support for organizations that are assessed and evaluated by the Vietnam Development Bank as effective, ensuring full repayment of both principal and interest.

To be specific, as follows:

- The maximum amount of state investment credit loans for each project is 70% of the total investment capital of the project (excluding working capital).- The total outstanding credit granted by the Vietnam Development Bank (including state investment credit) based on its own capital must not exceed 15% for a single customer, and must not exceed 25% for a single customer and related persons, except for special projects decided by the Prime Minister the Government of Vietnam.- The Vietnam Development Bank decides the loan amount for each investment project based on the project appraisal results and ensures the credit limit.

More details can be found in Decree 32/2017/ND-CP effective from May 15, 2017.

- Ngoc Duyen -

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