Basic information

Finance leasing is a medium and long term credit carried out by the way of leasing machinery, equipment, means of transportation and other movable assets based on a Lease Agreement between KEXIM VLC and Lessee.

KEXIM VLC shall purchase the assets at the Lessee’s request and hold the ownership of the leased assets. The Lessee shall use the leased assets and make the payment of lease rent during the lease term, which is agreed upon by KEXIM VLC and Lessee.

Upon completion of financial obligations by the Lessee, the ownership tittle over the leased assets will be transferred to the Lessee.

• Leased asset : machinery, equipment, means of transportation and other movable assets (exclude ship and airplane).
  Leased asset shall be used directly in the business activity of Lessee.
  Leased asset shall be imported or purchased in domestic; and

  * Import of used machine and equipment is not allowed (according to Vietnamese policy)

• Interest Rate : Interest rate shall be Fix rate and/or Floating rate which agreed by both parties.
• Currency of Lease Agreement : in VND currency or foreign currency.

  * Conditions for Finance Leasing in foreign currency : Leased asset will be imported and Lessee has income in foreign currency to repay the lease rent.