Government loans

Nordic Investment Bank loan

Loan conditions

  1. The member countries of Nordic Investment Bank include Denmark, Finland, Norway, Sweden, Iceland, Latvia, Estonia, Lithuania
  2. The loan period is 10-20 years (including the 3-5 year grace period), the loan interest rate: EURIBOR+0.5%-0.7% (Euro) 0.7%-0.9 (USD).
    Front-end fee 0.25% (natural lender Payment within 30 days after accepting the loan) , Commitment fee: 0.25%-0.35% (Euro) / 0.35%-0.45% (USD)
  3. In principle, the loan amount of a single project is not less than 30 million euros, and the loan ratio of the Nordic Investment Bank does not exceed 50% of the total investment of the project

Loan area

Focus on supporting renewable energy, biomass energy, electric transportation infrastructure and new energy vehicles, green energy efficient buildings, energy efficiency projects, clean technology investment, vocational education, and other technology transfer projects of interest to both parties

Currency

Euro, US dollar

Purchasing requirements

The contract is generally undertaken by the suppliers of the Nordic Investment Bank member countries, and the supply ratio of the Nordic Investment Bank member countries is not less than 30% of the loan amount.

Israeli Government Loan

Loan conditions

National Loan Method Annual interest rate Repayment period
Israel soft loan A (under 1 million dollars) fixed 3.2% float:LIBOR +0.45% 7 years
Israel soft loan B (1-5 million dollars) fixed 2.5% float:LIBOR +0.5% 10 years
Israel soft loan C (up to 5 million dollars) fixed 3.6% float:LIBOR +0.5% 15 years
  1. The contract amount is less than 1 million US dollars (inclusive). The loan condition plan A or A-1.A plan is a fixed interest rate of 3.2%, and the loan period is 7 years, including an 18-month grace period; A-1 plan is annual floating The interest rate is LIBOR + 0.45, and the loan period is 7 years, including a two-year grace period.
  2. The contract amount is higher than 1 million US dollars and less than 5 million US dollars (inclusive). Applicable loan plan B or B-1.B plan is a fixed interest rate of 2.5%, the loan period is 10 years, and 70% of long-term financing loans are in financial agreements. From the 24th month after taking effect, it will be repaid in equal amounts of 10 times every six months, and the remaining 30% of long-term financing loans will be repaid in equal amounts of 10 times every six months from the 66th month after the financial agreement takes effect; + 0.5%, loan period is 10 years, including 2 years grace period.
  3. The contract amount is higher than 5 million US dollars. The applicable loan condition plan C or C-1.C plan is a fixed annual interest rate of 3.6%, and the loan period is 15 years, including an 18-month grace period; C-1 plan is the annual floating interest rate LIBOR + 0.5%, loan period is 15 years, including 2 years grace period.

Loan area

High-tech fields such as health care, environmental protection, education and training, intelligent transportation, modified atmosphere storage, sprinkler irrigation, drip irrigation, communications, and special projects of interest to governments in the fields of both countries.

Currency

USD
Imported equipment enjoys tariff and VAT reduction

Purchasing requirements

Israeli supply ratio is not less than 30% of the contract value.

Operation process of Israeli government loan project

  1. The project declaration unit prepares the project declaration document according to the project solicitation requirements
  2. Application for Development and Reform Commission project approval
  3. Apply for financial guarantee
  4. List of equipment and technology sent to the bidding company
  5. Go for bid and sign business contracts
  6. The contract is submitted to the Israel Export Credit Insurance Corporation (ASHRA) and the ministerial committee for approval
  7. The two banks signed a loan agreement, the contract is officially effective
  8. Arrival of equipment, installation, commissioning and acceptance

Austrian Government Loan

Information

On June 28, 2020, Minister Liu Kun of the Ministry of Finance of China and Minister Gernot Blümel of the Ministry of Finance of Austria signed the Framework Agreement on Financial Cooperation between the Ministry of Finance of the People’s Republic of China and the Ministry of Finance of the Republic of Austria.

According to the agreement, in the next five years, Austria will provide China with a total of 500 million euros of intergovernmental loans to support cooperation projects in the fields of infrastructure, medical and health.

Focus on supporting the construction of environmentally friendly infrastructure, renewable energy and energy efficiency, and environmentally friendly transportation. In principle, the loan amount for a single project is not less than 20 million euros. In principle, there is no country-specific purchase ingredient restriction, but I hope to consider the technical advantages of Europe and Austria

Annual quota Loan interest rate Loan term Front-end fee Commitment fee
150 million euros EURIBOR + 1.1%-1.24% (Euro) 12-14 years, including grace period of 2 years 0.25% 0.25%

Note

The Export-Import Bank is authorized to make unified loans.

Key support areas

(including environmentally friendly infrastructure, such as sewage treatment, solid waste treatment, urban water and sanitation, water supply, air pollution control systems, etc.; climate and environmental protection (such as: renewable energy, energy efficiency, garbage incineration, etc.); Environmentally friendly transportation solutions (such as railways, energy-saving urban transportation systems, cable cars and traffic safety technology); higher vocational training, dual vocational training; appropriate exploration of other overseas projects of mutual interest.

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