Eximbank accompanies businesses to "overcome the waves" of the global economy

Exchange rate, interest rate, cost pressure: Big challenge for Vietnamese enterprises

The year 2025 opens with many uncertainties as the US Federal Reserve (FED) continues to maintain a cautious monetary policy and the international financial market shows no signs of stability. One of the significant impacts is the US imposing a 46% tax on some exports from Vietnam, creating additional pressure on export enterprises. Meanwhile, the foreign exchange market continues to witness fluctuations as the USD/VND exchange rate tends to increase due to FDI inflows not being strong enough to offset foreign currency demand. Despite expectations that the FED will lower interest rates in the second half of the year, the VND interest rate remains high, increasing capital costs for businesses.

At the same time, import-export businesses face increased costs due to exchange rate fluctuations and increasingly stringent trade finance conditions.

Eximbank provides flexible financial solutions to accompany businesses to overcome common challenges of the economy.

Faced with this reality, Eximbank - one of the leading banks in capital, currency and international payment business is supporting customers to improve business efficiency in a volatile environment.

Proactively control risks, optimize cash flow and expand international payments

With a modern foreign exchange trading system, Eximbank is one of the banks with the largest foreign exchange trading volume in Vietnam according to data from LSEG (London Stock Exchange Group). The bank provides solutions to hedge exchange rate risks through forward contracts and foreign exchange swaps, helping businesses take the initiative in their financial planning.

In order to support small and medium enterprises (SMEs), Eximbank also launched the "The Queen" international money transfer fee incentive program, with fees starting from only 1 USD/transaction when businesses buy foreign currency at Eximbank. For businesses with available USD sources, the fee reduction is up to 50%, up to only 200 USD/transaction. In addition, the EFEE fee package helps SMEs reduce up to 90% of international payment costs compared to the normal fee schedule. In particular, with Eximbank EBiz digital banking service, SMEs can transact online 24/7, ensuring safety and security, supporting cash flow management, international money transfers, registering for L/C issuance, and issuing guarantees online quickly.

With the "The Queen" promotion program, SME customers only need to pay from 1 USD/international payment transaction.

For FDI enterprises, the FDI Premium credit package with USD interest rates from only 3.4%/year and outstanding fee incentives support businesses in optimizing costs in the process of business expansion. In addition, from April 2025, Eximbank launched the Trade Return program - a comprehensive incentive for customers using international payment services at the bank. Specifically, exporting enterprises will be completely exempted from credit notification fees, notification and processing fees for L/C documents, collection, etc. Importing enterprises will be completely exempted from T/T money transfer fees and reduced up to 70% of L/C issuance fees, payment fees and preferential foreign currency buying and selling prices. Along with the global digitalization trend, Eximbank is also preparing to launch E-Factoring, a supply chain financing system with many modern features, supporting businesses to easily access capital quickly and conveniently.

Eximbank launches Trade Return program with many attractive incentives.

Eximbank's continuous efforts have helped the bank achieve many important achievements. Eximbank is currently the bank with the largest foreign exchange transaction volume in Vietnam according to LSEG and has been honored by major financial institutions such as JPMorgan, Bank of New York Mellon, Wells Fargo and CitiBank for its excellent international payment quality. In addition, S&P Global maintained Eximbank's credit rating at B+ with a stable outlook, affirming the bank's reputation and strong financial potential. Notably, in 2024, the Asian Development Bank (ADB) increased Eximbank's trade finance limit from 75 million USD to 115 million USD and is expected to continue to increase in 2025.

With a strong financial foundation, extensive experience and a strategy of continuous innovation, Eximbank continues to affirm its position as a pioneer bank in capital, currency and international payment business, helping customers confidently face all market challenges.

In addition to business support policies, Eximbank also launched Visa Direct service. With this service, individual customers can make international money transfers quickly and safely to more than 190 countries. Eximbank will waive fees for the first 100 transactions from March 2025, ensuring that the recipient can receive the full amount with a maximum limit of 25,000 USD/transaction. In addition, customers will be exempted/reduced from international money transfer fees right on the Eximbank Edigi digital banking application every Monday and Tuesday until December 31, 2025.

Source: https://hanoimoi.vn/eximbank-dong-hanh-cung-doanh-nghiep-vuot-song-kinh-te-toan-cau-697939.html