Overseas Investment Credit aim to assist local manufacturers in overseas investments to enable them to expand foreign markets or develop major resources.

I.Applicants
Local companies approved by or those that have filed reports with the Investment Commission under the Ministry of Economic Affairs to invest overseas.

II.Credit Items
The following foreign investments to be used as share capital:

1. Share capital investment through foreign currency cash remittance;
2. Share capital investment using export of machinery, equipment, spare parts, raw materials, semi-finished products, or finished products;
3. Mergers or acquisition using foreign currency cash remittance;
4. Credit to invested enterprise overseas to carry out investment plans.

III.Conditions for Loan
 

1. Method of Credit:
   To be extended solely by Eximbank or in syndication with other banks.
2. Credit Amount:
   Eighty percent of foreign share capital investment maximum.
3. Tenor:
   Depending on the payback period of investment, the credit period shall not exceed seven years. Extensions can be granted in special situations. A reasonable grace period may be granted depending on the status of investment payback.
4. Interest Rate:
   US dollar: 6 months LIBOR rate plus margin.
   NT dollar: Interest is calculated based on the 180 days average Reuters plus margin.
5. Currency:
   In U.S. dollars or new Taiwan dollars on a case-by-case basis.
6. Security:
   Since Overseas Investment Credit is a medium and long-term credit, manufacturers must provide bank guarantee or collateral approved by Eximbank