With immediate effect Foreign Currency Financing with a fixed interest rate based on CIRR is available.
As OeKB tends to adapt the Export Financing Scheme (EFS) to internationalization efforts of the Austrian Export Economy, OeKB offers with immediate effect Foreign Currency Financing with a fixed interest rate based on CIRR*). This form of refinancing is available for export transactions with a credit tenor of two years or more.
The Ministry of Finance and The Austrian Federal Economic Chamber agreed to support the CIRR-Financing, if necessary. For the time being the official support is limited until the end of 2010.
More information: Commercial Terms
* Commercial Interest Reference Rate