CREDIT PRODUCTS

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CREDIT FINANCING `SMALL BUSINESS’ ENTERPRISES

01.07.2020

NAME OF PRODUCE

Crediting business entities working capital both in national and foreign currency

AMOUNT OF THE CREDIT ALLOCATED

Up to 70% of the total cost of the project, based on the project to be credited.

PURPOSE OF CREDITING

          - replenishment of working capital for the expansion and development of business entities

- loans may be issued with  opening  a revolving credit line or without opening a credit line

CREDIT PERIOD

No more than 12 months, taking into account the self-sufficiency of the project to be credited

INTEREST RATE

• in national currency up to 26 % per annum;

• in national currency (pre-export financing) up to 24% per annum;

• in foreign currency up to 12 % per annum. 

To obtain a loan, the borrower shall submit the following main documents to the bank:

• loan application;

• business plan with a forecast of cash receipts to the borrower's bank account (cash flow);

• balance sheet (form No. 1) of the borrower for the last reporting period, submitted to the relevant state tax inspectorate, a report on financial results (form No.2)  with the exception of newly created legal entities, individual entrepreneurs, dehkan farms which are operating without the formation of legal entities;

* documents for securing a loan that meets the requirements of the bank, taking into account the current legislation.