The Bank issues loans to legal entities being residents of the Republic of Uzbekistan to fund their business activities.
Loans are provided in non-cash form by transferring credit funds, as well as in compliance with the following principles: maturity, collectability, purposefulness, serviceability, security.
Loans are issued in the national currency of the Republic of Uzbekistan, and in foreign currency for the following purposes:
Working capital loans
Working capital loans are issued for up to 18 months without opening a loan facility or with opening a loan facility (revolver).
Under the Working Capital Loan, you may:
- purchase raw and other materials and components;
- pay for services and work performed;
- replenish commodity stocks;
- make seasonal purchases;
- pay for customs procedures, etc.
Investment Loans
Investment loans are provided for the development and modernization of production processes, increase in production capacities, and business expansion for up to 7 (seven) years.
As part of Investment Loans, you may:
- Purchase fixed assets and intangible assets - real estate, vehicles and equipment;
- Carry out construction, repair and reconstruction;
- Purchase building materials;
- •Make payment for work and services performed, as well as payment for a license for certain types of activities.
Collateral for loans:
- Real estate pledging;
- Vehicles;
- Equipment (as additional pledge);
- Surety of business owner (founder);
- Surety of the State Entrepreneurship Development Support Fund;
- Guarantees of other banks.
Documents for considering a loan application:
- Legal entity’s constituent and registration documents;
- Information about the current founders;
- Financial statements for the last 3 years of activities (balance sheet form 1 and 2);
- Business plan;
- Collateral documents;
- To consider the expediency of granting a loan, the Bank may request other information and documents depending on the project specifics.