GREEN LOAN krediti

Purpose of credit:

This credit product is intended for financing "green" projects:

• Increasing energy efficiency (heating systems, thermal insulation, lighting, etc.);

• Using renewable energy sources (solar panels, wind turbines, biogas plants, etc.);

• Purchasing or manufacturing environmentally friendly transportation;

• Modernizing buildings to make them energy-efficient;

• Reducing and recycling waste;

• Rational use of water resources;

• Introducing "green" technologies (filters, sensors, air pollution monitoring stations, etc.);

• Conducting an energy audit;

• Financing projects that comply with the national "green" taxonomy.

Quantity:

To replenish working capital:

Simplified terms:

- Credit term: up to 12 months.

- Credit amount: up to $60,000, no limit.

General conditions:

- Credit term: up to 12 months.

- Credit to Value (LTV): not to exceed 150%.

- Credit amount: over $60,000 – up to the underwriter limit.

Investment projects:

Simplified terms:

Credit term: up to 60 months.

Credit amount: up to $60,000, no limit.

General terms:

Credit term: up to 60 months.

Credit load (LTV): not to exceed 100%.

Credit amount: above $60,000 – up to the underwriter's limit.

Interest rate:

In national and foreign currency:

Credits are provided on terms not lower than the standard interest rates in the “Uzsanoatqurilishbank” system.

Based on regulatory legal documents:

If an interest rate and bank margin are set for the target resources, this interest rate is applied.

Special conditions for “Green Energy” projects:

For the first 3 years: The base rate of the Central Bank + 7%.

For the 4th-5th years: On terms not lower than the current lending interest rates in the “Uzsanoatqurilishbank” system

Credit provision:

Property pledge and/or cash collateral in the amount of not less than 125% of the credit amount (130% for Related Parties);

The initial property pledge on the credit is not less than 70% of the credit amount, the remaining part of the property pledge, i.e. not less than 55% of the credit amount, may be taken as collateral after the fixed assets purchased on credit are registered in the name of the client. In this case, an insurance policy or guarantee is provided before the pledge is presented. In cases where this condition is not met, the amount of property collateral on the credit must not be less than 125% of the credit amount;

Property maintenance:

Real estate based on the requirements established by the bank (light-structured shops located in the market area are not accepted as collateral);

Autotransportation - no more than 5 years old (in this case, the year of manufacture is considered the first year in the calculation process);

Special equipment - no more than 3 years old (in this case, the year of manufacture is considered the first year in the calculation process);

Equipment - no more than 2 years old (in this case, the year of manufacture is considered the first year in the calculation process);

Cash (must be in the same currency as the loan currency);

Fixed assets, tools, equipment and special equipment purchased at the expense of credits funds.

Additional requirements:

Payment under the import contract must be made directly upon delivery of the fixed assets or by letter of credit (100%) (if the import contract stipulates that payment will be made before delivery of the fixed assets, financing must be carried out under the guarantee of a financially stable foreign bank), except for the exceptions specified in the credit policy.

In cases where credit funds are planned to be directed to local enterprises for the purchase of solar panels, the following rules apply:

1. The price of a solar panel must not exceed 1,700.0 US dollars equivalent per 1 kW;

2. The purchase and sale agreement must contain a detailed description of the equipment to be purchased (solar panel production capacity, solar panel freshness, solar panel composition);

3. At least a solar panel and an inverter must be purchased under the purchase agreement (if this condition is not met, the customer must prove that he owns the solar panel or inverter that is not being purchased);

4. The purchase agreement must specify the warranty period for the equipment;

Additional requirements:

It is prohibited to provide credits as a guarantor to enterprises in which bank employees and their close relatives (parents, brothers, sisters, sons, daughters, husbands and wives, as well as parents, brothers, sisters and children of spouses) participate (founded) or are managed, as well as to enterprises in which the above persons participate (managed).