Up to 50% of the crop value
Credit amount
Up to 12 months
Credit term
Up to 10 months
Grace period
In national and foreign currency
Credit currency
Individually determined
Credit rate
Farms, grain and seed clusters
Client
Purpose of credit:
Financing of wheat cultivation costs for clients of "Uzsanoatqurilishbank" JSCB
Currency:
National currency
Foreign currency
Credit term:
From the Fund's funds:
Up to 12 months, grace period - up to 10 months.
From the Bank's own funds:
Up to 12 months, grace period - up to 10 months.
From the attracted funds:
For wheat cultivation - according to the terms of the attracted funds.
Interest rate:
From savings funds: from 10% to 12% (with a 2% bank margin).
From bank funds: at least 26% per annum.
Credit amount:
The credit amount is determined in the amount of up to 50% of the crop value. The minimum price and standard yield data are provided by the Ministry of Agriculture of the Republic of Uzbekistan and approved by the bank
Product collateral:
Small and medium-sized businesses: at least 125% of the loan amount.
Other customers: at least 50% of the loan amount.
Property security:
Real estate, buildings and structures;
Transportations;
Special equipment;
Cash.
Non-property collateral:
Third party guarantee;
Credit default insurance policy.
I. For grain clusters and cooperatives operating on the basis of futures contracts with farms:
- Application form to obtain a credit
- Founding documents and recent amendments to them.
- The following financial documents for the last reporting period:
- Accounting balance sheet;
- Financial performance report;
- Information on accounts receivable and payable..
Note: If the client has recently started their financial activities, quarterly or expedited reports are acceptable.
- Turnover and balances of accounts in other banks for the last one year (if any).
- Permission to obtain a loan from the founders or an authorized body.
- Documents confirming the right of the authorized head or his representative to sign a loan agreement (order, power of attorney, etc.).
- Approved list of farms with which a futures contract has been concluded.
- Approved certificate from the district khokim on the placement of grain crops.
- Certificate on normative productivity in relation to the soil quality score (approved).
II. For farms, seed farms and clusters:
- Application form to obtain a credit
- Founding documents and recent amendments to them.
- The following financial documents for the last reporting period:
- Accounting balance sheet;
- Financial performance report;
- Information on accounts receivable and payable.
Note: Quarterly or expedited reports are accepted.
- Turnover and balances of accounts in other banks for the last one year (if any).
- Permission to obtain a loan from the founders or an authorized body.
- Documents confirming the right of the authorized head or his representative to sign a loan agreement.
- A copy of the concluded contract for the sale of wheat.
- A certified certificate from the district khokim on the placement of grain crops.
- A certified certificate on the normative yield in relation to the soil's bonit score.
Additional conditions:
- If the counterparty is registered in Russia, Belarus, or Iran, a positive conclusion must be provided by international law firms that these counterparties are not on the sanctions list.
Note:
The list of documents provided may change in accordance with Presidential decrees, government resolutions, or other regulatory documents.
