Crediting

Uzpromstroybank traditionally is a universal bank, servicing main branches of the economy such as mining and oil transportation, mining mineral and raw material resources, energy, aircraft construction, chemical and light industry. The customers served by the bank covers all the branches of national economy.

The Credit policy

Uzpromstroybank is oriented on priority lending and financing the largest economic and social programs of the development of the republic, realization wide scaled investment activity in base branches of the economy.

Uzpromstroybank realizes lending managing subjects in national and in foreign currencies. Practically on all levels of management the bank supports credit interrelations with the already served customers in the bank, credit-worthy customers, and the customers with the good credit history. The receivers of the credit in national currency are enterprises such important branches of the economy, as a textile, food, oil and gas, chemical industry. And also joint ventures possessing the credit Herewith big attention is given to the projects, directed to financing enterprises of small business that they are the most competitive and social oriented in forming market conditions.

The Credits are given on short-term base for period of the use up to 12 months and for long-term - from 1year and over, but not over pay-back period of the project.

Short-term credits
Long-term crediting

The Short-term credits are given on the following purposes:

For purchasing of raw materials and materials
For purchasing seasonal and other temporary spares of TMC
seasonal expenses, connected with production and stocking up the product
expenses on preparation new production and adaptation to new kind of to products (including to the start-adjusting works ), as well as expenses on works over available for these purposes the own working capital
improvement the technology of the production, increasing production of goods, release the new product, increasing quality, reliability and durability of the product
extension of the consumer services of the population
payments to the suppliers of the product, and the other demand, related to payment
temporary completion the shortages of the own working capital of the enterprises and organizations, in events, specified with acting legislation, with the purpose of ensuring the uninterrupted financing crediting of the customers
under temporary absence of the sources of the financing
For repayment of expired debts on salary (the period of use the credit 45 days)

The Assistance on reduction debtor-creditor debts of organizations.

By high lightings a special purpose credits and providing a special purpose factorable services.

with a purpose of the making the conditions for efficient activity fellowship of owners accommodation, increasing quality provided services, intensification collective responsibility for fullness and timeliness of the payments for municipal services the branches give the short-term credits to the fellowship of owners accommodation for purchasing material and technical resources, equipment and inventory, required for realization current and major repairs.

The payment for using the credit of the bank is fixed in the sum no more than acting rates of the refinancing of the Central bank of the Republic of Uzbekistan.

The Credits on financing investment project can be issued on the following purposes:

Purchasing of the equipment, development and extension of own production, as well as mini technologies and compact equipment for agriculture and the other kind of business activity, connected with the production goods of public consumption and in the spheres of the services.

The Necessary documents for consideration investment project are:

A declaration for credit
A Copy of the regulations and Constituent agreement (notarially attested)
A Business plan with obligatory instruction of the analysis of the money flow
An Accounting report of the enterprises for the last 3 in cut quarter, confirmed by the tax inspection, in following composition: balance form №1; the report about financial results F- 2, decoding debtor and creditor debts
A Contract on supply (equipment; the raw materials and materials; on realization produced products
A Confirmatory documents for real property under production or agreement of the rent
A Technical passport of the purchasing equipment, competitive list

One of the types of the provision can be:

Guarantee of property and securities
Deposits in national and foreign currency
Bail of the Third persons
Means on exchange account of the costumers
Insurance policies on insurance of the risk paying off by the borrower of the credit of the insurance companies "Uzbek invest", "Uzagrosugurta", "Kafolat", and other reliable insurance companies

The Main terms of the issue of the credit for financing investment project are:

An Issue of the credit for financing investment project provides basically money flow and incomes of the project by way of cash means for repayment of debts
A Credits for financing investment projects are issued in national currency in cashless form
A Financing investment projects will be given only for resident of the Republic of Uzbekistan
Purchasing at the expense of the credit property can serve as the subject of the guarantee on given credit, in that event if it is liquid
A Period of the use of a credit is fixing depending on pay-back of the project
A Value of the percent rate is fixed on mutual agreement on base of the credit agreement
A Repayment of the credit and percents is realized on base of graphics repayment worked out with provision for forecasted money flow
The Bank participates also in realization syndicated lending of large investment projects
Besides, Bank produces the giving out a guarantee and bail

At realization accounting and credit relations all managing subjects regardless of property category, branches of the economy or the other non financial factors has equal with Uzpromstroybank possibility (except installed by Credit policy of the restrictions on geographical location and concentrations). Crediting is realized exclusively on the base of the analysis of the financial condition of the loan borrower and level of the risk of non repayment a credit within available resources.

Crediting of the managing subjects is realized by branches of a bank in according to Credit policy of the Bank on the conditions of recurrences, supplies, urgency and purposeful use of the given credit.

Crediting of all the borrowers independently of their forms of property is realized based on contract.

The Percent for using the credit at the expense of own resources of Uzpromstroybank are defined subject to duration of the period of the crediting, the guarantee given by the Borrower of well-timed return of the credit, supply and demand of credit resources and their prices, as well as the level of the credit risk with provision of rates of the refinancing of CB, on base of the agreement.

Crediting the expenses of the agricultural enterprises for growth of raw cotton and grain, bought for state necessities at the expense of the credit line of the Fund for payment for agricultural product, bought for state necessities at Ministry of finance RUZ:

The Terms of the issue of the credit:

Low-interest credits are given out to agricultural enterprises in amount up to 60 percents of the cost of the grown raw cotton and grain.
Periods of the giving credit for growth of a grain 12 months and for growth of the raw cotton 18 months, without right of prolongation.
Rate of the low interest credit is installed in amount 3 percent interest per annual.

The Credits are issued for the following purposes:

for payment of the labor and their wages;
for purchasing of the mineral fertilizers and facilities of chemical and biological protection of the plants;
for GCM;
for payment of the services MTP, alternative MTP, the other enterprises witch having farm machinery and Alliance of water users;
for payment the cost of seeds;
for purchasing spare parts for farm machinery;
for payment of leasing and insurance fees for it;
for payment for used electric powers;
for purchasing of the skin used at sowing of the cotton;
For payment of united land tax.

The List of documents required for reception of the low interest credit:

credit claim for reception of the credit;
copy of the agreement to contracting with the storage organization;
business plan;
Reference about debtor and creditor debts (the form 2а), as well as acts of the revise on debts over 90 days, report about financial results (the form № 2).

Last updated date: 08.08.2024 14:27