Up to 6 mlrd UZS equivalent
Maximum amount of credit
Up to 48 months
Credit term
Up to 6 months
Grace period
In national and foreign currency
Credit currency
Individually determined
Interest rate
Usefull to know
Basic information
Purpose of credit:
Currency:
Credit term:
Interest rate:
In foreign currency — 14%
Credit amount:
Up to the equivalent of 6 mlrd UZS
Grace period:
Credit collateral:
collateral in the amount of not less than 125% of the loan amount (130% for related parties)
Special conditions:
The borrower’s credit burden must not exceed 150%.
The client and its related entities must have no overdue principal or interest payments on existing loans within the system of JSCB Uzsanoatqurilishbank.
According to the information provided by the Credit Information and Analytical Bureau (CIAB), the client and its related entities must not have any active loans classified as “unsatisfactory,” “doubtful,” or “bad” within the system of JSCB Uzsanoatqurilishbank or other commercial banks.
There must be no outstanding balance in Account File No. 2 (Kartoteka-2).
The financial results statement for the latest reporting period (Form No. 2) must reflect a positive result.
The client must have positive own working capital.
Within the last 12 months prior to the application date, the number of payment deferrals under the approved repayment schedule within the system of JSCB Uzsanoatqurilishbank must not exceed three (a monthly principal and interest payment jointly counts as one case).
According to CIAB data, within the last 5 years of credit history:
Overdue debt exceeding 30 days must not exceed 15 cases;
Overdue debt exceeding 60 days must not exceed 3 cases;
No overdue debt exceeding 90 days is allowed;
No loans under court proceedings are allowed;
No off-balance-sheet (written-off) credit liabilities are allowed.
There must be no cases of misuse of existing loans within the system of JSCB Uzsanoatqurilishbank (verification is carried out by the Credit Analysis Service of the Medium Business Center based on the credit monitoring service’s act on targeted use and reflected in the conclusion. This condition does not apply if the act on targeted use has not yet become due, if the borrower has filed a lawsuit against the supplier for failure to deliver goods/services, or if targeted use verification is not required for the respective product).
There must be no violations of conditions established by the collegial body regarding existing loans within the system of JSCB Uzsanoatqurilishbank.
There must be no outstanding balances on accounts where the principal and interest repayment terms of existing loans have been revised (prolonged).
The client must have no outstanding amounts under enforcement proceedings initiated by the Bureau of Compulsory Enforcement.
Over the last 3 years, there must be no court claims in economic courts related to credit obligations (including cases where the client acted as guarantor) that were partially or fully satisfied, except where appropriate collateral was provided.
The client’s Debt/EBITDA ratio must not exceed 4 (except as otherwise provided in the Credit Policy).
According to CIAB data, the client’s credit score must exceed 200 points.
The client must have conducted continuous business operations for at least 6 months.
The borrower’s internal rating must not be lower than “B-” (except as provided in the Credit Policy).
The borrower’s external rating (if assigned by international rating agencies) must not be lower than “B-” (except as provided in the Credit Policy).
Over the last year or all reporting quarters of the current year (except as provided in the Credit Policy):
Operating expenses must not increase significantly in disproportion to revenue growth;
Return on Assets (ROA) must not decrease significantly (maximum decrease not exceeding 20%);
Return on Equity (ROE) must not decrease significantly (maximum decrease not exceeding 20%).
Documents required to obtain a credit
Application form.
Balance sheet and financial statement of the borrower for the last reporting period (submitted to the DSI in electronic form).
If forms 1 and 2 were received electronically by the Bank from the DSI database, resubmission is not required.
Quarterly balance sheet and financial results report for the latest period.
Consent of the founders of the borrowing enterprise to obtain a loan in accordance with the procedure established by current legislation.
Decision of the general meeting of pledge participants: on the presentation of the pledged property and the implementation of pre-trial collection against it.
Decision of the general meeting of the borrower's participants: on the provision and placement of deposit funds as collateral.
Information on account turnover in other banks (in cases where the main account is in another bank) and card-2 debt.
Purchase and sale and/or import contracts.
Documents related to the place of business:
cadastral documents,
rental agreement,
e-auction certificate,
governor's decision,
other supporting documents not prohibited by law.
These documents are not requested in cases where the place of business is not required.
Depending on the nature of the project, additional documents may be required by the Bank.
