Salary

Basic conditions for providing the product

Purpose

For salary payments

Currency

UZS

Source of financing

Bank's own funds;

Term

on the basis of general agreement (framework agreement) – up to 12 months, by means of separate conclusion of individual loan agreement – for a period not exceeding 45 days*

Maximum risk exposure

Within the amount determined by the Procedure for organizing works on risk management in the system of JSCB "Uzpromstroybank", but up to 20% of the total amount of syndicated loans.

Grace period for the principal debt

None

Frequency of payment of principal debt and interest

It is repaid upon completion of individual loan agreement.

Interest

In the amount established for working capital by the decision of the Management Board on establishment of interest rates on credit operations and operations equivalent to them in the bank's system.

Qoʻshimcha shartlar

Client activity

Enterprises with period of activity more than a year from the date of their state registration

Customer account

The main account must be in the system of JSCB "Uzpromstroybank".

Presence of profit in the financial results statement (Form 2)

Positive

Credit rating (creditworthiness)

Not lower than the CC rating according to the scoring analysis system in accordance with the Procedure for organizing works on risk management in the system of JSCB "Uzpromstroybank".

Debt on existing credit and equivalent operations

No overdue debt

The number of cases where the principal debt has been carried over from month to month in the last 12 months.

No more than 5 cases in the system of JSCB "Uzpromstroybank"

General loan security:

In the amount of at least 125% of the loan amount;

Property security

Real estate, cars, special equipment, etc.;

Acceptable types of collateral and conditions for this collateral

Real estate – any; Motor cars – no more than 5 years from the date of issue;

Special equipment – more than 3 years from the date of production; Equipment – no more than 3 years from the date of release; Finished products in stock;

Non-property security

Guarantee of corporate clients and their divisions in the amount of at least 125% of the loan amount.

Requirements to guarantor company

Activities of the guarantor enterprise

Corporate clients with period of activity more than one year from the date of state registration

Guarantee amount

In amount not exceeding 1.5 times the amount of own funds (balance sheet – line 480) of the guarantor enterprise;

Credit rating (creditworthiness) of guarantor

No lower than the CC rating according to the scoring analysis system in accordance with the Procedure for organizing risk management in the system of JSCB "Uzpromstroybank".

Checking the intended use of the loan

Not required