Crediting of Legal Entities

Lending

KDB Bank Uzbekistan offers credit products in Local currency (UZS) and US Dollars (USD) to corporates that are the residents of the Republic of Uzbekistan.

Credit Products:

• Loans and revolving credit lines for replenishment of working capital (e.g. purchase of raw materials, components & details, payment of utility bills, etc.)

• Loans and finance lease for purchase of fixed assets (e.g. purchase of machinery & equipment, buildings, vehicles, etc.)

• Syndicated loans together with other local and foreign banks for financing of large investment projects.

Eligibility Requirements

The Bank does not grant any loan to the companies that have suffered loss for the recent 2 (two) financial years consecutively and have weak financial state.

Terms & Conditions

In Uzbek soums:

• Loan per transaction: up to 250 billion

• Approximate interest rate: Refinancing rate + 8% p.a.

• Maximum Loan Term: 2 years for loans to replenish working capital 5 years for loans & finance lease to purchase fixed assets

• Interest Accrual Method: From outstanding loan amount

• Interest Payment Frequency: On monthly basis

• Collateral: Buildings & structures
                         Vehicles, machinery & equipment
                         Inventory
                         Bank deposits
                         Guarantees & securities of the Government & other financial institutions
                         Other third-party guarantees and warranties

In US dollars:

• Loan per transaction: up to 20 million

• Approximate interest rate: Term SOFR 3M* + 5% p.a.

• Maximum Loan Term: 2 years for loans to replenish working capital 5 years for loans & finance lease to purchase fixed assets

• Interest Accrual Method: From outstanding loan amount

• Interest Payment Frequency: On monthly basis

• Collateral: Buildings & structures
                         Vehicles, machinery & equipment
                         Inventory
                         Bank deposits
                         Guarantees & securities of the Government & other financial institutions
                         Other third-party guarantees and warranties

Required Documents:

• Loan application that contains a description of the usage purpose, amount and term of the desired loan, as well as a description of the collateral

• Credit questionnaire filled by the applicant in the form established by the Bank

• Establishment documents of the applicant (legal or charter documents)

• Business plan (feasibility study) with a detailed description of the production plan, financial plan, analysis of the sales market, pricing policy, risk assessment for the project, and forecast of cash flow for the loan period.

• Financial statements for the last 3 years and the last reporting period, including balance sheet, income statement and transcripts to them

• Appraisal report of an independent appraiser on the collateral

• Decision of the authorized body (shareholders’ meeting, supervisory board, etc.) of the applicant on obtaining a loan and providing collateral

Note: Other documents may be requested by the Bank depending on the nature of the applicant's business and the project being financed.