"Business online" loan for legal entities

 Business entities with a stable sales revenue through the Bank's "Mobile Banking" or "Internet Banking" application scoring analysis and offer agreement

Loan purpose

 – Formation and replenishment of working capital in business

– Loan funds are allocated by transferring money to the main account of the borrower online through the application "Mobile bank" or "Internet banking"

Loan term and percentage

 The loan is issued in the form of a revolver for a period of 12 months with the condition of repayment within 3 months

At least 22% per annum 

Amount (basic count amount)

Credit turnover for the last 6 months is allocated through the main account up to 3 times the average monthly amount, but not more than 50 million soums

Type of supply

 There should be a monthly income in the account of the business entity

Credit non-allocation cases

– in case of uninterrupted income of the client and any overdue loan / interest indebtedness or indebtedness on other loans "Kartoteka-2";

– Existence of credit indebtedness on previously allocated online loans;

– Online loans will not be refunded to customers who have a principal or interest debt due to a 15-day delay

 Lending to small businesses in national currency

 Individual entrepreneurs, microfirms, small enterprises, farms and family enterprises

Loan purpose

 Formation and replenishment of working capital in the activities of entrepreneurship

Loan term and percentage

- to form and replenish working capital for the borrower to start his business

Up to 12 months - not less than 22% per annum

Up to 18 months - not less than 24% per annum

Amount (base count amount)

 Within the framework of the presented project

Type of collateral

 - third party guarantee;

- credit risk insurance policies;

- property purchased on credit;

- liquid assets;

- Guarantee of the State Fund for Enterprise Development;

- other types of collateral under the law

Issuance of short-term open credit lines to small businesses under the long-term General Agreement to replenish working capital

Borrower

A legal entity or individual entrepreneur who is duly registered and acts appropriately 

Loan purpose

Working capital replenishment through the acquisition of goods, raw materials and materials for continuous production and trading activities

 Lending through an open credit line every 12 months under the General Agreement for a period of 36 months.

Not less than 23% per annum

Amount (base count amount)

 on a contractual basis (for business entities with regular cash flows in the account)

Type of collateral

 - third party guarantee;

- credit risk insurance policies;

- property purchased on credit;

- liquid assets;

- Guarantee of the State Fund for Enterprise Development;

- other types of collateral under the law

Purchase of equipment, real estate and other fixed assets, construction and repair, as well as loans for other investment projects

Borrower

Persons with legal entity status

Loan purpose

 -construction of enterprises and production facilities (structures);

-construction of buildings and structures;

-reconstruction, expansion, modernization, technical and technological re-equipment of existing production facilities;

-the acquisition of fixed assets, machinery and technologies, equipment and vehicles for production;

-for initiators of large investment projects for the development of design estimates and the implementation of their investment project;

-to cover the cost of the examination, including the total loan amount to finance the project.

Loan term and percentage

 Up to 12 months - not less than 22% per annum

Up to 24 months - not less than 23% per annum

Up to 36 months - not less than 24% per annum

Up to 60 months - in the amount of not less than 25% per annum

Amount (base count amount)

 Based on project cost

Type of collateral

 - third party guarantee;

- credit risk insurance policies;

- property purchased on credit;

- liquid assets;

- Guarantee of the State Fund for Enterprise Development;

- other types of collateral under the law

Other conditions

 The initiator's share in the investment project should be at least 30%, and the project should have positive economic indicators.

The loans granted by Resolution of the President of the Republic of Uzbekistan No. PR-4498 of October 24, 2019 “On Additional Measures to Improve the Lending Procedure for Projects Implemented under the State Family Business Development Program”

Borrower

- Decree of the President of the Republic of Uzbekistan dated February 2, 2018 No. PD-5325 “On measures to improve activities in the field of supporting women and strengthening the institution of the family”;

- Decree of the President of the Republic of Uzbekistan dated June 27, 2018 No. PD-5466 "On the state program" Youth is our future";

- Resolution of the President of the Republic of Uzbekistan dated April 26, 2018 No. PR-3680 “On additional measures to improve the activities of farmers and land owners”;

- Resolution of the President of the Republic of Uzbekistan dated June 7, 2018 No. PR-3777 "On the implementation of the program" Every Family is an Entrepreneur";

- Resolution of the President of the Republic of Uzbekistan dated July 14, 2018 No. PR-3856 “On measures to improve and increase the efficiency of employment”;

- Resolution of the President of the Republic of Uzbekistan dated November 28, 2019 No. PR-4539 “On additional measures for the further development of crafts and support for artisans”;

- Resolution of the President of the Republic of Uzbekistan dated March 7, 2019 No. PR-4231 “On additional measures for the wide involvement of the population in the field of entrepreneurship and the development of family entrepreneurship in the regions”;

- In accordance with the above decisions, the population and business entities are ready to engage in family business, engage in certain income-generating activities and expand their activities in the republic. 

Loan purpose

Payment of services and goods to ensure employment, increase production and service opportunities for entrepreneurs (does not include working capital and catering)  

Loan term

- PD-5325 up to 36 months;

- PD-5466 up to 60 months;

- PR-3680 up to 36 months;

- PR-3856 up to 36 months;

- PR-4539 up to 18 months;

- PR-4231 up to 36 months.

Amount (base count amount)

- within the framework of the project in accordance with PD-5325;

- within the framework of the project in accordance with PD-5466;

- within the framework of the project in accordance with PR-3680 (up to 100 times for individuals);

- up to 500 times the size of the basic calculation according to PR-3856 (up to 100 times for individuals);

- up to 250 times the size of the basic calculation according to PR-4539;

- Up to 1000 times the basic calculation according to PR-4231,  in case of more than 1000 times on the basis of the conclusion of the Republican coordinator (up to 150 times for individuals). 

Percentage

 Refinancing rate of the Central Bank of the Republic of Uzbekistan

Type of collateral

 - third party guarantee;

- credit risk insurance policies;

- property purchased on credit;

- liquid assets;

- Guarantee of the State Fund for Enterprise Development;

- other types of collateral under the law

Issuance of salary loans to business entities

 Enterprises that do not have the necessary funds in temporary bank accounts due to the production of goods or the performance of specific tasks necessary for the functioning of the overall economy, as well as the execution of government orders with real cash flows in the next 45 days

Loan term

 Up to 45 days 

Percentage

In an amount not exceeding 22 percent per annum 

Quantity

Salary loans are based on the amount of salary accrued per month, which is allocated to the total single social payment and income tax. In some cases, depending on the requirements of large enterprises that are part of the basic economic sectors, loans may be issued for salaries calculated for several months. 

Type of supply

- liquid property;

- other types of security under the legislation. 

Salary credit is prohibited in the following cases:

 a) if the enterprise does not provide the bank branch with accurate and reliable information on the sources of loan repayment;

b) if the enterprise has suffered financial and economic interruptions over a long period of time;

c) in the absence of clear sources of loan repayment. 

Leasing services for small businesses

 Small business entities with the status of a legal entity, micro-firms, small enterprises, farmers and family enterprises

Loan purpose

 One party (lessor) on behalf of the other party (lessee) to buy from the third party (seller) the property (object of leasing) conditioned by the lease agreement and to own and use it for a fee on the terms specified in this agreement. issued for a period of more than a month.

Loan term and percentage 

Up to 36 months - in the amount of not less than 24%

Up to 60 months - not less than 26%

Quantity

Based on the project cost

Type of supply

- third party guarantee;

- non-refundable insurance policies;

- liquid property;

- Guarantee of the State Fund for Entrepreneurship Development;

- other types of security under the legislation.

Implement factoring practices for small businesses

Small business entities with the status of a legal entity, micro-firms, small enterprises, farmers and family enterprises 

Loan purpose

Acquisition of receivables (Business entities - for the purpose of financing suppliers, which are accepted by the payer for goods, works or services delivered to the bank-financial agent, but have no right to recourse, without the right of recourse). 

Loan term 

Up to 90 days

Percentage

Not less than 12%

Quantity

 Based on the project cost 

Basic condition

Factoring operations:

- on requirements to budget organizations;

- on debt obligations of individuals;

- on liabilities of enterprises declared insolvent;

- for loss-making enterprises;

- on financing of capital investments;

- on export consignment contracts;

- on compensation and barter agreements;

- on a phased or lump-sum basis;

- during the period stipulated by the payment agreement, as well as under the contract of sale, which has the right to return the product after the provision of sales services.