Information about conditions for issuing loans by banks at the expense of attracted foreign credit lines of Hamkor Bank.
Foreign credit line: Asian Development Bank (UZB 3405)
No. |
Questions |
Conditions |
1. |
Borrower requirements |
Small business entities |
2. |
Industry of directing credit line funds |
Industrial, transport and agriculture |
3. |
Purpose of directing credit line funds |
Supporting small business and entrepreneurship |
4. |
Minimum and maximum amount for each financed loan |
Amount issued to a borrower or a group of borrowers not exceeding 300,000 USD |
5. |
Loan currency |
USD |
6. |
Loan amount |
45,0 million USD |
7. |
Loan term |
1. 18 months for replenishment of working capital; 2. 60 months for purchasing equipment; |
8. |
Annual interest rate on the loan |
8+Libor The interest rate LIBOR is determined every 6 months by LIBOR rate as of May 15 and November 15. |
9. |
Grace period |
1. 6 months for replenishment of working capital; 2. 12 months for purchasing equipment; |
10. |
Bank commission |
Not provided |
11. |
Loan issuance form |
Transferring to the seller’s account |
12. |
Borrower’s share in project financing |
At least 25%; |
13. |
List of countries from which equipment is purchased through a loan |
Produced in ADB member countries, as well as must also be delivered to from these countries. |
14. |
Mortgage security requirements |
At least 130% to the ratio of the loan amount; |
15. |
What is the ratio in percentage to the adoption of the collateral security of the purchased equipment and mechanisms? |
Up to 80%; |
16. |
Eligible (Project) regions |
All regions |
17. |
List of required documents for getting a loan |
• Application; • Business plan; • Financial reports for the last reporting date; • Security documents; • Documents on ecology; • Agreement on using loan funds; • Commercial proposals from suppliers on investment projects; |
18. |
Others |
Borrowers must comply with the requirements of social protection and the environment. Meet the conditions established by law in relation to health and safety, as well as meet the requirements of the current rules on social protection in the Republic of Uzbekistan. |
Foreign credit line:
International Development Association (Energy Efficiency Project)
No. |
Questions |
Conditions |
1. |
Borrower requirements |
Domestic industrial enterprises that have projects for replacement and modernization of equipment of existing production in order to increase its energy efficiency of at least 20% |
2. |
Industry of directing credit line funds |
Industry |
3. |
Purpose of directing credit line funds |
Supporting domestic manufacturing enterprises on improvement of energy efficiency. |
4. |
Minimum and maximum amount for each financed loan |
Up to 10 000 000 USD |
5. |
Loan currency |
USD and UZS |
6. |
Loan amount |
33,0 million USD |
7. |
Loan term |
Up to 20 years |
8. |
Annual interest rate on the loan |
6+Libor (6 months) |
9. |
Grace period |
Up to 5 years |
10. |
Bank commission |
Not provided |
11. |
Loan issuance form |
Transferring to the seller’s account |
12. |
Borrower’s share in project financing |
At least 25%; |
13. |
List of countries from which equipment is purchased through a loan |
No restrictions |
14. |
Mortgage security requirements |
At least 130% to the ratio of the loan amount; |
15. |
What is the ratio in percentage to the adoption of the collateral security of the purchased equipment and mechanisms? |
Up to 80%; |
16. |
Eligible (Project) regions |
All regions |
17. |
List of required documents for getting a loan |
• Application; • Business plan; • Financial reports for the last reporting date; • Security documents; • Documents on ecology; • Agreement on using loan funds; • Commercial proposals from suppliers on investment projects; • Tender documents; |
18. |
Others |
|
Foreign credit line: European Bank for Reconstruction and Development
No. |
Questions |
Conditions |
1. |
Borrower requirements |
Small business entities |
2. |
Industry of directing credit line funds |
All sectors of the economy (except light industry, alcohol production, gambling…..) |
3. |
Purpose of directing credit line funds |
Supporting small business |
4. |
Minimum and maximum amount for each financed loan |
Maximum amount per borrower 1000 000 USD in UZS equivalents |
5. |
Loan currency |
UZS |
6. |
Loan amount |
20,0 million USD |
7. |
Loan term |
1. 18 months for replenishment of working capital; 2. 36 months for purchasing equipment; |
8. |
Annual interest rate on the loan |
20-22% |
9. |
Grace period |
1. 3 months for replenishment of working capital; 2. 8 months for purchasing equipment; |
10. |
Bank commission |
Not provided |
11. |
Loan issuance form |
Transferring to the seller’s account |
12. |
Borrower’s share in project financing |
At least 25%; |
13. |
List of countries from which equipment is purchased through a loan |
No restrictions |
14. |
Mortgage security requirements |
At least 125% to the ratio of the loan amount; |
15. |
What is the ratio in percentage to the adoption of the collateral security of the purchased equipment and mechanisms? |
Up to 80%; |
16. |
Eligible (Project) regions |
All regions |
17. |
List of required documents for getting a loan |
• Application; • Business plan; • Financial reports for the last reporting date; • Security documents; • Documents on ecology; • Agreement on using loan funds; |
18. |
Others |
Borrowers must comply with the requirements of social protection and the environment. Meet the conditions established by law in relation to health and safety, as well as meet the requirements of the current rules on social protection in the Republic of Uzbekistan. |
Foreign credit line: Triple Jump B.V.
No. |
Questions |
Conditions |
1. |
Borrower requirements |
Small business entities |
2. |
Industry of directing credit line funds |
All sectors of the economy (alcohol production, gambling…..) |
3. |
Purpose of directing credit line funds |
Supporting small business and private entrepreneurship |
4. |
Minimum and maximum amount for each financed loan |
The maximum amount per borrower is 24 957 EUR in UZS equivalents |
5. |
Loan currency |
UZS |
6. |
Loan amount |
5,0 million USD |
7. |
Loan term |
1. 18 months for replenishment of working capital; 2. 36 months for purchasing equipment; |
8. |
Annual interest rate on the loan |
24-25% |
9. |
Grace period |
1. 3 months for replenishment of working capital; 2. 8 months for purchasing equipment; |
10. |
Bank commission |
Not provided |
11. |
Loan issuance form |
Transferring to the seller’s account |
12. |
Borrower’s share in project financing |
At least 25%; |
13. |
List of countries from which equipment is purchased through a loan |
No restrictions |
14. |
Mortgage security requirements |
At least 125% to the ratio of the loan amount; |
15. |
What is the ratio in percentage to the adoption of the collateral security of the purchased equipment and mechanisms? |
Up to 80%; |
16. |
Eligible (Project) regions |
All regions |
17. |
List of required documents for getting a loan |
• Application; • Business plan; • Financial reports for the last reporting date; • Security documents; • Documents on ecology; • Agreement on using loan funds; |
18. |
Others |
Borrowers must comply with the requirements of social protection and the environment. Meet the conditions established by law in relation to health and safety, as well as meet the requirements of the current rules on social protection in the Republic of Uzbekistan. |
Foreign credit lines BlueOrchard
No. |
Questions |
Conditions |
1. |
Borrower requirements |
Small business entities |
2. |
Industry of directing credit line funds |
All sectors of the economy (alcohol production, gambling…..) |
3. |
Purpose of directing credit line funds |
Supporting small business and private entrepreneurship |
4. |
Minimum and maximum amount for each financed loan |
The maximum amount per borrower is 1.5 billion UZS; |
5. |
Loan currency |
UZS |
6. |
Loan amount |
10,0 million USD |
7. |
Loan term |
1. 18 months for replenishment of working capital; 2. 36 months for purchasing equipment; |
8. |
Annual interest rate on the loan |
24-25% |
9. |
Grace period |
1. 3 months for replenishment of working capital; 2. 8 months for purchasing equipment; |
10. |
Bank commission |
Not provided |
11. |
Loan issuance form |
Transferring to the seller’s account |
12. |
Borrower’s share in project financing |
At least 25%; |
13. |
List of countries from which equipment is purchased through a loan |
No restrictions |
14. |
Mortgage security requirements |
At least 125% to the ratio of the loan amount; |
15. |
What is the ratio in percentage to the adoption of the collateral security of the purchased equipment and mechanisms? |
Up to 80%; |
16. |
Eligible (Project) regions |
All regions |
17. |
List of required documents for getting a loan |
• Application; • Business plan; • Financial reports for the last reporting date; • Security documents; • Documents on ecology; • Agreement on using loan funds; |
18. |
Others |
Borrowers must comply with the requirements of social protection and the environment. Meet the conditions established by law in relation to health and safety, as well as meet the requirements of the current rules on social protection in the Republic of Uzbekistan. |
Information on credit line for “Development of fruits and vegetables production in the Republic of Uzbekistan” project with participation of the World Bank, JSCB Turon Bank
No. |
Questions |
Conditions |
1. |
Purpose of directing credit line funds |
Financing a wide range of activities related to agriculture: Financing agricultural production (production capacity), greenhouses, Investments in agricultural machinery and equipment for food processing, Investment in storage, packaging, in provision of agricultural services, Cultivation of crops. |
2. |
Minimum and maximum amount for each financed loan |
On investment capital or on leasing financing – does not exceed 2 million USD; For working capital of up to 0.2 million USD (or their equivalent in UZS). |
3. |
Loan term |
On investment capital or on leasing financing – 10 years; For working capital – 1.5 years |
4. |
Annual interest rate on the loan |
In foreign currency – 3%+bank margin in national currency – 4.5%+bank margin |
5. |
Grace period |
On investment capital or on leasing financing – up to 36 months; For working capital – up to 9 months |
6. |
Bank commission |
Not provided |
7. |
Borrower’s share in project financing |
20% |
8. |
List of countries from which equipment is purchased through a loan |
No restrictions |
9. |
Others |
Eligible regions include eight regions of the country: the Republic of Karakalpakstan and Andijan, Jizzakh, Khorezm, Namangan, Kashkadarya, Samarkand, Tashkent, Fergana regions |
Information on credit line for “Development of fruits and vegetables production in the Republic of Uzbekistan” project with participation of the World Bank, JSCB Turon Bank
No. |
Questions |
Conditions |
1. |
Purpose of directing credit line funds |
Financing a wide range of activities related to agriculture: Financing agricultural production (production capacity), greenhouses, Investments in agricultural machinery and equipment for food processing, Investment in storage, packaging, in provision of agricultural services, Cultivation of crops. |
2. |
Minimum and maximum amount for each financed loan |
On investment capital or on leasing financing – does not exceed 2 million USD; For working capital of up to 0.2 million USD (or their equivalent in UZS). |
3. |
Loan term |
On investment capital or on leasing financing – 10 years; For working capital – 1.5 years |
4. |
Annual interest rate on the loan |
In foreign currency – 3%+bank margin in national currency – 4.5%+bank margin |
5. |
Grace period |
On investment capital or on leasing financing – up to 36 months; For working capital – up to 9 months |
6. |
Bank commission |
Not provided |
7. |
Borrower’s share in project financing |
20% |
8. |
List of countries from which equipment is purchased through a loan |
No restrictions |
9. |
Others |
Eligible regions include eight regions of the country: the Republic of Karakalpakstan and Andijan, Jizzakh, Khorezm, Namangan, Kashkadarya, Samarkand, Tashkent, Fergana regions |
Information on conditions for issuing loans to Microcreditbank through the credit line of the International Fund for Agricultural Development (IFAD)
Questions |
Conditions |
Borrower requirements |
Loans are issued for development of dairy sector |
Industry of directing credit line funds |
Development of the value chain in the dairy sector of Uzbekistan |
Purpose of directing credit line funds |
Financing investment projects in dairy sector |
Minimum and maximum amount for each financed loan |
– to farms for purchasing high productive breeding cattle and equipment (portable milking machines, grain mills, other equipment for production of feed, etc.) up to 10,000 USD; – to farmers, for purchasing fodder harvesting machinery (combines and other machinery for collecting and processing feed), specialized transport for transportation of milk and dairy products, cooling tanks, milking equipment, improved cattle breeds, etc. up to 100,000 USD; – to suppliers of means of production and services for creation/modernization of veterinary and zootechnical services as well as preparation of feed and fodder (per sub borrower) for veterinary medicine – up to 10,000 USD and up to 100,000 USD for production of feed and provision of other means) – to processors of dairy products for purchasing and modernization of technological equipment, packaging lines of dairy products of refrigeration chambers, replenishment of working capital, etc. (per sub-borrower, up to 250,000 USD) |
Loan currency |
USD |
Loan amount |
3,3 million USD |
Loan term |
Up to 5 years. |
Annual interest rate on the loan |
5% per annum |
Grace period |
For short-term loans up to 6 months For long-term loans up to 1 year |
Bank commission |
Not provided |
Loan issuance form |
Direct bank transfer to the equipment supplier’s account |
Borrower’s share in project financing |
At least 20% of the project amount |
List of countries from which equipment is purchased through a loan |
No restrictions |
Mortgage security requirements |
Liquid collateral provision, guarantee of a financially sustainable enterprise. |
What is the ratio in percentage to the adoption of the collateral security of the purchased equipment and mechanisms? |
Security deposit should amount at least 125%. Real estate up to 80% of assessed value; Purchased equipment up to 70% of its value. |
Eligible (Project) regions |
Kashkadarya and Jizzakh regions |
List of required documents for getting a loan |
Application, business plan, balance sheet, one of the collateral for repayment of the loan and others according to the requirement of the bank |
Information on credit line of International Bank for Reconstruction and Development JSCB “Qishloq Qurilish Bank”
No. |
Questions |
Conditions |
1. |
Purpose of directing credit line funds |
Creating an intensive garden and a modern greenhouse, growing, processing, packaging, long-term storage and sale of agricultural products |
2. |
Minimum and maximum amount for each financed loan |
For investment projects – 2 000 000,0 USD or in UZS equivalent For replenishment of working capital – 200 000,0 or in UZS equivalent. |
3. |
Loan currency |
USD |
4. |
Loan term |
For long-term loans – 120 months, but not more than the period of full depreciation of financed investments For short-term loans – 18 months |
5. |
Annual interest rate on the loan |
On loans allocated in USD – 5.5% On loans allocated in national currency – 10.0% |
6. |
Grace period |
For long-term loans – not more than 36 months For short-term loans – not more than 9 months |
7. |
Bank commission |
1.0% of the loan amount |
8. |
Borrower’s share in project financing |
At least 15% of the value of the import contract. At least 25% of the project cost |
9. |
List of countries from which equipment is purchased through a loan |
No restrictions |
10. |
Others |
Early Repayment Charge: 3.0% per annum on loans allocated in USD 4.5% per annum on loans allocated in national currency |
Information on the credit line of the International Fund for Agricultural Development and the Spanish Trust Fund for financing food safety projects of JSCB Qishloq Qurilish Bank
No. |
Questions |
Conditions |
1. |
Purpose of directing credit line funds |
Cultivation, processing, packaging, long-term storage and sale of agricultural products |
2. |
Loan term |
72 months, but not more than the period of full depreciation of financed investments |
3. |
Grace period |
Not more than 24 months |
4. |
List of countries from which equipment is purchased through a loan |
No restrictions |
Information on Commerzbank (Germany) credit line of Ipak Yuli Bank
No. |
Questions |
Conditions |
1. |
Purpose of directing credit line funds |
Financing investment projects related to purchasing equipment abroad |
2. |
Minimum and maximum amount for each financed loan |
Up to 1 000 000 USD |
3. |
Annual interest rate on the loan |
Up to 100.000,00 USD – 16% From 100.000,00 up to 300.000,00 USD 15% Working capital acquisition – 18% |
4. |
Grace period |
1 year |
5. |
Bank commission |
Based on the decision of the credit committee |
6. |
Borrower’s share in project financing |
25% |
Information on FMO (Netherlands) credit line of Ipak Yuli Bank
No. |
Questions |
Conditions |
1. |
Purpose of directing credit line funds |
Projects on greenhouse farming, growing, processing, packaging, transportation, storage and sale of agricultural products (fruits, vegetables and grapes) are financed, namely: equipment, machines, other technological solutions, working capital aimed at developing the above areas. (Projects on processing grain crops, beekeeping, poultry farming, animal husbandry, including the purchase of cattle are not funded) |
2. |
Minimum and maximum amount for each financed loan |
Credit amount For purchasing fixed assets up to 500 000 USD Warehouses and refrigeration chambers up to 1 000 000 USD), – for working capital of 50 000 USD. Possible issuance of loans in UZS equivalent. |
3. |
Loan term |
Loan term – for purchasing fixed assets up to 10 years; For purchasing working capital – up to 1.5 years; |
4. |
Annual interest rate on the loan |
Loans in USD – 7%; Loans in UZS – 10%; |
5. |
Grace period |
36 months when buying OS, 9 months for PC |
6. |
Bank commission |
Based on the decision of the Credit Committee |
7. |
Borrower’s share in project financing |
Minimum 10% of project volume |
8. |
List of countries from which equipment is purchased through a loan |
No restrictions |
9. |
Mortgage security requirements |
Location (region) of projects to be financed: Andijan, Bukhara, Kashkadarya, Samarkand, Syrdarya, Jizzakh, Tashkent, Fergana regions. At the same time, enterprises can be registered in administrative centers, but projects must be implemented outside the official administrative centers of the above-listed regions. |
10. |
Others |
Purchased equipment must be manufactured in Germany. |
Information on FMO (Netherlands) credit line of Ipak Yuli Bank
No. |
Questions |
Conditions |
1. |
Purpose of directing credit line funds |
Projects on greenhouse farming, growing, processing, packaging, transportation, storage and sale of agricultural products (fruits, vegetables and grapes) are financed, namely: equipment, machines, other technological solutions, working capital aimed at developing the above areas. (Projects on processing grain crops, beekeeping, poultry farming, animal husbandry, including the purchase of cattle are not funded) |
2. |
Minimum and maximum amount for each financed loan |
Credit amount For purchasing fixed assets up to 500 000 USD Warehouses and refrigeration chambers up to 1 000 000 USD), – for working capital of 50 000 USD. Possible issuance of loans in UZS equivalent. |
3. |
Loan term |
Loan term – for purchasing fixed assets up to 10 years; For purchasing working capital – up to 1.5 years; |
4. |
Annual interest rate on the loan |
Loans in USD – 7%; Loans in UZS – 10%; |
5. |
Grace period |
36 months when buying OS, 9 months for PC |
6. |
Bank commission |
Based on the decision of the Credit Committee |
7. |
Borrower’s share in project financing |
Minimum 10% of project volume |
8. |
List of countries from which equipment is purchased through a loan |
No restrictions |
9. |
Mortgage security requirements |
Location (region) of projects to be financed: Andijan, Bukhara, Kashkadarya, Samarkand, Syrdarya, Jizzakh, Tashkent, Fergana regions. At the same time, enterprises can be registered in administrative centers, but projects must be implemented outside the official administrative centers of the above-listed regions. |
10. |
Others |
Purchased equipment must be manufactured in Germany. |
Information on Commerzbank AG credit line (Germany) of Asaka Bank
No. |
Questions |
Conditions |
1. |
Purpose of directing credit line funds |
Financing purchases of imported equipment and technologies, as well as covering the cost for working capital formation |
2. |
Minimum and maximum amount for each financed loan |
Minimum 500,000 EUR Maximum not more than 85% of the import contract cost. |
3. |
Loan currency |
EUR |
4. |
Annual interest rate on the loan |
EURIBOR + (1.5-2.5% per annum) Foreign Bank Margin + (from 1.5% to 4% per annum) Margin of Asaka Bank (final rate of 8-10% per annum) |
5. |
Grace period |
Up to 12 months |
6. |
Bank commission |
Not provided |
7. |
Borrower’s share in project financing |
Not less than 15% of the import contract cost. At least 25% of the project cost |
8. |
Others |
The borrower must compensate the Lender for payment of the guarantee costs to be paid by the Lender with respect to relevant ECA guarantee. Repayment of the loan – equal semi-annual shares in the currency of the loan. Management fee: 0.75% of the loan amount; |
Information on the credit line “Improving energy efficiency of industrial enterprises with participation of World Bank IDA, Asaka Bank
No. |
Questions |
Conditions |
1. |
Purpose of directing credit line funds |
Financing purchases of imported equipment and technologies, as well as covering the cost for working capital formation |
2. |
Minimum and maximum amount for each financed loan |
282 000.0 USD 3 600 000.0 USD Maximum loan amount for one project can amount to 10.0 million USD (equivalent in USD); |
3. |
Loan currency |
USD |
4. |
Annual interest rate on the loan |
Annual interest rate paid by a client: foreign bank margin (2% per annum) + margin of the Ministry of Finance (LIBOR 6M + 0.25%) + margin of Asaka Bank (2.6% per annum); |
5. |
Grace period |
Grace period on the project is determined depending on the delivery period, installation and commissioning works |
6. |
Bank commission |
Commissions paid by the client for obtaining a loan: commission for obligation at the rate of 0.5% per annum |
7. |
Borrower’s share in project financing |
At least 20% |
8. |
Others |
A loan of Asaka Bank is granted on the following terms: > loan currency – the national currency (in the absence of exports) with further conversion of loan funds to UZS, or USD (for exporting companies); interest rate – 14% per annum for a loan in national currency, 10% per annum – for a loan in USD. |
Name of foreign credit line: Eximbank of Turkey (Republic of Turkey)
No. |
Questions |
Conditions |
1 |
Purpose of sending credit line funds |
Financing the purchase of equipment and technologies, as well as covering the costs of generating working capital. |
2 |
Minimum and maximum amount for each financed loan |
min $ 100.0 thousand |
3 |
Loan currency |
Euro, USD |
4 |
Amount of credit |
min $ 100.0 thousand |
5 |
Credit term |
Up to 7 years |
6 |
Annual interest rate on a loan |
9.5 – 11% |
7 |
Grace period |
Up to 12 month |
8 |
Bank fee |
No |
9 |
The share of the borrower in the financing of projects |
At least 15% of the amount of the import contract; At least 25% of the project cost. |
10 |
The list of countries from which equipment is purchased through credit |
Republic of Turkey |
11 |
Collateral Requirements
|
Minimum 125% of the loan amount |
12 |
What is the ratio in percentage to the adoption of collateral for purchased equipment and mechanisms? |
If the loan term: – up to 18 months: maximum 80% of the amount – from 18 months to 5 years: maximum 75% of the loan amount – from 5 years: maximum 70% of the loan amount |
13 |
Acceptable (Design) Regions |
Throughout the republic |
14 |
List of necessary documents for obtaining a loan |
Application for a loan; Business plan; Import contract; Collateral Documents; Financial statements at the latest reporting date; Other documents at the request of the bank.
|
15 |
Others |
Borrowers must meet social protection and environmental requirements.
To meet the conditions established by law in relation to health and safety, as well as meet the requirements of the current rules in the Republic of Uzbekistan on social protection.
The Borrower shall compensate the Lender for the payment of guarantee costs that will be paid by the Lender in relation to the relevant ECA guarantee and commission of a foreign bank;
Commitment fee – 0.5% per annum of the unused part of the loan
Management fee – 0.2% one-time of the loan amount |
Name of the foreign credit line: AKA Bank (Germany)
No. |
Questions |
Conditions |
1 |
Purpose of sending credit line funds |
Financing the purchase of equipment and technologies, as well as covering the costs of generating working capital. |
2 |
Minimum and maximum amount for each financed loan |
min 500 thousand Euro |
3 |
Loan currency |
Euro, USD |
4 |
Amount of credit |
min 500 thousand Euro |
5 |
Credit term |
Up to 10 years |
6 |
Annual interest rate on a loan |
8 – 10 % |
7 |
Grace period |
Up to 24 month |
8 |
Bank fee |
No |
9 |
The share of the borrower in the financing of projects |
At least 15% of the amount of the import contract; At least 25% of the project cost. |
10 |
The list of countries from which equipment is purchased through credit |
From the countries of the European Union |
11 |
Collateral Requirements
|
Minimum 125% of the loan amount |
12 |
What is the ratio in percentage to the adoption of collateral for purchased equipment and mechanisms? |
If the loan term: – up to 18 months: maximum 80% of the amount – from 18 months to 5 years: maximum 75% of the loan amount – from 5 years: maximum 70% of the loan amount |
13 |
Acceptable (Design) Regions |
Throughout the republic |
14 |
List of necessary documents for obtaining a loan |
Application for a loan; Business plan; Import contract; Collateral Documents; Financial statements at the latest reporting date; Other documents at the request of the bank.
|
15 |
Others |
The borrower must meet the requirements of social protection and the environment.
To meet the conditions established by law in relation to health and safety, as well as meet the requirements of the current rules in the Republic of Uzbekistan on social protection;
The Borrower shall compensate the Lender for the payment of guarantee costs that will be paid by the Lender in relation to the relevant ECA guarantee and commission of a foreign bank;
Commitment fee – 0.3-1% per annum of the unused part of the loan
Management fee – 0.3-1% one-time of the loan amount |
Name of foreign credit line: Eximbank of Korea (Republic of Korea)
No. |
Questions |
Conditions |
1 |
Purpose of sending credit line funds |
Financing the purchase of equipment and technologies, as well as covering the costs of generating working capital. |
2 |
Minimum and maximum amount for each financed loan |
min $ 100.0 thousand |
3 |
Loan currency |
USD |
4 |
Amount of credit |
min $ 100.0 thousand |
5 |
Credit term |
Up to 7 years |
6 |
Annual interest rate on a loan |
10.5 – 11 % |
7 |
Grace period |
Up to 6 month |
8 |
Bank fee |
No |
9 |
The share of the borrower in the financing of projects |
At least 15% of the amount of the import contract; At least 25% of the project cost. |
10 |
The list of countries from which equipment is purchased through credit |
Republic of Korea |
11 |
Collateral Requirements
|
Minimum 125% of the loan amount |
12 |
What is the ratio in percentage to the adoption of collateral for purchased equipment and mechanisms? |
If the loan term: – up to 18 months: maximum 80% of the amount – from 18 months to 5 years: maximum 75% of the loan amount – from 5 years: maximum 70% of the loan amount |
13 |
Acceptable (Design) Regions |
Throughout the republic |
14 |
List of necessary documents for obtaining a loan |
Application for a loan; Business plan; Import contract; Collateral Documents; Financial statements at the latest reporting date; Other documents at the request of the bank.
|
15 |
Others |
The borrower must meet the requirements of social protection and the environment.
To meet the conditions established by law in relation to health and safety, as well as meet the requirements of the current rules in the Republic of Uzbekistan on social protection;
The Borrower shall compensate the Lender for the payment of guarantee costs that will be paid by the Lender in relation to the relevant ECA guarantee and commission of a foreign bank;
Commitment fee – 0.6 % per annum of the unused part of the loan
Management fee – 0.25 % one-time of the loan amount |
Name of foreign credit line: KfW Ipex Bank (Germany)
No. |
Questions |
Conditions |
1 |
Purpose of sending credit line funds |
Financing the purchase of equipment and technologies, as well as covering the costs of generating working capital. |
2 |
Minimum and maximum amount for each financed loan |
min 5.0 mln. Euro |
3 |
Loan currency |
Euro, USD |
4 |
Amount of credit |
min 5.0 mln. Euro |
5 |
Credit term |
Up to 10 years |
6 |
Annual interest rate on a loan |
8 -10 % |
7 |
Grace period |
Up to 24 month |
8 |
Bank fee |
No |
9 |
The share of the borrower in the financing of projects |
At least 15% of the amount of the import contract; At least 25% of the project cost. |
10 |
The list of countries from which equipment is purchased through credit |
From the countries of the European Union |
11 |
Collateral Requirements
|
Minimum 125% of the loan amount |
12 |
What is the ratio in percentage to the adoption of collateral for purchased equipment and mechanisms? |
If the loan term: – up to 18 months: maximum 80% of the amount – from 18 months to 5 years: maximum 75% of the loan amount – from 5 years: maximum 70% of the loan amount |
13 |
Acceptable (Design) Regions |
Throughout the republic |
14 |
List of necessary documents for obtaining a loan |
Application for a loan; Business plan; Import contract; Collateral Documents; Financial statements at the latest reporting date; Other documents at the request of the bank.
|
15 |
Others |
The borrower must meet the requirements of social protection and the environment.
To meet the conditions established by law in relation to health and safety, as well as meet the requirements of the current rules in the Republic of Uzbekistan on social protection;
The Borrower shall compensate the Lender for the payment of guarantee costs that will be paid by the Lender in relation to the relevant ECA guarantee and commission of a foreign bank;
Commitment fee – 0.3-1 % per annum of the unused part of the loan
Management fee – 0.3-1 % one-time of the loan amount |
Name of foreign credit line: ODDO BHF (Germany)
No. |
Questions |
Conditions |
1 |
Purpose of sending credit line funds |
Financing the purchase of equipment and technologies, as well as covering the costs of generating working capital. |
2 |
Minimum and maximum amount for each financed loan |
min 2.0 mln. Euro |
3 |
Loan currency |
Euro, USD |
4 |
Amount of credit |
min 2.0 mln. Euro |
5 |
Credit term |
Up to 10 years |
6 |
Annual interest rate on a loan |
8 -10 % |
7 |
Grace period |
Up to 24 month |
8 |
Bank fee |
No |
9 |
The share of the borrower in the financing of projects |
At least 15% of the amount of the import contract; At least 25% of the project cost. |
10 |
The list of countries from which equipment is purchased through credit |
From the countries of the European Union |
11 |
Collateral Requirements
|
Minimum 125% of the loan amount |
12 |
What is the ratio in percentage to the adoption of collateral for purchased equipment and mechanisms? |
If the loan term: – up to 18 months: maximum 80% of the amount – from 18 months to 5 years: maximum 75% of the loan amount – from 5 years: maximum 70% of the loan amount |
13 |
Acceptable (Design) Regions |
Throughout the republic |
14 |
List of necessary documents for obtaining a loan |
Application for a loan; Business plan; Import contract; Collateral Documents; Financial statements at the latest reporting date; Other documents at the request of the bank.
|
15 |
Others |
The borrower must meet the requirements of social protection and the environment.
To meet the conditions established by law in relation to health and safety, as well as meet the requirements of the current rules in the Republic of Uzbekistan on social protection;
The Borrower shall compensate the Lender for the payment of guarantee costs that will be paid by the Lender in relation to the relevant ECA guarantee and commission of a foreign bank;
Commitment fee – 0.3-1 % per annum of the unused part of the loan
Management fee – 0.3-1 % one-time of the loan amount |
Name of foreign credit line: Landesbank Berlin AG (Germany)
No. |
Questions |
Conditions |
1 |
Purpose of sending credit line funds |
Financing the purchase of equipment and technologies, as well as covering the costs of generating working capital. |
2 |
Minimum and maximum amount for each financed loan |
Min. 250 thousands Euro |
3 |
Loan currency |
Euro, USD |
4 |
Amount of credit |
Min. 250 thousands Euro |
5 |
Credit term |
Up to 10 years |
6 |
Annual interest rate on a loan |
8 -10 % |
7 |
Grace period |
Up to 24 month |
8 |
Bank fee |
No |
9 |
The share of the borrower in the financing of projects |
At least 15% of the amount of the import contract; At least 25% of the project cost. |
10 |
The list of countries from which equipment is purchased through credit |
Germany |
11 |
Collateral Requirements
|
Minimum 125% of the loan amount |
12 |
What is the ratio in percentage to the adoption of collateral for purchased equipment and mechanisms? |
If the loan term: – up to 18 months: maximum 80% of the amount – from 18 months to 5 years: maximum 75% of the loan amount – from 5 years: maximum 70% of the loan amount |
13 |
Acceptable (Design) Regions |
Throughout the republic |
14 |
List of necessary documents for obtaining a loan |
Application for a loan; Business plan; Import contract; Collateral Documents; Financial statements at the latest reporting date; Other documents at the request of the bank.
|
15 |
Others |
The borrower must meet the requirements of social protection and the environment.
To meet the conditions established by law in relation to health and safety, as well as meet the requirements of the current rules in the Republic of Uzbekistan on social protection;
The Borrower shall compensate the Lender for the payment of guarantee costs that will be paid by the Lender in relation to the relevant ECA guarantee and commission of a foreign bank; |
Name of foreign credit line: Credit Swiss(Switzerland)
No. |
Questions |
Conditions |
1 |
Purpose of sending credit line funds |
Financing the purchase of equipment and technologies, as well as covering the costs of generating working capital. |
2 |
Minimum and maximum amount for each financed loan |
Min. 10,0 mln Euro |
3 |
Loan currency |
Euro, USD |
4 |
Amount of credit |
Min. 10,0 mln Euro |
5 |
Credit term |
Up to 10 years |
6 |
Annual interest rate on a loan |
8 -10 % |
7 |
Grace period |
Up to 24 month |
8 |
Bank fee |
No |
9 |
Loan Form |
Transfer to the account of the Exporter |
10 |
The share of the borrower in the financing of projects |
At least 15% of the amount of the import contract; At least 25% of the project cost. |
10 |
The list of countries from which equipment is purchased through credit |
From the countries of the European Union |
11 |
Collateral Requirements
|
Minimum 125% of the loan amount |
12 |
What is the ratio in percentage to the adoption of collateral for purchased equipment and mechanisms? |
If the loan term: – up to 18 months: maximum 80% of the amount – from 18 months to 5 years: maximum 75% of the loan amount – from 5 years: maximum 70% of the loan amount |
13 |
Acceptable (Design) Regions |
Throughout the republic |
14 |
List of necessary documents for obtaining a loan |
Application for a loan; Business plan; Import contract; Collateral Documents; Financial statements at the latest reporting date; Other documents at the request of the bank.
|
15 |
Others |
The borrower must meet the requirements of social protection and the environment.
To meet the conditions established by law in relation to health and safety, as well as meet the requirements of the current rules in the Republic of Uzbekistan on social protection;
The Borrower shall compensate the Lender for the payment of guarantee costs that will be paid by the Lender in relation to the relevant ECA guarantee and commission of a foreign bank; |
Credit line: International Fund for Agricultural Development (IFAD-2000000714)
No. |
Questions |
Conditions |
1 |
Requirement for borrowers |
Subjects of small business (for customers of Halk Banki) |
2 |
Industry for credit line funds |
Credit line for dekhkans and farmers, private suppliers of capital goods and services, dairy processors |
3 |
Purpose of sending credit line funds |
Projects are focused on creating added value in the dairy sector. In particular:
1-component – to dekhkan farms – for the purchase of pedigree cows and equipment (mobile milking equipment, grain mill, processing equipment / feed production and others); 2-component – to farms – for the purchase of fodder harvesting equipment (combines and other equipment, as well as feed processing equipment), machinery for the transportation of dairy products, cooling equipment, milking equipment and others; 3-component – to service and delivery enterprises – for the organization of livestock and veterinary services, as well as their modernization, procurement of equipment for the production of feed and other equipment; 4-component – to dairy processing enterprises – for the purchase of technological equipment and modernization, packaging equipment, cooling equipment, cooling chambers, machinery for the transportation of dairy products and replenishment of working capital. |
4 |
Minimum and maximum amount for each financed loan |
1-component – up to10 000 USD 2-component – up to 100 000 USD 3- component – up to 100 000 USD 4-component – up to 250 000 USD |
5 |
Loan currency |
In US Dollars |
6 |
Amount of credit |
Within the undeveloped limit of the corresponding component of the credit line |
7 |
Credit term |
Depending on the purpose and self-sufficiency of the project – up to 5 years |
8 |
Annual interest rate on a loan |
According to the conditions of the credit line 5.5% per annum |
9 |
Grace period |
up to 1 year (based on the feasibility study of the project) |
10 |
Bank fee |
Based on the conditions of the credit line |
11 |
Loan form |
By bank transfer of funds to the supplier’s account in accordance with the terms of the supply agreement |
12 |
The share of the borrower in the financing of projects |
At least 30% of the project cost. |
13 |
The list of countries from which equipment is purchased through credit |
Unlimited |
14 |
Collateral Requirements
|
Liquid collateral of an eligible bank with a collateral value of at least 125% of the loan amount |
15 |
What is the ratio in percentage to the adoption of collateral for purchased equipment and mechanisms? |
up to 80 percent of the amount of purchased equipment and mechanisms |
16 |
Acceptable (Design) Regions |
Kashkadarya and Jizzakh region |
17 |
List of necessary documents for obtaining a loan |
– Application for a loan;
– Accounting statements of the borrower (guarantor, guarantor) as of the last reporting date;
– Feasibility study of the project payback;
– Permitting decisions / minutes of meetings of the founders of the borrower (pledger, guarantor, guarantor) to obtain a loan or provide security;
– contract for the supply of goods purchased on credit;
– contracts / protocols of intent for the sale of products under the project;
– relevant document on the proposed loan security.
* This list is not final and, based on the specifics of the project, if necessary, the bank reserves the right to request additional documents |
18 |
Others |
Repayment of the loan and interest on it is carried out by the borrower once every six months – on June 1 and December 1 of each year. |
Credit line: International Bank for Reconstruction and Development
(IBRD-8824 UZ)
No. |
Questions |
Conditions |
1 |
Requirement for borrowers |
Business entities (for customers of Halk Banki) |
2 |
Industry for credit line funds |
Horticulture sector development |
3 |
Purpose of sending credit line funds |
Horticulture Development Projects. |
4 |
Minimum and maximum amount for each financed loan |
For organizations of fruit and vegetable clusters up to 4,000,000 US dollars
for investment projects up to 2,000,000 US dollars;
to replenish working capital up to 200,000 US dollars; |
5 |
Loan currency |
In US Dollars |
6 |
Amount of credit |
Within the undeveloped limit on the line |
7 |
Credit term |
Depending on the terms of self-sufficiency:
for investment projects – up to 10 years;
for replenishment of cash funds – up to 18 months |
8 |
Annual interest rate on a loan |
According to the terms of the credit line, floating interest rate (6 month Libor + variable spread + 3% annual) |
9 |
Grace period |
From 6 month up to 3 year (based on the feasibility study of the project) |
10 |
Bank fee |
Based on the conditions of the credit line |
11 |
Loan form |
By bank transfer of funds to the supplier’s account in accordance with the terms of the supply agreement |
12 |
The share of the borrower in the financing of projects |
At least 30% of the project cost. |
13 |
The list of countries from which equipment is purchased through credit |
Unlimited |
14 |
Collateral Requirements
|
Liquid collateral of an eligible bank with a collateral value of at least 125% of the loan amount |
15 |
What is the ratio in percentage to the adoption of collateral for purchased equipment and mechanisms? |
up to 80 percent of the amount of the purchased line |
16 |
Acceptable (Design) Regions |
All regions of the Republic of Uzbekistan |
17 |
List of necessary documents for obtaining a loan |
– Application for a loan;
– Accounting statements of the borrower (warrantor, guarantor) as of the last reporting date;
– Feasibility study of the project payback;
– Permitting decisions / minutes of meetings of the founders of the borrower (pledger, warrantor, guarantor) to obtain a loan or provide security;
– contract for the supply of goods purchased on credit;
– contracts / protocols of intent for the sale of products under the project;
– relevant document on the proposed loan security.
* This list is not final and, based on the specifics of the project, if necessary, the bank reserves the right to request additional documents |
18 |
Others |
Repayment of the loan and interest on it is carried out by the borrower once every six months – on March 1 and September 1 of each year. |
100060, Uzbekistan, Tashkent, street Taras Shevchenko, 34
+998 (71) 202-02-10
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