Asia alliance bank

№

Questions

Conditions

1

Borrower Requirement

Private enterprise, farm or dehkan farm, agricultural enterprise engaged in or planning to engage in acceptable business activities in an acceptable locality, duly registered in accordance with the laws of the Republic of Uzbekistan.

2

Line of credit line funds

Livestock

3

Purpose of sending credit line funds

Improving livestock productivity and agribusiness competitiveness, access to new technologies, equipment modernization in the livestock sector of the Republic of Uzbekistan, including:

(i)                 cattle and small cattle development, horse breeding, camel breeding, goat breeding, pig breeding and rabbit breeding; poultry farming (eggs and broilers); fish farming; beekeeping; sericulture;

(ii)                processing, packaging, cooling and storage of livestock products;

(iii)             the production of feed (through the processing of agricultural products), as well as the purchase of finished feed;

(iv)             veterinary and other services, including artificial insemination, specialized equipment for animal breeding, vaccination, animal identification;

(v)               investments in renewable energy and energy efficiency related to the livestock sector;

(vi)             other activities related to the development of the value chain in the livestock sector.

Agricultural resources, such as seeds and fertilizers, as well as processing raw materials, the provision of agricultural services, supplies and other items necessary for the production and processing of livestock products, will be eligible for working capital financing.

4

Minimum and maximum amount for each financed loan

The maximum aggregate amount of all loans (credit limit) from the credit line allocated to one borrower must not exceed the equivalent of US $ 2,000,000.

The amount of the loan for working capital allocated from the facilities of the Credit Line must not exceed the amount equivalent to USD 150,000; projects for financing the value chain will have a maximum loan amount of USD 2,000,000.

5

Loan currency

U.S. dollar

6

Credit line amount

$ 10,000,000.00

7

Credit term

The schedule for repayment of loans allocated under the Credit line will be based on the type of investment made and projected cash flows, and may include a grace period, if and when needed, on confirmed conditions.

(i) In the case of investment loans, the repayment period shall not have a maximum term of 10 years. The grace period should not exceed a maximum period of 3 years.

(ii) In the case of loans for working capital, the repayment period of the loan should not exceed 18 months, and the grace period should not exceed 9 months.

8

Annual interest rate on a loan

4.3% per annum (IDA margin) + Bank margin (set individually for each project);

9

Grace period

(i) In the case of investment loans, the grace period shall not exceed a maximum period of 3 years;

(ii) In the case of loans for working capital, the grace period shall not exceed 9 months.

10

Commission of the bank

Commission for undeveloped part of the loan – 4.3% per annum

11

Loan issuance form

12

The share of the borrower in the financing of projects

not less than 20% of the total cost of the project

13

The list of countries from which equipment is purchased through credit

Any, as agreed with IDA

14

Collateral Requirement

The amount of collateral must be at least 125% of the loan amount

15

What is the ratio in percentage to the adoption of collateral and purchased equipment and mechanisms

16

Acceptable (project) regions

Project regions include the Republic of Karakalpakstan, Andijan, Bukhara, Jizzakh, Kashkadarya, Khorezm, Namangan, Navoi, Samarkand, Surkhandarya, Syr Darya, Tashkent and Ferghana regions.

17

The list of necessary documents for obtaining a loan

Attached

18

Other

№

Questions

Conditions

1

Borrower Requirement

Private enterprise, farm or dehkan farm, agricultural enterprise engaged in or planning to engage in acceptable business activities in an acceptable locality, duly registered in accordance with the laws of the Republic of Uzbekistan.

2

Line of credit line funds

Horticulture

3

Purpose of sending credit line funds

The credit line supports the expansion of access to financial services for farmers and agricultural enterprises engaged in the horticulture sector of Uzbekistan in order to provide them with the opportunity to attract investment to increase productivity and competitiveness.  Loans will be available for various activities related to horticulture and the cultivation of other plant crops (the list is not complete): the production of fruits and vegetables, the creation of greenhouses, attracting investments for the purchase of agricultural machinery, processing equipment, refrigeration equipment, equipment for freezing, packaging and others medium-term and long-term investments, including the production / processing of licorice, saffron, caviar, capers and others.   

4

Minimum and maximum amount for each financed loan

The maximum total amount of all loans (credit limit) from the credit line allocated to one borrower must not exceed the equivalent of $ 2,000,000 or $ 4,000,000 in cases of financing the entire value chain (production, processing, trade / export ) The amount of the loan for working capital allocated from the funds of the Credit line must not exceed the amount equivalent to 200,000 US dollars.   

5

Loan currency

U.S. dollar

6

Credit line amount

$ 10,000,000.00

7

Credit term

The schedule for repayment of loans allocated under the Credit line will be based on the type of investment made and projected cash flows, and may include a grace period, if and when needed, on confirmed conditions.

(i) In the case of investment loans, the repayment period shall not have a maximum term of 10 years. The grace period should not exceed a maximum period of 3 years.

(ii) In the case of loans for working capital, the repayment period of the loan should not exceed 18 months, and the grace period should not exceed 9 months.

8

Annual interest rate on a loan

6 months LIBOR fixed by the IBRD + variable spread of the IBRD + margin of the Republic of Uzbekistan in the amount of 0.2% + Bank margin, set individually for each project

9

Grace period

(i) In the case of investment loans, the grace period shall not exceed a maximum period of 3 years;

(ii) In the case of loans for working capital, the grace period shall not exceed 9 months.

10

Commission of the bank

One-time commission – 0.25% of the loan amount; commission for the undeveloped part of the loan – 6 months. LIBOR fixed by IBRD + variable spread IBRD + margin of the Republic of Uzbekistan in the amount of 0.2%

11

Loan issuance form

12

The share of the borrower in the financing of projects

not less than 20% of the total cost of the project

13

The list of countries from which equipment is purchased through credit

Any, as agreed with IDA

14

Collateral Requirement

The amount of collateral must be at least 125% of the loan amount

15

What is the ratio in percentage to the adoption of collateral and purchased equipment and mechanisms

16

Acceptable (project) regions

Acceptable regions include 12 regions, the Republic of Karakalpakstan and the city of Tashkent

17

The list of necessary documents for obtaining a loan

Attached

18

Other

№

Questions

Conditions

1

Borrower Requirement

Industrial enterprises

2

Line of credit line funds

Improving the energy efficiency of industrial enterprises

3

Purpose of sending credit line funds

  Energy-saving subprojects to be financed by the World Bank credit line include investments in: (a) energy systems (for example, modernization of boilers and switch to the use of other fuels, integrated generation of electric and thermal energy); (b) production technologies (for example, the modernization and replacement of machinery, machinery and expansion of production facilities); (c) systems for the generation and use of heat waste (for example, waste heat recovery and burning of combustible waste). This type of subproject has a limited negative impact on the environment and social sphere and provides environmental benefits (reducing local pollution such as dust and sulfur dioxide, or reducing greenhouse gas emissions such as carbon dioxide).

4

Minimum and maximum amount for each financed loan

A loan issued to any individual borrower should not exceed $ 10 million in equivalent, or $ 30 million in equivalent – to a group of related borrowers, unless otherwise agreed with the World Bank

5

Loan currency

U.S. dollar

6

Credit line amount

$ 12,000,000.00

7

Credit term

For 10 years

8

Annual interest rate on a loan

6 months LIBOR fixed by the IBRD + variable spread of the IBRD + margin of the Republic of Uzbekistan in the amount of 0.2% + Bank margin, set individually for each project

9

Grace period

 3 years

10

Commission of the bank

One-time commission – 0.25% of the loan amount; commission for the undeveloped part of the loan – 6 months. LIBOR fixed by IBRD + variable spread IBRD + margin of the Republic of Uzbekistan in the amount of 0.2%

11

Loan issuance form

12

The share of the borrower in the financing of projects

not less than 20% of the total cost of the project

13

The list of countries from which equipment is purchased through credit

Any, as agreed with IBRD

14

Collateral Requirement

The amount of collateral must be at least 125% of the loan amount

15

What is the ratio in percentage to the adoption of collateral and purchased equipment and mechanisms

16

Acceptable (project) regions

Acceptable regions include 12 regions, the Republic of Karakalpakstan and the city of Tashkent

17

The list of necessary documents for obtaining a loan

Attached

18

Other

№

Questions

Conditions

1

Borrower Requirement

An enterprise engaged in acceptable business activities duly registered in accordance with the laws of the Republic of Uzbekistan

2

Line of credit line funds

Any, as agreed with AKA BANK

3

Purpose of sending credit line funds

  Financing investment projects of small businesses and private entrepreneurship for the acquisition of equipment and technologies from Germany and other countries of the European Union and the European Free Trade Association in agreement with AKA BANK

4

Minimum and maximum amount for each financed loan

from 500,000.00 euros or 1,000,000.00 US dollars

5

Loan currency

U.S. dollar

6

Credit line amount

___

7

Credit term

For 10 years

8

Annual interest rate on a loan

For a loan in euros:

6-month Euribor + AKA BANK margin * + Asia Alliance Bank margin

For a loan in US dollars:

6-month Libor + AKA BANK margin* + Asia Alliance Bank margin

*AKA BANK margin and Asia Alliance Bank margin are determined individually for each project

9

Grace period

 Individually for each project, 1-1.5 years

10

Commission AKA BANK and EKA

Commission of AKA BANK and ECA:

– Fee for consideration (one-time): Individually for each project (approximately 0.4%, but not less than EUR 20,000.00);

– Fee for obligations (annual): Individually for each project (approximately 0.375%)

– Insurance premium of the export credit agency (ECA): Individually for each project (approximately 10% of the loan amount)

11

Loan issuance form

12

The share of the borrower in the financing of projects

not less than 20% of the total cost of the project

13

The list of countries from which equipment is purchased through credit

Germany and other countries of the European Union and the European Free Trade Association as agreed with AKA BANK

14

Collateral Requirement

The amount of collateral must be at least 125% of the loan amount

15

What is the ratio in percentage to the adoption of collateral and purchased equipment and mechanisms

16

Acceptable (project) regions

Any

17

The list of necessary documents for obtaining a loan

Attached

18

Other

№

Questions

Conditions

1

Borrower Requirement

An enterprise engaged in acceptable business activities duly registered in accordance with the laws of the Republic of Uzbekistan

2

Line of credit line funds

Any, as agreed with LBBW

3

Purpose of sending credit line funds

  Financing investment projects of small businesses and private entrepreneurship for the acquisition of equipment and technologies from Germany and other countries of the European Union and the European Free Trade Association in agreement with LBBW

4

Minimum and maximum amount for each financed loan

from 1,000,000.00 euros or 1,000,000.00 US dollars

5

Loan currency

U.S. dollar

6

Credit line amount

___

7

Credit term

For 10 years

8

Annual interest rate on a loan

For a loan in euros:

6-month Euribor + LBBW margin * + Asia Alliance Bank margin

For a loan in US dollars:

6-month Libor + LBBW margin* + Asia Alliance Bank margin

*LBBW margin and Asia Alliance Bank margin are determined individually for each project

9

Grace period

 Individually for each project, 1-1.5 years

10

Commission AKA BANK and EKA

Commission of LBBW and ECA:

– Fee for consideration (one-time): Individually for each project (approximately 0.4%, but not less than EUR 20,000.00);

– Fee for obligations (annual): Individually for each project (approximately 0.375%)

– Insurance premium of the export credit agency (ECA): Individually for each project (approximately 10% of the loan amount)

11

Loan issuance form

12

The share of the borrower in the financing of projects

not less than 20% of the total cost of the project

13

The list of countries from which equipment is purchased through credit

Germany and other countries of the European Union and the European Free Trade Association as agreed with LBBW

14

Collateral Requirement

The amount of collateral must be at least 125% of the loan amount

15

What is the ratio in percentage to the adoption of collateral and purchased equipment and mechanisms

16

Acceptable (project) regions

Any

17

The list of necessary documents for obtaining a loan

Attached

18

Other

№

Questions

Conditions

1

Borrower Requirement

An enterprise engaged in acceptable business activities duly registered in accordance with the laws of the Republic of Uzbekistan

2

Line of credit line funds

Any, as agreed with COMMERZBANK AG

3

Purpose of sending credit line funds

  Financing investment projects of small businesses and private entrepreneurship for the acquisition of equipment and technologies from Germany and other countries of the European Union and the European Free Trade Association in agreement with COMMERZBANK AG

4

Minimum and maximum amount for each financed loan

from 500,000.00 euros or 500,000.00 US dollars

5

Loan currency

U.S. dollar

6

Credit line amount

___

7

Credit term

For 10 years

8

Annual interest rate on a loan

For a loan in euros:

6-month Euribor + COMMERZBANK AG  margin * + Asia Alliance Bank margin

For a loan in US dollars:

6-month Libor + COMMERZBANK AG margin* + Asia Alliance Bank margin

*COMMERZBANK AG margin and Asia Alliance Bank margin are determined individually for each project

9

Grace period

 Individually for each project, 1-1.5 years

10

Commission AKA BANK and EKA

Commission of LBBW and ECA:

– Fee for consideration (one-time): Individually for each project (approximately 0.4%, but not less than EUR 20,000.00);

– Fee for obligations (annual): Individually for each project (approximately 0.375%)

– Insurance premium of the export credit agency (ECA): Individually for each project (approximately 10% of the loan amount)

11

Loan issuance form

12

The share of the borrower in the financing of projects

not less than 20% of the total cost of the project

13

The list of countries from which equipment is purchased through credit

Germany and other countries of the European Union and the European Free Trade Association as agreed with LBBW

14

Collateral Requirement

The amount of collateral must be at least 125% of the loan amount

15

What is the ratio in percentage to the adoption of collateral and purchased equipment and mechanisms

16

Acceptable (project) regions

Any

17

The list of necessary documents for obtaining a loan

Attached

18

Other