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Home > Operations > With companies > Long-term financing > Long-term loans out of the Bank's funds > Long-term purpose loans

Long-term purpose loans

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Long-term purpose loans are granted on terms totaling  more than one year, for various funding investments, purchase of machinery, buying or constructing on a lot of land or building business premises and other.
Repayment terms can not be longer than the economic duration of  investment, whereby the longest one may amount to 15 years.

The calculation and collection of interest  is carried out every: one, three or six months, and the interest rate can, depending on the quality of security instruments, a customer's creditworthiness,  his  contribution to the Bank's potential, as well as the terms of his settling payables due, range from 4,99% do 10,99%.

The interest rate for long-term purpose loans is changeable pursuant to Bank's Decision on Interest Rates.

The smallest and the biggest loan amounts are not limited.


 
  Long-term purpose loans  
Loans for financial restructuring
Loans for the purchase of property, receivables and equity holdings owned by the bank
Loans for the construction of flats for the market and for repairing parts of residential buildings and installations owned collectively
Loans for the purchase of shares or equity holdings own by the bank on which it does not realize dividends
 
  Documentation for legal entities  
Documentation for artisans
Loan security instruments
 
Applicable as of: 17.5.2012.
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last edited 04-8-2008.
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