Long-term Credits are granted for investments and development of large, small and medium enterprises: purchase or construction (reconstruction) of immovable property, purchase of equipment, machinery and technologies, construction of residential multi-apartment and individual houses by building companies and housing building partnerships.
Long-term Credits are granted with maturity from 1 to 10 years.
Credits are granted with variable or fixed interest rate.
The interest of the issued credit shall be calculated on the drawn and outstanding credit balance and subject to monthly payment.
Credit securities:
- Pledge on property:
- money deposits placed with the Bank in the same currency as the credit.
- RoL Government securities (in the same currency as the credit) which are recorded by the Investment Banking Department in the Bank's procedure;
- dwelling houses with outside facilities and land plots;
- apartments;
- other immovable property with land plots;
- agricultural land;
- movable property (equipment, devices, farming machinery, vehicles, raw materials, inventories, output, goods in a warehouse, etc.).
- Guarantee by the Bank, institution or organisation.
