Short-term Credits means credits issued to corporate customers for additional working capital with up to 1 year’s maturity.
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.).
- Indemnity by a private person or enterprise, institution or organisation.
- Guarantee by the Bank, institution or organisation;
