According to small business financing programm, Ipoteka-bank presents for your attention a wide range of loans for business.
Bank's product line allows to solve any tasks related to develop the business and ensuring its competitiveness.
When making a decision to grant a loan, Ipoteka-Bank is based on information about the real state of the business of a potential borrower. The main focus is on the development prospects of the business proposed for financing, rather than on formal indicators.
An individual approach to each customer allows Ipoteka Bank to offer loans to small businesses on the most favorable terms for customers. The interest rate for the use of credit funds is set based on the market conditions and the financial condition of the borrower. Interest is charged on the balance of the outstanding loan, which allows clients to avoid additional costs.
Loans under the J-USBP Japanese-Uzbek Small Business Support Program are provided to residents of the Republic of Uzbekistan who are legal entities or unincorporated entrepreneurs engaged in entrepreneurial activities in the Republic of Uzbekistan.
Lending under this program has a number of advantages:
- the minimum number of documents when applying for a loan;
- fast loan processing.
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Product name |
Modular loan allocated under the "J-USBP" program |
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Loan purpose |
To purchase fixed assets and replenish working capital |
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Currency |
In national currency |
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Annual interest rate |
Annual interest rate for replenishment of working capital* and purchase of fixed assets is 29% |
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Loan period |
Up to 36 months for the purchase of fixed assets and replenishment of working capital through a closed credit line |
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Funding |
The bank’s own funds and from attracted funds |
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Allocation form |
In cash and by money transfer |
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Maximum amount |
Based on the limit set for the branch (up to 1.0 billion UZS in cash for individual entrepreneurs) |
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Repayment procedure |
A grace period based on the project up to 3 months for replenishment of working capital, up to 6 months for purchase of fixed assets. Interest payment - monthly, principal payment - after the end of the grace period is divided into amounts distributed over the remaining term of the loan. (seasonal projects may be considered separately) The loan repayment schedule is calculated as an annuity or a decreasing method according to the client's wishes. |
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Collateral |
Pledge of property specified in the Bank's current Loan Policy and Lending Regulations. Third party guarantees may be accepted as additional security |
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Additional terms |
- In order to encourage clients with a good loan history, the annual interest rate on the loan can be reduced by 1% for the next 3rd loan, provided that the loan is taken at least 2 times under the program and the returned on time. (This condition may be applied to the Auto loan product); - This loan product is not financed to industries with specific characteristics (construction, greenhouse, fishery, agriculture, horticulture and other specific); - It is not allowed to use compensations from the state fund for the support of business activities; - Mid-corporate segment can also utilize this product |
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Lending and documentation process |
Carried out on the basis of the Bank's current Loan Policy and Lending Regulations |
*Naqd pulda 1 foiz naqd pulni qayta sanash komissiyasi undiriladi;
**Xorijiy valyutada faqatgina yakka tartibdagi tadbirkorlar uchun.
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Product name |
Portfolio loan |
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Loan purpose |
For replenishment of working capital and purchase of fixed assets, as well as leasing, factoring, trade financing, bank guarantee and other loan services |
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Maximum loan amount |
Determined based on the client’s project |
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Currency |
In national and foreign currency |
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Annual interest rate |
Interest - Leasing, factoring, trade financing, bank guarantee and other loan services are carried out on the basis of interest in the catalog of loan products and passport |
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Covering the cost of resource attraction |
Not charged. (For trade financing, based on the terms of the contract, the commissions specified in the condition of the line are charged) |
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Funding |
The bank own funds andfrom the funds raised |
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Lending type |
Closed and open credit line |
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Term |
Terms - Leasing, factoring, trade financing, bank guarantee and other credit services are carried out on the basis of the conditions in the catalog of loan products and passport |
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Allocation form |
Money transfer |
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Repayment procedure |
Preferential period - Leasing, factoring, trade financing, bank guarantee and other credit services are carried out on the basis of the conditions in the catalog of loan products and passport |
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Collateral |
On the basis of collateral of liquid assets |
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Lending and documentation process |
Carried out on the basis of the Bank's current Loan Policy and Lending Regulations |
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Additional terms |
- It is carried out by providing loan services to financially stable clients with constant cash flow; - This type of loan is allocated to business entities who have opened a main account number in our bank; - All loan services (leasing, factoring, trade financing, bank guarantee and other loan services) may be specified in the general agreement; - Within each line, a separate loan agreement is signed with the client; - To replenish working capital under the line, loan is allocated through several short-term loan accounts. After the client has used the loan funds allocated under the initial contract for at least 3 months, the next contract is signed and the loan is issued (there is no requirement to fully repay the loan funds allocated under the initial contract). The amount of the additional loan agreement will be based on the part of the loan allocated under the previous agreement. The total amount and term of banking products offered to the client within the line must not exceed the amount and term of the main agreement. - The loan percentage and source of the next (following) loan agreements are determined based on the Loan Products catalog and passport valid at the time of the conclusion of the loan agreement, which should be reflected in the General Agreement. |
*Lizing, faktoring, savdoni moliyalashtirish, bank kafolati va boshqa kredit xizmatlari kredit mahsulotlari katalogi hamda pasportidagi shartlar asosida amalga oshiriladi.
**Savdoni moliyalashtirishda shartnoma shartlaridan kelib chiqib, liniya shartida belgilangan komissiyalar undiriladi
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Product name |
A loan for the construction industry |
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Client |
Legal entities |
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Loan purpose |
- Housing, construction or reconstruction of multi-apartment buildings and replenishment of working capital according to Decree № PR-51; - № 46 of the Cabinet of Ministers dated January 31, 2022to the decision mainly to replenish working capital for the participation of construction organizations in tenders carried out by state customers (organizations that have received a transparent construction rating) |
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Maximum loan amount |
Determined based on the client’s project. (For construction organizations to participate in the tender - to provide a tender offer of no more than 2 percent of the initial price of the object) |
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Currency |
In national currency |
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Annual interest rate |
- Housing, construction or reconstruction of multi-apartment houses27 percent per annum for; - Based on the decree of the President of the Republic of Uzbekistan № PD-51 dated April 13, 2023, at the main rate of the Central Bank for replenishment of working capital; - 27% for construction organizations to participate in the tender |
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Funding |
The bank’s own funds, attracted funds, and funds from the budget of the Republic of Uzbekistan in accordance with Decree № PR-51 |
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Term |
- Housing, construction or reconstruction of multi-apartment houses in common order up to 24 months; - Up to 18 months to replenish working capital according to Decree № PR-51; - Up to 12 months* based on the general agreement for construction organizations to participate in the tender (the term of all loan accounts allocated to one customer under this product must not exceed the term of the general agreement) |
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Lending type |
Closed |
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Allocation form |
Money transfer. (For construction organizations to participate in the tender - by transfer to the account number of the Platform operator (customer organization)) |
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Repayment procedure |
- Grace period can be set based on the construction period up to 18 months for housing, construction or reconstruction of multi-apartment houses. Interest payment - monthly, the principal payment is divided into amounts equal to the remaining term of the loan after the payment deadline; - The grace period for loans granted under Decree № PR-51 can be set up to 12 months. Interest payment - monthly, principal payment - after the due date, it is divided into equally distributed amounts over the remaining term of the loan; - In order for construction organizations to participate in the tender - interest payment - monthly, principal loan payment - after the tender is completed and the winner is determined, it is required to repay the loan account at the expense of the funds returned from the electronic tender trading platform. The repayment of the principal debt is carried out as follows: Dt - ...... "electronic tender trading platform account" Ct – ...... “initiative loan account” |
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Collateral |
Types of security specified in the Bank's current Loan Policy and Lending Regulations |
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Additional terms |
Housing, construction or reconstruction of multi-apartment houses in cases where it is provided for compensation for interest expenses on loans, starting from March 1, 2024, loans in national currency by JSC "Entrepreneurship Development Company" at a rate not exceeding 1.75 times the annual Central Bank base rate It will be implemented in accordance with the requirements of Decree № PR-193 from November 10, 2023 |
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Lending and documentation process |
It is implemented on the basis of the current Loan Policy and Lending Regulations of the Bank and the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan № 46 dated January 31, 2022 "On measures to improve the procedure for the organization and implementation of electronic state procurement in the field of construction" |
Preferential loans based on state programs
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Product name |
Preferential loans based on state programs: - Financing of business projects in the regions; - Development of the service sector; - Development of the tourism sector; - 20 thousand entrepreneurs - 500 thousand qualified specialists; - Green; - A leading entrepreneur attached to difficult neighborhoods; - Development of entrepreneurship in the Republic of Karakalpakstan; - Young entrepreneur |
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Client |
- Business entities included in the address list within the program based on the decision № PD-212 and № PD-232; - Business entities on the list formed by the Ministry of Tourism and Cultural Heritage based on Statement № 68; - Based on decisions № PD-5113 and № PD-4752, business entities included in the address list within the program - Legal entities that signed a "cooperation agreement" under the "20 thousand entrepreneurs - 500 thousand qualified specialists" program in accordance with Decree № PF-93; - Pursuant to decision PD-57 (Green) business entities; - A "leading" business entity that has received a positive conclusion (recommendation) from the Family Business Support Center based on decisions № PD-5214 and № CM-504, and is assigned to "heavy" neighborhoods based on neighborhood and house-to-house work; - Under the Decree № PR-213 (in the Republic of Karakalpakstan) business entities included in the address list within the program; - Pursuant to decisions PD-5088, PD-400 (supporting youth entrepreneurship in Surkhandarya region) and CM-294, those who are eighteen years old and not older than thirty and who wish to implement an investment project in the field of industry or service as a legal entity or as founders young business entity |
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Loan purpose |
- Pursuant to decisions № PD-5113 and № PD-4752, purchase and formation of fixed assets (including reconstruction of buildings and structures, capital repairs); - for production and service according to the decision № PD-212*; - for the implementation of projects in the field of tourism based on the decision № PD-232; - According to statement № 68, for the establishment of family guest houses, hostels, grass camps, auto camping complexes, eco-house complexes, container towns, tent camps; - for the projects of entrepreneurs participating in the program "20 thousand entrepreneurs - 500 thousand qualified specialists" in accordance with Decree № PF-93; - Pursuant to Decision № PD-57 (Green) purchase and installation of solar panels for own activities (loans are not allocated for delivery, purchase and sale projects); - According to decisions № PD-5214 and № CM-504, in order to help the "leading" business entities attached to "Heavy" neighborhoods to develop small business and family entrepreneurship on the basis of cooperation (the long-established labor of the population in each neighborhood by the leading entrepreneur based on their skills, the most effective "growth points" are allocated for such areas as driver projects, crafts, handicrafts, homestead and greenhouse farming, floriculture, animal husbandry, fisheries, poultry, small production) ; - According to Decree № PR-213 (in the Republic of Karakalpakstan) for projects in the field of production and service (including projects in the field of housing construction, trade, brokerage, as well as in excise goods manufacturers, state enterprises and chartered funds (with the exception of legal entities with a state share in the charter capital and replenishment of working capital); - According to decisions № PD-5088 and № CM-294 (Young entrepreneur) for the replenishment of working capital and the purchase of fixed assets (including the purchase of buildings and structures for lease, reconstruction and capital repair of buildings and structures)); - Purchase of buildings for production and facilities established in Youth Industrial Zones of Surkhandarya region based on the decision № PD-400 (Young entrepreneur) |
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Maximum loan amount |
- up to 2.0 billion UZS for one project based on decisions № PD-5113 and № PD-4752; - up to 5.0 billion UZS according to the decision № PD-212**; - up to 5.0 billion UZS according to the decision № PD-232; - up to 3 billion UZS based on statement № 68***; - up to 15 billion uzs under the program "20 thousand entrepreneurs - 500 thousand qualified specialists" in accordance with Decree № PF-93****; - According to the decision № PD-57 (Green) based on client’s request; - Based on the decisions № PD-5214 and № CM-504, it is determined based on the application and project of the leading business entity (however, the maximum loan amount for one neighborhood is up to 2.0 billion UZS) - According to Decree № PF-213 (in the Republic of Karakalpakstan) up to 10 billion uzs for one project; - According to decisions № PD-5088, PD-400 (supporting youth entrepreneurship in Surkhandarya region) and № CM-294 (Young entrepreneur) in an amount not exceeding the equivalent of 500 thousand US dollars for one business entity at a time |
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Currency |
In national and foreign currency |
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Annual interest rate |
- Based on decision PD-104 and statement № 68, 14% per annum due to the extinguished part of the previously allocated loans within the framework of decisions PD -4752, PD -5113; - 14% per annum based on decisions №PD -212 and PD -232; - 14% per annum within the framework of the program "20 thousand entrepreneurs - 500 thousand qualified specialists" in accordance with Decree № PF-93; - According to the decision №PD -57 (Green) the main rate of the Central Bank + 4% Ipoteka-bank margin in an amount not lower than the fixed rate. (If the main interest rate of the Central Bank of the Republic of Uzbekistan changes, the percentage of this loan product will change) - 10% per annum based on decisions PD-5214 and CM-504 (Leading Entrepreneurship); - According to Decree № PF-213 (in the Republic of Karakalpakstan) 14% per annum; - According to decisions № PD-5088 and № CM-294 (Young entrepreneur) 14% per annum; - According to the decision № PD-400 (supporting youth entrepreneurship in the Surkhandarya region) in the national currency, the main interest rate of the Central Bank of the Republic of Uzbekistan + 4% Ipoteka-bank margin*****. |
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Covering the cost of resource attraction |
Not charged. (According to Decree № PR-93 under the program"20 thousand entrepreneurs - 500 thousand qualified specialists" , it is carried out in accordance with the credit line agreement of the Recovery and Development Fund) |
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Funding source |
Funds from the Reconstruction and Development Fund of the Republic of Uzbekistan and the funds allocated through "Kishloq Kurilish Bank" ADB and "Uzsanoatqurilishbank" ADB for financing projects in Andijan region, from special credit funds of the Central Bank, PD- In accordance with decisions № 4752 and PD-5113, at the expense of the extinguished part of the previously allocated loans, at the expense of the funds of the Fund for the Support of Young Entrepreneurs |
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Credit line |
Closed |
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Loan period |
- Pursuant to Decision № PD-104 and Statement № 68, up to 60 months can be set at the expense of the extinguished part of loans previously allocated within the framework of Decisions № PD-4752, № PD-5113, but according to Decision № PD-5113, the final term of the loan is 2028 from June 15, according to the decision № PD-4752, the final term of the loan should not exceed June 25, 2027; - According to decisions № PD-212 and № PD-232, up to 60 months, but the final term of the loan should not exceed June 25, 2029; - In accordance with Decree № PF-93, within the framework of the "20 thousand entrepreneurs - 500 thousand qualified specialists" program, up to 84 months (up to 18 months to replenish working capital), but the final term of the loan should not exceed September 22, 2033; - According to the decision PD-57 (Green) up to 60 months; - Up to 36 months based on decisions PD-5214 and CM-504 (Leading Entrepreneurship) (In special cases, loans can be allocated up to 60 months for "leading" business entities connected to "heavy" neighborhoods in the cities and districts attached to the bank based on the minutes of the Visitation meeting),however, the final term of the loan should not exceed November 1, 2028; - According to Decree № PR-213 (in the Republic of Karakalpakstan) up to 84 months, but the final term of the loan should not exceed February 24, 2030; - According to decisions № PD-5088 and № CM-294 (Young entrepreneur) up to 84 months (up to 18 months to replenish working capital); - According to the decision № PD-400 (supporting youth entrepreneurship in Surkhandarya region) up to 120 months |
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Credit allocation form |
By money transfer |
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Loan repayment procedure |
Depending on the project, the grace period can be defined as follows: - up to 12 months according to decision № PD-104 (PD-5113, PD-4752) and statement № 68; - up to 24 months according to decisions № PD-212 and № PD-232; - up to 36 months (up to 6 months to replenish working capital) within the framework of the program "20 thousand entrepreneurs - 500 thousand qualified specialists" in accordance with Decree № PF-93; - According to the decision № PD-57 (Green) up to 6 months; - up to 12 months based on decisions PD-5214 and VM-504 (Leading Entrepreneurship); - According to Decree № PR-213 (in the Republic of Karakalpakstan) up to 24 months; - According to decisions № PD-5088 and № CM-294 (Young entrepreneur) up to 12 months for the purchase of fixed assets (up to 3 months for replenishment of working capital); - According to the decision № PD-400 (supporting youth entrepreneurship in Surkhandarya region) up to 36 months. Interest payment - every month, principal payment - after the end of the grace period, is divided into equally distributed amounts over the remaining term of the loan. (seasonal projects may be considered separately) The loan repayment schedule is calculated as an annuity or a decreasing method according to the client's wishes |
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Credit provision |
Types of security specified in the Bank's current Loan Policy and Lending Regulations. (In accordance with decisions № PD-5214 and № CM-504 (Leading Entrepreneurship) by the State Fund for the Support of Entrepreneurial Activities (joint-stock company "Entrepreneurship Development Company") up to 75% of the loan amount - may be adopted in accordance with the requirements of Decree №PR 150 of June 9, 2022, № PF-287 of December 30, 2022 and Resolution № 428 of the Cabinet of Ministers of August 4, 2022. From March 1, 2024, the guarantee by the joint-stock company "Entrepreneurship Development Company" may be accepted in accordance with the requirements of Decree № PF-193 dated November 10, 2023.) |
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Lending and documentation process |
Current Loan Policy and Lending Regulations of the Bank, Resolutions of the President of the Republic of Uzbekistan № PD-212 of April 19, 2022 and № PD-5113 of May 11, 2021, "On the Organization and Implementation of Rapid Development of the Services Sector" Provisional Regulation of the President of the Republic of Uzbekistan № PD-104 of January 27, 2022, № PD-232 of April 30, 2022, № PD-57 of February 16, 2023, № Decree № PD-5214 dated August 5, 2022, Decree № PD-400 dated December 21, 2023, Decree № PR-213 of the President of the Republic of Uzbekistan dated August 31, 2022, under the leadership of the President of the Republic of Uzbekistan, held on September 19, 2022 in an expanded manner "Increasing the domestic and foreign tourism potential of our country on improvement measures" of video selector meeting № 68, Decree of the President of the Republic of Uzbekistan № PR-93 of June 12, 2023, № PR-97 of April 6, 2022Decree, will be implemented in accordance with the decision № 504 of the Cabinet of Ministers of the Republic of Uzbekistan dated August 9, 2021 and its annex, Decision № 294 of the Cabinet of Ministers of the Republic of Uzbekistan dated May 10, 2021 |
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Additional terms |
- According to the decision PD-212, at least 70% of the credit line funds will be allocated to entrepreneurs operating in areas other than the city of Nukus, the administrative centers of the regions, and cities under the jurisdiction of the region. In this case, loans from the credit line funds will not be allocated to entrepreneurs operating in Tashkent; - Construction of production buildings of projects implemented within the framework of decision № PD-212, 30% of the necessary funds for (purchase) from the allocated loan funds can be financed; - First, loan funds were allocated based on decisions № PD-5113 and № PD-4752 business entities are not allocated loan in accordance with the decision № PD-212; - According to Decree № PR-93, guarantees are issued by the State Fund for the Support of Entrepreneurial Activities in accordance with the provisions of the Decree. It does not apply to loans for projects related to housing construction. The Chamber of Commerce and Industry of Uzbekistan will issue a certificate confirming its participation in the Program within one day to the business entity that has signed the "Partnership Agreement" through the "Partner Entrepreneur" information system. The business entity to which the certificate is issued shall enjoy the privileges specified in the Program and the "partnership agreement"; - According to decisions PD-5088, PQ-400 and CM-294, according to the decision of the Government Commission on Foreign Trade, Investments, Development and Technical Regulation of Local Industry, financial resources are provided by commercial banks for one young business entity. It is provided in an amount not exceeding the equivalent of 100,000 US dollars and not exceeding the equivalent of 500,000 US dollars.Investment projects worth up to the equivalent of 500,000 US dollars will be financed from the funds of the Fund, and the part that exceeds it will be implemented through commercial banks in general order, without the benefits provided for in the decision. The State Fund for the Support of Entrepreneurial Activities for investment projects implemented in the territory of youth industrial zones provides guarantees of up to 50% of the loan amount, but not exceeding 500 million UZS, on loans from commercial banks. A young entrepreneur pays 10% of the value of the building to be leased as an initial payment.; - It is not allowed to use compensations from the state fund for the support of business activities; - Mid-corporate segment can also utilize this product |
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Account maintenance procedure |
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*Excludes the cases of filling projects in the field of construction, trade, mediation, as well as producers of excise goods, state enterprises and legal entities with a state share in the charter fund (charter capital), as well as working capital;
**The period of activity of business entities is up to 1 billion UZS for up to 6 months, up to 2 billion UZS for 6 months to 1 year, up to 3 billion UZS for 1 to 2 years, and 2 to 3 years. Loans of up to 4 billion UZS and up to 5 billion UZS are allocated after 3 years;
***Family guest houses (up to 50 million UZS), hostels (up to 1 billion UZS a complex of grass camps (up to 300 million UZS), autocampings (up to 3 billion UZS), eco-house complexes (up to 300 million UZS) container towns (up to 600 million UZS) and tent camps (up to 60 million UZS);
****For business entities planning to create 51 to 100 new jobs - up to 5 billion UZS, for business entities planning to create 101 to 200 new jobs - up to 10 billion UZS, more than 200 new jobs for entrepreneurs planning to create jobs - up to 15 billion UZS;
*****Proportionately reduce the interest rate on the Saving funds and loans in the case of a decrease in the main rate of the Central Bank, and leave it unchanged in the case of an increase.
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Product name |
Auto loan |
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Client |
Legal entities and business entities without legal status |
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Loan purpose |
To purchase passenger vehicles from the primary or secondary market for own use and electric vehicles from the primary market |
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Currency |
In national currency |
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Term |
Up to 48 months (For Platinum, Gold, Silver plus and Silver clients can be allocated up to 60 months) |
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Annual interest rate |
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Funding |
At the expense of the bank's own funds and attracted funds |
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Lending type |
Closed line |
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Allocation form |
From the primary market - by money transfer; From the secondary market - by transferring money to the vendor’s plastic card, account number |
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Maximum loan amount |
It is determined based on the price of vehicles. But not exceeding 2.0 billion UZS |
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Repayment procedure |
The grace period can be set up to 6 months depending on the project. No grace period for the secondary market. Interest payment - monthly, principal payment - after the payment deadline is divided into amounts distributed over the remaining term of the loan The loan repayment schedule is calculated as an annuity or a decreasing method according to the client's wishes. |
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Collateral |
- Cars purchased on loan are secured with a down payment of at least 30%. A loan default risk insurance policy may be taken as security until the main security is formalized (for the primary market); - When a down payment of at least 15% is made under the pledge of cars being purchased on the loan account, the remaining 15% of the down payment is the movable and immovable property (residential and non-residential) specified in the Loan Policy and Lending Regulations and gold items can be pledged. A loan default risk insurance policy may be taken as security until the main security is formalized (for the primary market); - With a down payment of at least 36%, under the pledge of cars that are purchased on credit and manufactured for less than 1 year. Until the main security is formalized, a loan default risk insurance policy can be taken as security (for the secondary market); - With a down payment of at least 40%, under the pledge of cars that are purchased on credit and manufactured for not more than 2 years ago .Until the main security is formalized, a loan default risk insurance policy can be taken as security (for the secondary market); - With a down payment of at least 52%, under the pledge of cars purchased on credit, manufactured not more than 3 years ago. A loan default risk insurance policy can be taken as security until the main security is formalized (for the secondary market); - For the purchase of an electric vehicle (except for hybrids) under the pledge of cars purchased on credit when the down payment is at least 30%. A credit default risk insurance policy may be taken as security until the main security is formalized (for the primary market); - Movable (except for a car purchased on credit) and immovable property (residential and non-residential) and gold items specified in the Loan Policy and Lending Regulation of the bank without down payment; - It is not allowed to use compensations from the state fund for the support of entrepreneurial activities |
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Lending and documentation procedure |
Carried out on the basis of the Bank's current Loan Policy and Lending Regulations |
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Additional terms |
- A car loan from the secondary market is allocated to vehicles that are not more than 3 years old; - This loan product does not apply to the purchase of fixed assets; - This loan product is also applicable for loans under the J-USBP program; - When buying light vehicles and electric cars for personal use (if the total amount of cars taken on credit does not exceed 1.0 billion UZS), the obligations of the borrower and related enterprises to the bank listed in Appendix 25 of the Lending Regulation are not taken into account in the decision-making limit; - Mid-corporate segment can also utilize this product |
*4 ta toifaga kirgan mijozlar uchun 60 oygacha ajratilishi mumkin.
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Client |
Exporting organizations, i.e., business entities registered in the Republic of Uzbekistan that have entered into foreign trade agreements (contracts, invoices) with non-residents of the Republic of Uzbekistan for the export of goods (works, services) |
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Loan Purpose |
To replenish working capital |
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Loan maximum amount |
Up to USD 1 million equivalent per business entity at a time* |
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Currency |
US dollars (the allocated currency can be converted into soums at the customer's request to finance payments within the country) |
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Loan interest per annum |
In foreign currency - 4 percent |
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Funding Source |
At the expense of the Export Promotion Agency |
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Loan term |
up to 12 months* |
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Loan allocation form |
By money transfer. (It can be allocated in cash for the purchase of agricultural products for the purpose of collecting and preparing products for export) |
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Loan repayment procedure |
With the condition of repaying the principal debt from the third month, interest payment - every month, principal payment - after the payment deadline, it is divided into equally distributed amounts over the remaining term of the loan (seasonal projects may be considered separately) |
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Credit provision |
Pledge of liquid collateral (real estate, special equipment, vehicles, gold items, deposit funds and other liquid collateral) under the security of a provided foreign bank guarantee |
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Additional Terms |
This loan is allocated to export organizations. The export contracts presented by the exporting organization should not provide for the export of raw materials from the list approved by the Decree of the President of the Republic of Uzbekistan No. PF-5587 dated November 29, 2018. Business entities registered in the Republic of Uzbekistan conducting export activities or intending to start them, which are not at the stage of liquidation, do not have overdue debts to the budget, bankruptcy procedure against them will be made to borrowers who have not been initiated and who comply with other requirements specified in the statute. In accordance with the Decree of the President of the Republic of Uzbekistan No. PF-6091 dated October 21, 2020, in the event that a certain part of the loans granted from the financial resources allocated by the agency is extinguished within the specified periods, additional payments to business entities in proportion to the extinguished part of the loan credits are allocated. Compensations are not provided by the State Fund for the Support of Entrepreneurial Activities |
*when exporting goods by exporters with the condition of deferred payment for them, revolving loans are provided to finance their working capital on the following conditions:
- provision of financial resources in the form of financing in an amount not exceeding the equivalent of US$1 million for one business entity at a time (in an amount not exceeding the equivalent of US$5 million for an exporter who has exported more than US$20 million in the last 12 months) ;
- Revolving loans from these resources for the period of deferred payments and in the amount of the value of exported products, but not more than the equivalent of 3 million US dollars, with the condition of repaying the loan every 12 months
Available for up to 36 months.
- It should be separately noted that the Agency’s resources allocated to the client will be implemented after receiving the Agency’s permission in the event of a revision of the loan term. In addition, in cases where the Agency is not allowed to revise the loan term, the resources allocated to the Agency will revise the interest rate on the loan taking into account the current interest rate on working capital.
|
Product name |
"Business" loan - 1 |
|
Client |
Legal entities and business entities that do not have the status of a legal entity |
|
Loan purpose |
Replenish working capital (including salary payment and revolving loans) |
|
Currency |
In national currency |
|
Annual interest rate |
- 27% per annum to replenish working capital; - 26.3% per annum for salary payment and revolving loans |
|
Term |
- Up to 24* months to replenish working capital; - 45 days for salary payment; - Revolver credit is carried out through a revolving (open) credit line for up to 12 months (The main agreement is concluded for 36 months) |
|
Funding |
The bank’s own funds and attracted funds |
|
Lending type |
Closed and open credit line |
|
Allocation form |
Money transfer (For salary payment in cash or by plastic card) |
|
Maximum loan amount |
- Determined based on the client's project to replenish working capital; - Loan for salary payment is more than the calculated salaries for two months in a non-existent amount; - Revolver loan in an amount not exceeding the equivalent of 2.0 billion UZS |
|
Loan repayment procedure |
- Loan repayment procedure - A grace period can be set up to 3 months for the purchase of fixed assets**. (Depending on the project, the grace period may be defined differently). Interest payment - monthly, principal payment - after the payment deadline is divided into amounts distributed over the remaining term of the loan. (Seasonal projects may be considered separately); - At the end of the salary payment loan period, the principal debt is returned with calculated interest; - Revolver loan interest payment - monthly, principal payment - obligations to pay the principal without full repayment are carried out in the last 3 months of the loan term |
|
Collateral |
Types of security specified in the Bank's current Loan Policy and Lending Regulations |
|
Additional terms |
- A salary loan is not issued for a year-end bonus (13 months) and a monthly bonus.It is prohibited to issue salary projects to organizations that are engaged in economic activities, offices, associations and other enterprises. It is also prohibited to extend the repayment periods of salary loans; - The amount of the loan agreement for which the revolver loan is additionally concluded is based on the amount specified in the General Agreement, but the total allocated/ will be allocated loan balance should not exceed the amount in the General Agreement. Loan will not be allocated through the secondary account. When the revolver loan is issued, if the client repays the loan funds in the amount specified in the loan agreement more than 3 times in a year, service the bank account with the client from the new loan amount to be used in the next use of the credit line funds payment (for debit turnover) is charged in the amount specified in the contract. The loan percentage and source of the next (following) loan agreements are determined based on the Loan Products catalog and passport valid at the time of the conclusion of the loan agreement, which should be reflected in the General Agreement; - In cases where compensation is provided to cover interest costs on loans, starting from March 1, 2024, loans in national currency at a rate not exceeding 1.75 times the annual base rate of the Central Bank are carried out in accordance with the requirements of Resolution №PR-193 dated November 10, 2023 by JSC "Enterprise Development Company" |
|
Lending and documentation procedure |
Carried out on the basis of the Bank's current Loan Policy and Lending Regulations |
*Loans can be allocated for up to 36 months to clients who fall into the category of platinum, gold, silver plus, silver;
**Platinum, gold, silver plus, silver clients can be granted a grace period up to 6 months.
|
Product name |
"Business" loan - 2 |
|
Loan purpose |
Purchase of fixed assets (including the purchase of an online check-cash register, building construction reconstruction and capital repair) |
|
Currency |
In national currency |
|
Annual interest rate |
- 27% per annum up to 36 months, 27.3% per annum over 36 months for the purchase of fixed assets (including building construction reconstruction and capital repair); - Purchase of the online check-cash register 26.3% per annum |
|
Term |
- Up to 36* months for the purchase of fixed assets (including building construction reconstruction, capital repair in national currency); - Up to 12 months for the purchase of Online cash register |
|
Funding |
The bank’s own funds and attracted funds |
|
Lending type |
Closed line |
|
Allocation form |
By money transfer |
|
Maximum loan amount |
It is determined based on the client’s project (up to 5 million UZS for purchase of the Online check-cash register) |
|
Repayment procedure |
- Loan repayment procedure - A grace period can be set of up to 9 months for the purchase of fixed assets**. (Depending on the project, the grace period may be defined differently). Interest payment - monthly, principal payment - after the payment deadline is divided into amounts distributed over the remaining term of the loan (seasonal projects may be considered separately); - There is no grace period for the purchase of an online check-cash register, the interest payment- monthly, the principal payment - divided into equally distributed amounts over the payment period |
|
Collateral |
Types of collateral specified in the Bank's current Loan Policy and Lending Regulations.
(Purchase of Online check-cash register on the basis of the guarantee of an individual) |
|
Additional terms |
- Online cash registerby the customer's request in the loan for the purchase until received, the account must be in JSCMB "Ipoteka-bank". Through the J-USBP program can be financed within the specified limits; - In cases where compensation is provided to cover interest costs on loans, starting from March 1, 2024, loans in national currency at a rate not exceeding 1.75 times the annual base rate of the Central Bank are carried out in accordance with the requirements of Resolution №PR-193 dated November 10, 2023 by JSC "Enterprise Development Company"; - Mid-corporate segment can also utilize this product |
|
Lending and documentation procedure |
Lending and documentation procedures are carried out on the basis of the Bank's current Loan Policy and Lending Regulations
During purchase of an online cash register, simplified documents are provided: - Application, the decision of the meeting of the authorized body of the borrower (founders, shareholders and supervisory boards) on obtaining a loan (except for the SE), the last financial statements report for legal entities for the period (form 1.2), certificate, forecast (information) of income from the main activity of the client instead of the business plan |
*Loans can be allocated up to 60 months to clients who fall into the category of Platinum, gold, silver plus, silver;
**A grace period for clients who fall into the category of platinum, gold, silver plus, silver can be set up to 9 months.
*Platinum, gold, silver plyus, silver toifaga tushgan mijozlarga kreditlar 24 oygacha ajratilishi mumkin;
**Platinum, gold, silver plyus, silver toifaga tushgan mijozlarga 6 oygacha imtiyozli davr belgilanishi mumkin.
|
Product name |
Fishing |
|
Loan purpose |
– Replenishment of working capital (purchasing feed, mineral fertilizer, fish, commercial fish, etc.); – Establishment of a hatchery and breeders in the field of fishing; – Forming a swarm of mother fish; – Organization and improvement of the material and technical base of fisheries operating on the basis of a lease agreement in natural water bodies; – Construction (excavation), repair of artificial water bodies; – Construction, repair, purchase of a building to organize the processing of fish products; – To purchase buildings and technologies for the production of feed products; – Purchase and repair of production equipment and technologies; – Purchase of basic equipment (purchase of mother fish for spawning, purchase of a cage (sadok) device, construction materials, creation of closed circulating water systems (SCUs), special equipment, boats, net devices, fish breeding pools, and development of fisheries to purchase other fixed assets related to); – Construction of small water reservoirs (swimming pools); – To purchase special vehicles and use their services; – Purchase and installation of refrigerator, shock freezing equipment; – To organize fishing clusters specializing in full-system (hatchery, hatchery and fish breeding, high-protein fish feed, processing and storage) production in the fisheries sector; – To other directions related to the fishing industry, which are not prohibited according to the current legislation |
|
Currency |
In national or foreign currency |
|
Maximum loan amount |
Based on client’s project |
|
Funding |
At the expense of the bank's own funds and attracted funds |
|
Annual interest rate |
- In national currency, 26.3% per annum up to 12 months, 26.8% per annum up to 36 months, 27.3% per annum over 36 months; - Annual interest in foreign currency (foreign financial institution margin + at least 4% Ipoteka bank margin) |
|
Term |
Replenishment of working capital up to 24 months, purchase of fixed assets,for construction (excavation) and repair of artificial water bodiesup to 36 months. (up to 60 months for investment projects presented for the establishment of closed circulating water facilities (UZV) and intensive pools, the purchase of equipment for intensive fish breeding, the purchase of equipment and technologies for the organization of processing fish products) |
|
Allocation form |
By money transfer |
|
Lending type |
Closed and open credit line |
|
Repayment procedure |
Depending on the project, a grace period of up to 6 months for replenishing working capital and up to 12 months for the purchase of fixed assets can be set. Interest payment - monthly, principal payment - after the payment deadline is divided into amounts equally distributed over the remaining term of the loan. (seasonal projects may be considered separately) |
|
Collateral |
Types of security specified in the Bank's current Loan Policy and Lending Regulations |
|
Lending and documentation process |
The Bank's current Loan Policy and Lending Regulation and in accordance with decision No. PD-5087 of April 21, 2021 of the President of the Republic of Uzbekistan "On additional measures to improve the business support system and further improve the business environment" will be implemented in accordance with the decision |
|
Additional terms |
- Will be requested simplified business plan to provide a loan to replenish working capital (consisting of 5 sheets); - In cases where compensation is provided to cover interest costs on loans, starting from March 1, 2024, loans in national currency at a rate not exceeding 1.75 times the annual base rate of the Central Bank are carried out in accordance with the requirements of Resolution №PR-193 dated November 10, 2023 by JSC "Enterprise Development Company" |
|
Product name |
Modular loan “Universal” |
|
Client |
Legal entities with a main account number in Ipoteka bank, which have been operating for at least 6 months, and business entities without legal status |
|
Loan purpose |
Purchase fixed assets and replenish working capital |
|
Currency |
In national currency |
|
Annual interest rate |
27.99% per annum |
|
Term |
Up to 36 months |
|
Funding |
Bank’s own funds |
|
Lending type |
Closed line of credit |
|
Allocation form |
Money transfer (Individual entrepreneurs can receive cash*, plastic card or money transfer in replenishing working capital) |
|
Maximum loan amount |
Up to 500.0 million UZS |
|
Repayment procedure |
Grace period can be set up to 6 months. Interest payment - monthly, principal payment - after the payment deadline is divided into amounts distributed over the remaining term of the loan (Seasonal projects may be considered separately) The loan repayment schedule is calculated as an annuity or a decreasing method according to the client's wishes |
|
Documents to be submitted |
1) Application; 2) Founding documents and founders' decision on obtaining a loan; 4) Purchase contract if fixed assets are to be purchased; 3) Security documents (if the owner of the pledge is a legal entity, the founders' decision on the pledge) |
|
Collateral |
Real estates (liquidunder mortgage of residential and/or non-residential premises) |
|
Additional terms |
- For one customer is not allowed to have more than 1 universal modular loan balance (in order to use the next “Universal” loan product, the loan for this product must first be completely extinguished). Control of the reuse of this product is carried out by the Business Block; - Clauses 12, 39, 143 of the Lending Regulation do not apply to the allocation of this product; - It is not allowed to use compensations from the state fund for the support of business activities; - Mid-corporate segment can also utilize this product |
|
Lending and documentation procedure |
Carried out on the basis of the Bank's current Loan Policy and Lending Regulations |
*In cash, a 1% cash recalculation commission is charged;
List of documents required for lending to legal entities to replenish working capital:
1. Application;
2. Decision of the meeting of the authorized body of the borrower on obtaining a loan. A copy of the borrower's founding documents (license) along with the latest amendments for verification of powers;
3. Financial statements submitted to the State tax authorities for the last reporting period;
4. If the borrower has an account number and obligations in other credit organizations (banks), a reference from this credit organization (bank);
5. Business - plan (simplified).
6. Supply documents.
List of documents required for lending to legal entities for the purchase of fixed assets and for the purpose of construction/reconstruction:
1. Application;
2. Decision of the meeting of the authorized body of the borrower on obtaining a loan. A copy of the borrower's founding documents (license) along with the latest amendments for verification of powers;
3. Financial statements submitted to the State tax authorities for the last reporting period;
4. If the borrower has an account number and obligations in other credit organizations (banks), a reference from this credit organization (bank);
5. Copies of contracts (contracts) for purchase on credit;
6. Documents on the existence of a place of trade and production intended for carrying out one's entrepreneurial activities;
7. Business - plan or project TIA(TEF);
8. When a loan is allocated for the purchase of equipment, a comparative classification of similar equipment, a competition sheet;
9. Certificate (document) confirming the right of ownership when a loan is allocated for the purchase of real estate;
10. When a loan is allocated for construction and repair works for construction, capital repair and reconstruction, all documents related to construction and repair;
11. Supply documents.
List of documents required for lending to individual entrepreneurs:
1. Application;
2. A copy of the state registration certificate;
3. Copies of contracts (contracts) for purchase on credit (except for trade activities);
4. Certificate (document) confirming the right of ownership when a loan is allocated for the purchase of real estate;
5. When a loan is allocated for the purchase of equipment, a comparative classification of similar equipment, a competition sheet;
6. Business - plan;
7. If the borrower has an account number and obligations in other credit organizations (banks), a reference from this credit organization (bank);
8. Supply documents.
These lists are not considered to be the final list required for loan consideration. The Bank has the right to request any other documents related to this project if necessary.
