The bank's loaning policies are based on the fundamental principle of establishing long-term partnership relations with each client. This includes an organic combination of both standard and individual services and products. When financing clients' ongoing operations, the bank reacts promptly to changes in clients' demands and successfully meets their growing needs.
RUR and foreign currency loans are granted to legal entities and individual businessmen. Loan products are selected jointly by the bank and the client, and depend on the nature of the latter's activities and the purpose of the loan. Depending upon the client’s needs, loans can be short-term, for up to 1 year, or medium-term, for between 1 and 3 years.
The bank issues the following types of loan:
simple term loans,
credit lines,
overdraft loans,
bank guarantees
The bank accepts the following as collateral:
real estate; clients' fixed assets and goods;
liquid securities;
guarantees from reliable banks or solvent companies;
promissory notes of borrowers' counteragents and other assets.
The value of collateral must cover the principal loan and the bank's interest.
When working with its clients, the bank uses an individual approach that allows the client to reduce the cost of loan servicing. This is why loan tariffs depend on the following parameters:
borrowing turnover on the client's account with the bank,
term of the loan,
sum total of the bank's financial services (the bank's products) used by the client,
liquidity of the collateral,
value on financial markets of the resources involved.
Basic requirements for borrowers:
the company must have been conducting its current business for at least a year,
the company's principal payments must be made through its accounts with EVROPEISKY Investment Commercial Bank,
the company suffered no losses over the last reported period,
the company owes no overdue debts to the budget and state off-budget funds,
the company owes no overdue debt on loans issued by the bank (the principal, interest, penalties and fees);
there is neither a current restriction (No. 2 card index) in relation to the client's principal account with the bank or any other current restrictions concerning the client's accounts with the bank, such as blocking or arrest;
the client must provide liquid collateral.
