A credit line is a loan that is issued in separate tranches within the pre-agreed borrowing limit over the pre-agreed term.

The bank offers the following kinds of credit lines to its clients:

Limited amount credit line (non-renewable) means that the loan is issued in stages within the pre-agreed total amount.

The borrower is issued the total amount permissible over the term of the agreement. Each new tranche is issued on the basis of an application from the borrower, and is added to the total balance of the loan without the need to complete a separate loan agreement. Interest is added to the loan balance as of the morning of each day for the actual number of days the borrower uses the funds. Interest is repaid on a monthly basis while the principal is repaid either according to a schedule or upon the expiry of the credit line agreement. Pre-term repayment is allowed.

Limited debt credit line (renewable) means that, while the credit line agreement remains valid, a new tranche of the total credit – within the established limit of debt – can be issued after partial repayment.

The bank establishes the total limit of debt that the borrower may owe at any one time in relation to all issued and not yet repaid tranches of the loan issued under the credit line agreement. Each subsequent tranche is issued on the basis of the borrower's application, without completing a separate loan agreement. The total debt owed under the credit line must not exceed the pre-agreed limit.

Once the credit line agreement expires, no more credit tranches are issued. Pre-term repayment is allowed. Interest is added to the loan balance as of the morning of each day for the actual number of days the borrower uses the funds. Interest is repaid on a monthly basis while the principal is repaid either according to a schedule or upon the expiry of the credit line agreement. Renewable credit lines enable the financing of several operational cycles.