Interest rates can be fixed or flexible with a tag to the RIGIBOR, EURIBOR or LIBOR indices. A one-time commission must be paid for the issue of a credit. The size of the interest rate and commission shall be determined by a credit commission in accordance with the bank's tariffs.

Interest shall not be calculated on credit sums not withdrawn and for the reservation of resources within the scope of credit line. There are no commission payments provided for the servicing of credit accounts and the administration of credit matters.

There are expenses related to the drawing up of a credit which the client does not pay directly to the bank: expenses regarding the valuation of the collateral, the services of a notary (primarily in the case of mortgage credits and commercial collateral), and duties prescribed in laws and insurance premiums payments.

MAXIMUM CREDIT SUM

Credit sums for the most widely used forms of security:

• for an immovable property registered in the land register - up to 90 % of the market value,
• for an apartment not registered in the land register (if its property rights are certified by a certificate regarding property rights to the apartment up to the privatization of the residential building or temporary registration certificate regarding property rights to the apartment) - up to 70 % of the market value,
• means of transport - up to 70 % of the market price,
• fixed assets (technological equipment and machines) and liquid assets (savings) - up to 60% of the value of the balance,
• liquid assets (debtors' debts) - up to 50 % of the value of the balance.

The market value of an immovable property shall be determined by a licensed surveyor - a co-operation partner of the bank (in accordance with its list). The market price of a used means of transport shall be determined by a licensed surveyor or official dealer agreed with the bank.

The object that is the collateral shall be insured by an insurance company agreed with the bank.

DOCUMENTS TO BE SUBMITTED

• completed credit application form (bank's form),
• articles of association, including corrections and amendments,
• registration, tax payer's and VAT payer's certificates, signature samples, documents certifying the signature rights of officeholders,
• copies of the passports of officeholders (copying performed by an employee of the bank),
• business or credit expenditure and repayment plan and forecast cash flow for the entire credit utilization term (example provided by the bank),
• last financial year's report with SRS ratification,
• auditor's or accountant's conclusion regarding the last reporting year,
• calculation of the profits or losses and the balance of the latest month or quarter, deciphering of the most important positions and a list of fixed assets,
• SRS statement regarding the tax payments provided for in legislation,