Loans for business

For the purpose of expanding and developing entrepreneurial activity, solely for the replenishment of working capital

soum/US dollar

not provided

up to 36 months

bank branch

non-cash

An insurance policy covering the risk of credit default issued by an insurance company acceptable to the bank.

yes
up to 6 months

differential, annuity

monthly

1. The Borrower's financial performance during the annual and the last quarterly reporting periods must not conclude with a loss. Exceptions include cases where the negative outcomes are substantiated with truthful and valid information.
2. The Borrower must not have negative indicators of working capital availability during the annual and the last quarterly reporting periods. Exceptions include cases where these indicators are substantiated with truthful and valid information.
3. There must be no overdue loan obligations on existing loans or equivalent operations.
4. Regarding loans over the last 12 months:
No more than two overdue obligations exceeding 30 days
No more than one overdue obligation exceeding 60 days
No overdue obligations exceeding 90 days
5. There must be no overdue loan obligations within "ASIA ALLIANCE BANK" JSCB for enterprises associated with the Borrower under control criteria
6. According to the Borrower’s credit history report (KATM), there must be no active loans categorized as "unsatisfactory," "doubtful," or "hopeless" in any commercial banks or associated enterprises within "ASIA ALLIANCE BANK" JSCB
7. There must be no extensions of interim or final payment deadlines for principal and accrued interest on active loans in "ASIA ALLIANCE BANK" JSCB
8. There must be no cases of non-compliance with conditions set by the collegial body regarding existing loan obligations (except general non-compliance or untimely compliance) within "ASIA ALLIANCE BANK" JSCB
9. There must be no cases of misuse of funds on active loans within "ASIA ALLIANCE BANK" JSCB. (Verification of targeted use is conducted based on a certificate of targeted use. This condition does not apply to loans whose certificates of targeted use are not yet due, when suppliers have not delivered goods/services and are subject to litigation, or when loans are granted for non-verifiable targeted purposes.)
10. The Borrower must have no pending financial obligations under execution cases opened by the Compulsory Enforcement Bureau
11. If, in the last three years, economic court claims related to credit services were filed and partially or fully satisfied, the application will be reviewed and denied.

It is transferred to the customer's account and/or based on the contract provided by the customer.

For legal entities:
Credit application, founding documents, information about the company's management and founders, consent/decision of the founders regarding obtaining the loan and/or providing collateral; account turnover statements from other banks, and information about existing obligations.
For sole proprietors:
Credit application, certificate of registration, copy of passport, documents confirming the place of business activity; financial calculations prepared by the client justifying the repayment of the loan amount with a forecast of cash flows, as well as other documents related to the implementation of the project.

not required

The amount of loans issued to a borrower within the "ASIA ALLIANCE BANK" JSCB system based solely on insurance policy as collateral must not exceed 500.0 million UZS in total for business entities with the status of a legal entity, and must not exceed 300.0 million UZS for individual entrepreneurs without legal entity status (such as SPs, FEs, PHs, etc.). Additionally, based on oversight, when calculated together with loans allocated to a single borrower or a group of interrelated borrowers, the total outstanding loan amount secured solely by an insurance policy must not exceed 1.0 billion UZS.

possibly

not provided

not provided

An insurance policy covering the risk of loan default from an insurance company acceptable to the bank.

Interest rate: up to 12 months - in national currency - 26.5% per annum, in US dollars - 13.5% per annum; from 12 to 24 months - in national currency - 28.5% per annum, in US dollars - 14.5% per annum; from 24 to 36 months - in national currency - 30.5% per annum, in US dollars - 16.5% per annum