Credits

Loans for business

from 24% to 26% per annum

Interest rate

up to 36 months

Credit term

up to 70 million soums

Loan amount

General terms

Loan target

for financing all projects not prohibited by law (except for projects related to the establishment of alcohol, tobacco, and gambling establishments)

Loan currency

soum

Loan amount

up to 70 million soums

Initial payment

not required

Interest rate

from 24% to 26% per annum

Credit term

up to 36 months

Form of issue

Non-cash (to the client’s account)

Collateral

an insurance policy from the insurance company covering the risk of loan default (if the client has other movable and immovable assets, they can be pledged following the established procedure)
in this case, guarantees from the company's founders are required

Grace period

Repayment method

differential, annuity

Borrower requirements

1. The borrower's financial activities must not result in a loss for the annual and most recent quarterly reporting periods. Exceptions apply if the losses are justified with truthful and substantiated information
2. The borrower's working capital must not show negative indicators for the annual and most recent quarterly reporting periods. Exceptions apply if these indicators are justified with truthful and substantiated information
3. There must be no overdue debt on existing loans and equivalent operations
4. For loans in the last 12 months:
No more than two overdue debts exceeding 30 days;
No more than one overdue debt exceeding 60 days;
No overdue debts exceeding 90 days
5. Lending under this Modular Credit will be suspended if the NPL (Non-Performing Loan) ratio exceeds 2% of the product balance as of the reporting date. The NPL ratio is provided by the bank's relevant department. Lending will resume once the NPL ratio falls below the specified level
6. The client must not have any outstanding payments under an enforcement case initiated by the Compulsory Enforcement Bureau
7. Loan applications will be rejected if, in the last two years, the client has been subject to claims in economic court related to credit services, and such claims were partially or fully satisfied
8. Any loans obtained under previous state and social programs must be fully repaid
9. The client's main account must be opened within the "ASIA ALLIANCE BANK" JSCB

Loan Provision Order

by transferring to the client's main account opened within the "ASIA ALLIANCE BANK" JSCB, a commission fee is charged according to the established procedure when cash is withdrawn from the account

Required Documents

for legal entities:
credit application;
charter, founding documents, certificate of registration, passports of founders and company executives (including accountants), copies of appointment orders;
consent/decision of founders regarding obtaining a loan;
financial reports and information (forms 1-2, annual and operational balance sheets, account turnovers from other banks, existing obligations, and other data required for analysis);
business plan and/or financial calculations prepared by the client, including project parameters and cash flow forecasts justifying the loan repayment;
other documents related to project implementation, if necessary;
documents related to loan collateral
for individual entrepreneurs:
credit application;
certificate of activity;
copy of passport;
account turnovers from other banks, existing obligations, and other data required for analysis;
business plan and/or financial calculations prepared by the client, including project parameters and cash flow forecasts justifying the loan repayment;
other documents related to project implementation, if necessary;
documents related to loan collateral

Loan Service Fee

not required

Additional Conditions

1. The amount of loans provided to the borrower within the system of "ASIA ALLIANCE BANK" JSC based solely on an insurance policy as collateral should not exceed 500.0 million UZS for entrepreneurial entities with legal entity status, and 300.0 million UZS for individual entrepreneurs without legal entity status (e.g., sole proprietors, farms, and others). Furthermore, under monitoring, the total balance of loans secured solely by insurance policies, including those allocated to a single borrower or a group of related borrowers, must not exceed 1.0 billion UZS
2. The targeted use of loan funds is not subject to separate verification or formalization through an act of inspection. However, the allocation of loan funds must be specified in the credit agreement in accordance with the project documentation and the business plan
3. The loan amount is set at a level not exceeding 50% of the funds credited to the client's account from core activities over the last three months

Early repayment

possibly

Limit increase

possibly

Early limit closure

possibly

Insurance

an insurance policy from the insurance company covering the risk of loan default (as collateral for the loan)