«Premium Credit» program
Under this program individual entrepreneurs and legal entities* can get loans for replenishment of working capital, acquisition and modernization of fixed assets, as well as refinancing debt in other banks.
* Except for joint stock companies.
Credit conditions
| Loan currency | Amount of loan | Credit period*** | Form of granting | Procedure for repayment |
|---|---|---|---|---|
| tenge, US dollars, Russian rubles | 75 million tenge 500 thousand US dollars** |
1 month | lump-sum loan or credit line | Annuity or equal parts with the possibility of providing flexible schedule and/or delay of repayment of principal debt |
| 750 million tenge 5 million US dollars** |
84 months |
Loan for investment purposes may not exceed the borrower’s equity;
Loan for replenishment of working capital – not more than 25% of the borrower’s current assets.
** Or the equivalent in Russian rubles.
*** Credit period for the replenishment of working capital – not more than 36 months.
The conditions for the borrower
- work experience on the main activity – not less than 6 months;
- the borrower’s activity over the last year must not be unprofitable;
- the amount of equity in the borrower’s balance structure shall be not less than 25% of the balance value;
- the proportion of borrower’s unresolved overdue for more than 60 days receivable/payable debt may not exceed 15% of the amount of his total debt;
- the absence of overdue debt under financial obligations to the VTB Bank (Kazakhstan) and to the servicing bank over the last 12 months;
- the absence of renewals and restructurings under financial obligations to the VTB Bank (Kazakhstan) and to the servicing bank;
- having obtained the loan the borrower must transfer his floating funds to the VTB Bank (Kazakhstan) or become a participant of the salary project of the VTB Bank (Kazakhstan).
If you are interested in our offer, please call us. We will certainly contact you to clarify the conditions, invite you to meeting, answer your questions and provide comprehensive consultation on service.