| Instruments |
Letters of credit, stand-by letters of credit, guarantees |
| Period |
Up to 12 months – inventory collateral required
Up to 24 months – real estate collateral required |
| Amount |
min. USD 500,000 or equivalent in another currency |
| Loan currency |
USD, EUR, CHF, RUB |
| Interest rate |
min. 4.5% per annum + LIBOR/EURIBOR/MOSPRIME |
| Repayment schedule |
The principal is repaid at the end of the period. Interest is paid monthly/quarterly. |
| Security |
Goods in stock, road vehicles, equipment, real estate (min. 20% discount). Pledge of goods or bills of lading, Bank's promissory notes or other liquid collateral is required under certain conditions. |
| Time-to-yes |
min. 15 business days |
| Borrower requirements |
Satisfactory financial standing as per the Bank's methodology. |