For replenishing the working capital of construction organizations participating in the construction of multi-storey buildings

Loan amount

The maximum risk exposure for a single borrower or a group of interconnected borrowers should not exceed 25 percent of the bank's tier 1 capital

Purpose of the loan

Replenishment of working capital for the construction of multi-storey buildings for construction and contracting organizations, as well as for the acquisition of fixed assets and other construction-related expenses

Source of loan

From own funds

For replenishing the working capital of construction organizations participating in the construction of multi-storey buildings in the "Yangi O'zbekiston" districts, using funds attracted by the Ministry of Finance and Economy of the Republic of Uzbekistan (raw materials and other material assets)

Loan terms

In case of granting a loan:

- from the bank's own funds - for a period not exceeding 36 months, and not exceeding 24 months for working capital (raw materials and materials)

- from funds provided by the Ministry of Finance and Economy of the Republic of Uzbekistan - for a period not exceeding 18 months

Grace period for principal debt

In case of granting a loan:

- from the bank's own funds - for a period not exceeding 12 months. The grace period for enterprises included in the country's state strategic programs is determined according to the bank's credit policy.

- from funds provided by the Ministry of Finance and Economy of the Republic of Uzbekistan - for a period not exceeding 1 year (12 months)

Loan currency

In national currency

Interest rate

In case of a loan:

- Using the bank's own funds - Determined based on the project duration and other factors.

- Using funds provided by the Ministry of Finance and Economy of the Republic of Uzbekistan - Add 2 percent to the main interest rate of the Central Bank

Debtor's share in the investment project

At least 30 percent of the total project cost (except for certain large projects implemented by decisions and protocols of the President of the Republic of Uzbekistan and the Cabinet of Ministers).

Main requirements for construction and contracting organizations:

- Must have one of the following ratings: "AAA", "AA", "A", "BBB", "BB", "B", "CCC", "CC", "C" in the electronic rating system "Shaffof qurulish" of the Ministry of Construction and Housing and Communal Services of the Republic of Uzbekistan;

- Organizations with a "C" rating are allowed to receive loans for the construction of multi-story buildings up to 5 floors, while construction and contracting organizations with a "CC" rating - up to 9 floors;

- The documents specified in the unified administrative construction regulations, approved by the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan №.200 dated April 20, 2022 "On approval of single administrative construction regulations in the field of construction" must be provided in full.

Conditions for the financial status of construction and contracting organizations

- Operating without losses based on financial and economic performance results (balance sheet for the last reporting year and current quarter is considered);

- No overdue debts on existing loans;

- Absence of filling cabinet №.2 on the main deposit account

Loan collateral

Collateral that does not contradict the current legislation of the Republic of Uzbekistan and satisfies the bank, including, according to the Decree of the President of the Republic of Uzbekistan №70 dated April 30, 2024, under the guarantee and compensation of JSC "Entrepreneurship Development Company" for construction and contracting organizations for a period not exceeding 24 months