Fines/Penalties

Upon default of payment of principal and/or interests, the Borrower pays the Bank a penalty at 0.13% of the overdue principal and interest for each day of delay.

Security

Secured by the Borrower's income and/or guarantee:

List of necessary documents to be submitted to the Bank

1. Loan application-questionnaire;
2. Originals of the personal identification document and public services number /a reference on absence of the PSN/;
3. Reference from the place of employment (for “Consumer” loan - if required) /issue date of the document as of the day of submission to the Bank shall not exceed 20 calendar days/. The Borrower can also be required to present a copy of his/her available annual individual report presented by the employer for the Borrower:
3.1. In case of conducting other not entrepreneurial activity /e.g. investments, giving property for rent, investments in deposits, etc./ reference on income received from those activities should be submitted;
3.2. In case of conducting entrepreneurial activity:

• a reference on income received from the activity - for legal entities;
• financial analysis - for private entrepreneurs and private individuals.

3.2.1. If required, in case when the borrower is a PE and conducts certain activity for which licensing or permission for the activity is required - the respective license and/or permission, if it is a factor significantly affecting the Borrower's income;
4. If the Borrower is a private entrepreneur - a reference from the SRC regarding the Borrower's liabilities towards the state;
5. Other necessary documents.