Bank Guarantee

Terms

• Product Purpose Guarantee of fulfillment of obligations to the client's counterparties
• Loan Amount Up to 25 billion sums
• Loan Term Issued on the basis of a contract between the client and the beneficiary
• Currency of the Letter of Guarantee National Currency and USD
• Service Fee for the Issuing of a Letter of Guarantee - Determined on the basis of an agreement between the client and the bank from 0.5% to 5% of the amount of the guarantee, but this amount should not be less than 2 reference value
  
  - In case the bank has paid the client’s obligations in favor of the beneficiary, the bank shall charge additional commission payments in accordance with the guarantee agreement until the client has fully returned the amount borrowed
• Requirements for Borrowers The bank guarantee is not issued for enterprises with illiquid balance sheets, existing loan or debts, negative opinion of the auditor on assessment of the financial situation for the last 3 years and negative loan history
• Collateral Minimum 125%
  
  Collateral Types: Real Estate, Vehicles, Equipment, Deposit or Third Partiy's Guarantee