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Tranche crediting

Clients of Kreditprombank may receive a loan in a form of a tranche credit line.

  • On granting a tranche credit line, a loan agreement stipulating the total amount and basic terms and conditions of crediting and a mortgage agreement shall be concluded.
  • Loans are granted to a client by tranches on the basis of separate agreements stipulating the amount of a particular tranche, interest rate and loan period (if necessary).
  • Crediting with a tranche credit line shall be effected within the total amount agreed between the parties in a loan agreement.

WHY KREDITPROMBANK?

  • Kreditprombank credits its clients with separate tranches on an individual basis accounting for actual need of a particular client in borrowed resources.
  • Kreditprombank grants tranches of a credit line as soon as practicable since the general credit conditions and a pledge are executed during the initial execution of such credit line.

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