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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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