Infin Green

Form of lending: without opening a credit line (one-time issuance/drawdown in tranches)

Method of Lending: Non-cash transfer of funds from the client’s loan account to the suppliers’ current accounts in accordance with the submitted sales contracts.

Loan purpose Financing of projects related to energy efficiency and renewable energy sources.

Source of financing: The bank’s own funds.

Loan Currency: National currency of the Republic of Uzbekistan — Uzbek som.

Loan term: up to 60 months

Grace period for repayment of principal debt: up to 6 months

Interest Rate: Refinancing rate of the Central Bank of the Republic of Uzbekistan + 7%. In case of financing from the Bank’s own resources – from 23.99% per annum

Minimum Loan Amount: not established

Maximum loan amount: up to 1 bln UZS.

Loan repayment: monthly, annuity or differentiated payments

Acceptable Types of Collateral:

• Pledge of funds in freely convertible and national currency held in accounts opened with JSC «InFinBank»;

• Guarantees from banks and insurance companies;

• Pledge of movable/immovable property;

• Pledge of property rights (claims);

• Pledge of government securities, Central Bank of the Republic of Uzbekistan securities, other securities not prohibited by current legislation, and shares in charter funds;

• from third parties with verified solvency and financial reliability;

• Insurance policies of financially stable insurance companies;

Other types of collateral not prohibited by current legislation.

Collateral Coverage Ratio: at least 125% of the Loan amount.

Mandatory requirements for borrowers:

• Business entities registered in accordance with the legislation of the Republic of Uzbekistan;

• The borrower must have a demand deposit account (primary or secondary) at JSC “InFinBank.”

• No negative credit history of the borrower/co-borrower/guarantor;

• Sufficient current cash flow of the borrower/co-borrower/guarantor to ensure timely loan servicing;

• The borrower/co-borrower/guarantor must have a liquid balance sheet, and the business activity must not be unprofitable;

• Availability of the relevant permits and licenses for the borrower’s activities, if such activities are subject to licensing;

Other requirements for the potential borrower/co-borrower/guarantor, collateral, and loan conditions are regulated by the Bank’s Credit Policy and other internal regulatory documents.

Procedure for opening financing: Financing is provided after the borrower submits duly executed collateral and insurance for the pledged asset to the Bank.

List of Documents Provided by the Borrower:

• Loan application with a description of all loan terms and collateral requirements;

• Planned energy saving (efficiency) table for the project (a brief analysis of energy consumption expenses before and after project implementation, in physical and monetary terms);

• Borrower’s certificate of state registration;

• Copy of the charter and founding documents of the enterprise, including all amendments;

• Copy of documents confirming the authority of the person to sign the loan agreement on behalf of the borrower, if the person acts as the borrower’s representative, including signature specimens;

• Financial statements in the form of a balance sheet and an income statement as of the first day of the current month;

• Resolution of the borrower’s/co-borrower’s authorized body approving the borrowing of the required loan amount under the relevant terms and the provision of collateral for the loan;

• If accounts are held in other banks — certificates from the servicing banks confirming the presence/absence of the borrower’s debt under suspense account No. 2, loans, leases, and letters of credit, as well as information on account turnover for the past 12 months in the form of a letter from the servicing bank with a detailed breakdown in electronic format;

• Contracts to be paid under the requested loan;

• Documents related to the provided collateral in accordance with the Bank’s internal regulatory requirements.

The terms of lending under this product using borrowed funds are determined based on the conditions of the attracted credit lines.