Documents review procedure

Upon reviewing borrowers’ credit applications the Bank performs the complex analysis of a borrower’s creditability, evaluates his financial stability in order to define the degree of the granted credit nonpayment risk, assesses the quality and cost of the surety offered to the Bank, coordinates the form and schedule of the credit accommodation and other credit agreement terms with the borrower.

In order an issue of allowing credit to be considered it is required to submit the documents indicated in the list for legal entities. (The lists of documents for legal entities, for individual entrepreneurs to be submitted).

For a credit application to be considered it is necessary to address to the Bank’s department, which is in charge of crediting, with a credit allowing application (freeform), a filled-in dedicated form and the associated documents as per the list of the documents required for consideration of a credit application.

The full name of a borrower, the requested credit amount, duration and purpose of its use, repayment sources, offered surety as well as a contact person must be specified in the application. The Bank’s specialists review and evaluate the credit application (the examination of the offered surety is possible), after that the Bank’s Credit Committee decides on the credit granting possibility. In case of the positive decision the credit is granted after the proper surety registration.

The Bank’s Credit Committee takes decision regarding all the significant credit terms (credit amount, interest rate and duration of use). The Bank considers the possibility of lowering the credit interest rate depending on a client’s credit history and footing as per the operating account in JSC “Zepter Bank”.

When considering credit applications regular clients have advantages and, in case of the positive decision, can be granted the credit within 1–2 days.

The Bank will offer a flexible individual approach regarding credit allowing, development of the facilities more adoptable in each particular case to its clients. This can provide for combining credits that vary in durations, accommodation forms, currencies, sureties; effecting payments through the groups of legal entities and private entrepreneurs that participate in a borrower’s business and other clients’ requests.

All questions to be addressed to telephone number: +375 17 331 88 73