Securing performance of obligations by the borrower
The Bank shall grant loans, only provided performance of obligations is properly secured.
Performance of obligations assumed by the borrower under loan agreements can be secured by the following:
· Pledge;
· Guarantee;
· Warranty;
· Loan non-repayment risk insured by the borrower;
· Security cash deposit;
· Legal title (for property and other rights) assignment to the loan provider;
· Other means as stipulated in the legislation of the Republic of Belarus or the agreement.
It is possible to use several means at a time to secure performance of obligations.
For further information contact us by phone: +375 17 293 01 59 |