Terms and amounts, loan charges
Such terms as loan amounts, interest rates, and terms are considered on a borrower-to-borrower basis, accounting for the details of the transaction financed, the industry specifics, the client’s financial and cash flows, the client’s solvency and the pledge offered.
As provided by the legislation of the Republic of Belarus, before concluding a loan agreement the Bank provides for the borrower, on a case-to-case basis, data on the total of the loan charges, other commission fees and payments, and specifies a list of payments and amounts due in connection with the borrower’s failure to observe the loan agreement terms.
Interest payments are made on a monthly basis, while loan amounts are paid as scheduled.
Interest payments are calculated based on the actual loan debt balance.
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