May 25, 2016 the BTA Bank became the participant of the Business Target Financing Program provided by the Russian-Kyrgyz Development Fund.
cattle breeding, poultry farming, fishery, beekeeping
plant growing, greenhouse facility, processing of agricultural products, preparation of agricultural products, drop irrigation, production of foodstuff, textile manufacture, manufacture of machines, equipment, facilities
manufacture of rubber, plastic, metal, wooden, paper and other products
manufacture of construction materials
manufacture of pharmaceutical products
power industry, construction of small hydroelectric power stations
mining and metallurgical industry
|Credit purpose||Acquisition, update, expansion and improvement of fixed assets in the following fields:
agricultural sector, tailoring and textile industry, processing industry, mining and metallurgical industry, transport, medical services, development of infrastructure (including tourism infrastructure), other long-term investments in manufacture.
|Currency||Kyrgyz som, US dollars|
|Interest rate||12% per annum in KGS, 5% per annum in USD|
|Credit term||Up to 60 months|
|Grace period||9 months (may be considered up to 12 months)|
|Amount of credit||Up to 1 000 000 USD (equivalent in KGS)|
|Credit fee||No charched|
|Client’s own participation||
At least 15% of the total project cost.
At the same time, the borrower’s contribution shall serve as such co-financing.
The contribution to the project may include: cash and non-cash funds; financial resources invested in the project capital expenses after or before the submission of to the Bank, but subject to the confirmation of the fact that the project part financed by the Bank by means of Credit would have no economic rationale without the mentioned expenses;