ALL	EUR	USD
1	Arrangement fees	15,000 - 50,000	150 - 500	150 - 500
2	Commitment fee	1 %	1 %	1 %
3	Renewal	10,000	100	100
4	Commission on highest overdrawn balance	0.5% each month	0.5% each month	0.5% each month
5	Interest on credits	Under negotiation	Under negotiatio	Under negotiation

 

 

			Interest rate	Maturity	Financing
1	Short term loan for bussinesses (1 - 12 months)	Overdraft	LIBOR + (3% - 8%) (USD)	Max 1 year	Within the limits of regulatory capital
			EURIBOR + (3% - 8%) (EUR)
2	Medium term loan (1 – 5 years)	Car loan	EURIBOR + (3% - 8%) (EUR)	Max 3.5 years	Up to 65 % of the purchase price of the vehicle (Max USD 35,000 or equivalent in other currencies)
		Business loan	LIBOR + (3% - 8%) (USD)	Max 5 years	Within the limits of regulatory capital
			EURIBOR + (3% - 8%) (EUR)
		Financial leasing	5% - 9% (EUR)	Max 4 years	Up to 90 % object’s value
			7% - 10% (USD and ALL)

 

Credits for larger amounts will be reviewed case by case.

Note:

Expenses covered by the borrower are:

• Notarization cost of the contract signed between the bank and the client,
• Life insurance covering 100% of the loan value in favor of CBA (Insurance premiums are paid by the borrower yearly at the Insurance Company as per one-year contracts signed with them),
• CASCO Insurance covering 100 % of value of the car serving as collateral for CBA,
• Property insurance (fire&earthquake)covering 100 % of market value of the property used as collateral in favor of CBA.
• Evaluation cost of the property by the authorized evaluator from CBA.
• Legal cost from USD 150 to USD 200.