Small and Medium Enterprises
19 | 06 | 2007
“General Loan Agreement” by UkrSibbank: possibility of simultaneous access to different loans for a long period of time
From now on, having concluded only one “General Loan Agreement” at JSCIB “UkrSibbank”, SME customers will be able to receive different types of loans during 11 years: to replenish current assets, to purchase equipment, car, etc. At the same time the type of loan, amount, period, interest rate, as well as lending and repayment details are determined by special Addendums
16 | 05 | 2007
2006 was the year to extend periods of loans for SME
“UkrSibbank” launched this process as early as in 2004 to 2005 by implementing long-term crediting to purchase real estate and considerably extending periods for all other loans on mortgage
14 | 05 | 2007
To open a credit line is reasonable when the frequent use of funds is needed
Each company independently decides which credit form to use. The Bank recommends using facilities, when it is working capital financing or business financing
25 | 04 | 2007
UkrSibbank’s SME portfolio makes up USD 1.5bln
In April, small and medium enterprises loan portfolio of JSCIB UkrSibbank grew up to USD 1.5bln, over March the SME portfolio growth amounts to USD101mln, and since the beginning of April we witness an increment equal to USD 57mln
24 | 04 | 2007
Decision speed is the main difference between express and micro credits
The main difference between express and micro credit is the decision speed. In case of Express Credit the efficiency is reached due to no-need of the collateral execution, accelerated approach in the borrower’s financial conditions analysis
16 | 04 | 2007
Business development loans in foreign currency are profitable under condition that additional expenses will not exceed the difference between the loan cost in UAH and in foreign currency
It is more expedient to draw a business development loan in foreign currency provided that the difference between the loan cost in the national and foreign currency is bigger than the additional expenses, which a customer will incur when purchasing or selling the currency resources under the loan
29 | 03 | 2007
UkrSibbank’s SME portfolio amounts to $B 1.4
Loan protfolio of the Small and Medium Enterprises Department of JSCIB «UkrSibbank» exceeded USD 1.4bln showing monthly growth of USD 100mln
13 | 03 | 2007
“UkrSibbank” has rendered $200 mln. for commercial cars purchase
Credit portfolio of the SME Department of JSCIB “UkrSibbank” on commercial car lending has topped $200 mln. More than 15000 entrepreneurs have been rendered a commercial car credit
19 | 02 | 2007
15 000 entrepreneurs have purchased their vehicles with “UkrSibbank’s” car loan
As of the beginning of 2007, “UkrSibbank’s” loan portfolio on car crediting program has exceeded $390mln. Over 15 000 entrepreneurs have already taken advantage of “UkrSibbank’s” car loans
14 | 02 | 2007
Loan Portfolio of SME Has Topped $1.3 bln at “UkrSibbank”
In early 2007, loan portfolio of the SME Department of JSCIB “UkrSibbank” has topped $1.3 bln, thus having been increased in the year 2006 by $996 mln
