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Criteria for Taking Decisions on Loan Application

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Criteria for Positive Decision-Making:

  • Your adequate creditworthiness according to assessment criteria set in bank's internal guidelines,
  • Trustworthy data and documents submitted to the bank,
  • Positive rating of your commitment and due diligence according to the outcomes of the credit history review and analysis,
  • Liquid collateral according to the criteria set by bank's internal guidelines as well as acceptable ratio of Loan-to-Value,
  • Well-validated purpose of the loan and business-plans.

Criteria for Declining a Loan Application:

  • Your inadequate creditworthiness according to assessment criteria set in bank's internal guidelines for assessment of borrowers' creditworthiness,
  • Unreliable data and documents submitted to the bank,
  • Negative rating of your commitment and due diligence according to the outcomes of the credit history review and analysis,
  • Badly justified purposes of the loan and unsupported incomes projected in business plans,
  • Other valid reasons which can affect the ability of the borrower to repay the loan.

 

Updated 01.10.2017 | 23:01:22