Construction of multi-apartment residential buildings in the “Yangi Uzbekiston” arrays
TERMS AND CONDITIONS
of loans to be provided to contracting organizations for the construction of multi-apartment residential buildings in the “Yangi Uzbekistan” residential areas, in accordance with the Decree of the President of the Republic of Uzbekistan dated 21 February 2025 № DP-26, “On additional measures for further development of the housing and mortgage markets”
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№ |
Indicator |
Terms and conditions |
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|
1 |
Borrower (Credit Recipient) |
Contracting organizations |
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|
2 |
Purpose of the credit |
Construction of multi-apartment residential buildings in the “Yangi Uzbekistan” arrays |
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|
3 |
Amount of the credit |
Determined based on the total project cost |
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|
4 |
Credit term |
Up to 24 months |
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|
5 |
Annual interest rate |
Central Bank base rate + 2 percent |
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|
6 |
Grace period |
Up to 12 months |
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7 |
Collateral |
Pledge of movable and immovable property |
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8 |
Credit currency |
National currency |
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9 |
Borrower’s equity participation |
Not less than 25% of the project value |
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10 |
Minimum contractor rating |
“C” |
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|
11 |
Source of funds |
Funds of the Bank (to be reimbursed for the issued loans by the Ministry of Economy and Finance) |
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|
12 |
Current status of the product (product is available; lending is open / closed) |
Open |
