CKB

Lombard loans

  • Loan type: long-term loan.
  • Loan purpose: investments in fixed assets and working capital.
  • Repayment:
    • monthly /equal annuities or installments/,
    • quarterly /equal annuities or installments/,
    • maximum grace period: 6 months.

Product description

Purpose of Lombard loans is wide and they are generally used for investments in fixed assets and working capital. The collateral is pledge on securities.

The product is intended for all registered companies that meet the following criteria and requirements:


  • they must have an account with Crnogorska Komercijalna Banka AD,
  • they must ensure:
  1. all necessary financial information related to their operations,
  2. business plan, upon request,
  3. adequate and acceptable security instruments.

Product price

Product price, i.e. interest rate is determined on the basis of credit history, turnover on the account with CKB, collateral quality and value, etc.

How to apply for a loan?

To apply for this loan, one has to submit documents as specified in the Loan Instructions and formulate appropriate application. The application should include basic information on the company operations, future plans, and relations with major buyers and suppliers. Additionally, the application should specify the requested loan amount, period for which the funds are needed, loan purpose, as well as collateral that the company is willing to offer as security for the requested loan. It is important for the application to bear the signature of the authorized person and corporate seal.


The application, along with the necessary documentation, should be submitted at the Bank reception desk. After that, the application is going to the Client Adviser, who prepares proposal for the Credit Committee that brings decisions on received applications. Upon the completion of the decision-making process, the Client Adviser will inform the client on whether the application has been approved and upon which terms and conditions.

Information

You can get more details about the product by visiting nearest CKB branch or by calling the CKB Call Centre at 19894.