Credit Facilities

Depending on customer needs, JSC VTB Bank may offer credit facilities in Russian Rubles or any foreign currency.

A credit limit (drawdown limit, limit of indebtedness and combination of these) shall be set depending on customer needs and on the basis of its solvency analysis, legal status, credit history with the Bank , project details, etc. To obtain credit resources from VTB, customers must have an account with the Bank, a favorable credit history (if customer has earlier borrowed from the Bank), and get a positive assessment of the project submitted by the customer.

Depending on customer needs, credit facilities may have or not have a limit of indebtedness. A credit granted under credit facility may be withdrawn in a lump sum or in parts, depending on the relative terms and conditions. 

The Bank may accept the following collateral for credit facilities:

• real estate, customer's fixed assets, inventory holdings, ownership rights;
• marketable securities of Russian and foreign issuers;
• guarantees of reliable banks or creditworthy enterprises; or
• debt securities of the Borrower's counterparties and other assets.

The collateral amount shall cover the principal amount of the loan, interest payable to the Bank, and other expenses incurred by the Bank when it is forced to sell the collateral.