SOME ASPECTS OF IDENTIFYING CREDITWORTHINESS IN CORPORATE LOANS IN UZBEKISTAN

Credit and equivalent operations are allocated to the customer who has a deposit account in the bank, according to his written application (order) on the basis of the contract and in compliance with the general principles of crediting. In some cases (financially stable, positive credit history and constant cash flow to customers, as well as for financing projects included in Government programs), lending through a secondary account opened at a Bank branch can be carried out only with the permission of the Main Bank's Credit Committee. Loans by the bank are repayable (with the obligation to repay the loan), term (for a certain period), solvency (based on the payment of fixed interest payments on the loan received), security (based on the provision of security for the requested loan funds) and purpose (based on the business plan, for a specific purpose) allocated on the basis of conditions.