Considering the volume, role and contribution of the SMEs, in the last two decades AB Bank has been patronizing this sector by extending credit facilities of different types and tenor. As of now 54% of the bank’s total loan portfolio is segmented to the SMEs which deserve all out attention in our plans, projections and forecasting.
As such the bank has emphasized on the following issues:
- To provide the best services to the SME sector
- To increase the SME portfolio of ABBL significantly
- To improve the quality of ABBL’s portfolio
SME Sectors in which AB Bank has participated so far:
- Agro machinery
- Poultry
- Animal Feed
- Dairy Product
- Fruit Preservation
- Hotel & Restaurants
- Garments Accessories
- Leather products
- Plastic product
- Furniture : Wooden & Metal
- Ink
- Paint
- Printing & Packaging
- Wire & Cable
- Aluminum
- Cement and Lime Plaster
- Clinics and Hospitals
- Engineering & Scientific Instruments
| Basic Terms |
|
Details of the product |
| Purpose |
: |
A loan facility for meeting regular as well as additional requirements of businesses; i.e. it will be part of working capital of the business. |
| Loan Amount |
: |
Maximum TK 500.00 lac |
| Determination of Limit |
: |
* Limit will be determined by the stock and/or volume of sales
* Maximum 80% of the stock value to be financed |
| Tenor |
: |
Maximum 3 (three) years |
| Repayment |
: |
Through EMI/ Lump sum |
| Security and/ or Collateral |
: |
(i) Hypothecation of stock and/or receivables
(ii) Registered mortgage of land & buildings and/or Tripartite agreement for shop and/or business premises and/or any other collateral |
| Basic Terms |
|
Details of the product |
| Purpose |
: |
It is long term finance for infrastructure development /capacity building etc.; i.e. term Loan for expansion & BMRE. |
| Loan Amount |
: |
Maximum TK 500.00 lac |
| Determination of Limit |
: |
* Loan amount will be maximum 80% of the proposed additional investment/ expenditure |
| Tenor |
: |
Maximum 5 (Five) years |
| Repayment |
: |
Through EMI
* Moratorium period: maximum 6 (six) months |
| Security and/ or Collateral |
: |
(i) Hypothecation of stock and/or receivables and/or machineries and/or furniture and fixture etc.
(ii) Registered mortgage of land & building and/or Tripartite agreement for shop or business premises or any other collateral. |
| Basic Terms |
|
Details of the product |
| Purpose |
: |
Double amount of loan against value of the savings instrument (ABBL FDR, DDS) to meet any type of business requirement |
| Loan Amount |
: |
TK 10.00 lac to TK 100.00 lac |
| Tenor |
: |
Maximum 3 (three) years |
| Repayment |
: |
Through EMI/ Lump sum |
| Security and/ or Collateral |
: |
(i) Hypothecation of stock and /or receivables
(ii) Lien of savings instrument (ABBL FDR, DDS) covering minimum 50% of loan size.
(iii) PG of the spouse of the borrower.
(iv) 1 (one) 3rd party guarantee |
| Condition |
: |
Deposit Instrument will not be released before adjustment of the loan |
| Basic Terms |
|
Details of the product |
| Purpose |
: |
Term loan for CNG Refueling conversion/ Light Engineering/ project finance (package deal including non-funded) |
| Loan Amount |
: |
Maximum TK 500.00 lac |
| Determination of Limit |
: |
* Loan amount will be maximum 90% of the value of the imported and/or locally procured machineries. |
| Tenor |
: |
Maximum 5 (Five) years |
| Repayment |
: |
Through EMI
* Moratorium period: maximum 6 (six) months |
| Security and/ or Collateral |
: |
(i) Hypothecation of machineries and/or stock
and/or receivables.
(ii) Registered mortgage of project land & building;
additional land (if required)
(iii) PG of the spouse of the proprietor / PG of the directors. |
| Basic Terms |
|
Details of the product |
| Purpose |
: |
Collateral free loan for working capital/fixed investment requirement |
| Maximum Loan Amount |
: |
Up to TK 10.00 lac
(For both Urban and Rural Branches) |
| Determination of Limit |
: |
* Limit will be determined by the stock and/or receivables or volume of sales.
* Maximum 80% of the stock and/or stock value to be financed |
| Tenor |
: |
Maximum 3 (three) years |
| Repayment |
: |
Through EMI/ Lump sum |
| Security and/ or Collateral |
: |
(i) Hypothecation of stocks and/or receivables and/or machineries/equipments etc. and/or furniture, fixtures and other moveable assets.
(ii) Personal guarantee of the spouse and/or other able family member(s) of the borrower.
(iii) Third party guarantee from a person acceptable to the Bank. |
| Basic Terms |
|
Details of the product |
| Purpose |
: |
Loan for new entrepreneur/ business.
(for working capital as well as fixed capital investment) |
| Loan Amount |
: |
Maximum TK 50.00 lac |
| Tenor |
: |
Maximum 3 (three) years |
| Repayment |
: |
Through EMI/ Lump sum |
| Security and/ or Collateral |
: |
(i) Hypothecation of stocks and/or receivables.
(ii) Registered mortgage of land and building and/or any other collateral
(iii) PG of the spouse of the borrower and/or able family member(s) |
| Basic Terms |
|
Details of the product |
| Purpose |
: |
A loan facility for meeting working capital requirement as well as fixed investment in businesses for women entrepreneurs |
| Loan Amount |
: |
Maximum: TK 2 Crore
(Collateral free maximum Limit is TK 25 lacs) |
| Determination of Limit |
: |
* Limit will be determined by the stock and/or volume of sales
* Loan amount will be maximum 80% of the proposed additional investment/expenditure |
| Tenor |
: |
Maximum 3 (three) years |
| Repayment |
: |
Through EMI/Lump sum/ continuous payment like OD |
| Security and/ or Collateral |
: |
(i) Hypothecation of stock and/or book debts
(ii) Registered mortgage of properties/ Tripartite agreement for shop or business premises.
(iii) PG of the spouse of the borrower; in case of unmarried customer, father/ mother or any other able family member |
|
