News

Super Action at the “Keremet Bank”: bank guarantees from 999 soms

5 October 2020

“Keremet Bank” OJSC announces the action for bank guarantee rate reduction. The entrepreneurs and company managers can execute various types of bank guarantees on especially favorable terms - from 999 soms. It is conveniently that, this action applies to the previously opened documentary limits.

Currently the bank guarantee is the integral part of modern business, as well as the effective and economically advantageous alternative that can be used against the security deposit without freezing funds. Using bank guarantees in their work, any businessmen have advantages over their competitors.

“Keremet Bank” OJSC provides a wide range of bank guarantees subject to their purpose, terms and other   customer needs. Settlement account holders and depositors receive their bank guarantee in just a few hours. The Bank customers will be able to open and close various bank guarantees during the year, which saves time.

  • Action period — up to December 31, 2020 

Become the action participant and get bank guarantees at the “Keremet Bank” at reduced rates. The information on the conditions and procedure for providing bank guarantees for the action period can be received at the “Keremet Bank” sales points or at 24-hour call center by phone +996 (312) 55 44 44.

Reference

The bank guarantee is a document confirming the solvency of the company, for which the bank is ready to vouch and guarantees to fulfill money liabilities under the contract in case of failure to fulfill its conditions.

 Bank guarantee benefits:

  • minimizing any risks of non-fulfillment or improper fulfillment of liabilities under transactions;
  • ability to enter into new markets with minimal risk and costs;
  • low cost of services in comparison with the interest rates on commercial loans;
  • ability to operate with advance payments without the risk of incurring losses in case of unfair performance of the contract;
  • guaranteed performance of liabilities increases the likelihood of agreeing on more favorable price conditions;
  • potential for opening a credit line against bank guarantees at maturity without working capitalrelease;
  • opportunity to participate in government tenders and procurements, where a guarantee is the mandatory requirement.


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