PROCREDIT BANK

Director: Jasper MENKEN Address: Rr. "Sami Frashëri" P.O. Box. 2395 Tiranë, Tel: 271272, /73, /74, /75 Fax: 271276 www.procredit.com

 

General Information about the Bank

MISSION  

Main provider of general banking services to enterprises and businesses all over Albania , ensuring an excellent customer service, objective products and a network all over the country. The Bank supports economic development in Albania by providing opportunities for business growth. To the public, the bank efficient bank services at very convenient tariffs.

The goal is to achieve a manageable return from investment, which can allow for expansion and development. The intention is to make the bank an open, pleasant and professionally ambitious work environment.

CHARACTERISTICS OF THE BANK

BANK'S TEAM

The bank has a management team, which is trained in the West and also European Managers. Our credit analysts have the required qualifications to rapidly evaluate a customer's potential to get a loan. The relationship between customer and analyst is a close partnership and Albanian businessmen will always find a supportive and professional partner. The Bank's High Management Team consists of qualified professionals with significant crediting and bank experience gained abroad. They are trying to establish European culture banking standards and organizational.

CORRESPONDENT BANKS

MICRO CREDIT

Give wings to your business, increase your inventory, and buy new equipment and machinery by choosing one of the crediting options from ProCredit Bank. ProCredit Bank will cooperate with you to find the best solution for your business.

Conditions:

Amount: from 200 to 10.000 EUR  (or equivalen in USD or Lek).
Term:     up to 2 years if the destination is work capital
            Up to 5 years if destination is investment in fixed assets

Documentation:

Your passport, co-responsible and/or personal guarantor,
Property ownership documents and documents regarding activity,

(No license for ongoing year is required for amounts up to 5.000 EURO).

Required guarantees:

Collateral on fixed assets or personal goods combined with co-responsible and/or personal guarantor.
Within one week the money is in your hands . ?

Guaranteed Professionalism and confidentiality.
Flexibility in required guarantees

(Mortgage is not always a necessary condition).

Individualized solutions according to the customer's special characteristics.

Interest rate reductions when:

You are not a new client.
Use other services provided by the bank.

Just call and you will get information about the amount you can be credited and monthly premium you will pay.

BUSINESS LOANS

In ProCredit Bank we are willing to have a sound relationship with you, i.e. we will spend time to listen to you and understand your business. We will work together to find the best solution to your business.

ProCredit Bank finances amounts from 10.000 to 1,5 milion EUR
(Or equivalent in USD) with a term up to 5 years.

Documentation:

Your passport, co-responsible and/or personal guarantor,
Property ownership documents and documents regarding activity,

Required Guarantees:

Collateral on fixed assets or personal goods combined with co-responsible and/or personal guarantor

Rapid an non-bureaucratic procedure ? ?
Guaranteed Professionalism and confidentiality.
Individualized solutions according to the customer's special characteristics.
Guarantee estimated from bank expert at no expenses for you  

Interest rate reductions when:

You are not a new client.
Use other services provided by the bank.
Guarantee offered is above 150 % of loan.

LOANS FOR SCHOOLING

PRO AGRO

ProCredit Bank is one of the only banks giving agricultural loans and you may use all products and advantages our bank offers. Customers must have 2 different income sources (e.g. agriculture and livestock). They must have at least 1 year of experience in agriculture and with cultures they want to plant. They must be willing to provide the required economic information.

Documentation:

Your passport, co-responsible and/or personal guarantor,
Property ownership documents and documents regarding activity (if any),
Income confirmation (if any)

No notarized documents required, contracts are not notarized      

All analysis is made from bank specialist free of charge

Required Guarantees:

Collateral on fixed assets or personal goods (land, house, equipment, machinery, etc.).
Up to 1.000.000 lek no mortgage required

The loan may be used for various purposes:
Agricultural machinery,
Household utilities,
House, etc.

Payment of premium according to your seasonal possibilities
Flexibility in required guarantees and documentation 
Very rapid procedure – In a week the money is in your hands

We offer agriculture similar conditions with other loans, although agricultural loans have higher administrative costs.

Preferential conditions when:

Loan is requested from several persons together
Customers uses other services of our bank

Last but not least:

PRO EXPRESS

Within 24 hours a loan of up to 300.000 lek in your hands,

Just your passport or a simple certificate and you may get a loan of up to 300.000 lek (or equivalent in USD or Euro) to meet your needs and within 24 hours you will be able to withdraw the money you have been awarded by this loan.

Maximum term for using the loan is 2 years

Amount of loan	Payment term	Monthly premium
50,000 Lek	8 months	7,000 Lek
200,000 Lek	12 months	19,300 Lek
300,000 Lek	18 months	20,700 Lek

PRO CONSUMPTION

Loans for everybody and everything

Amount of loan	Payment term	Monthly premium
80,000 Lek	12 Months	7,800 Lek
350,000 Lek	18 Months	23,700 Lek
1,000,000 Lek	24 Months	53,900 Lek

Conditions :

In case your incomes come from your salary you must have been employed for at least 6 months
In case your incomes come from your business, your business must have been active for at least 6 months.

Documentation:

• Copy of passport
• Incomes confirmation
• Copy of job contract
• Confirmation from social insurances (if applicable)

At ProCredit Bank you may get a loan for everything!

Very rapid procedure. (within 48 hours the money is in your hands).
We offer the best interest rates in the market.
Mortgage is not a necessary requirement.

Guarantees

No guarantee required for up to 300,000
For above 300,000 lek collateral on fixed assets or personal goods combined with co-responsible and/or personal guarantor

PRO HOUSE

All of you having sustainable incomes from employment or business may get loans for houses.
ProCredit Bank finances your purchase up to 70% of the price for the house.
We also finance construction, reconstruction of your present huouse. 

Credit Period up to 10 years

Documentation:

• Your passport, co-responsible and/or personal guarantor
• Family certificate
• Documents for house to be reconstructed/purchased

In case your incomes come from your salary :

Incomes confirmation

• Copy of job contract
• Confirmation from social insurances (if applicable
  
  In case your incomes come from your business:
  
  Property ownership documents and other relevant documents for your activity

Guarantee

The guarantee offered is 150 % loan value of which 100% as mortgage

LOANS FOR CARS

OVERDRAFT

Overdraft for business 

• It Is a rapid and comfortable form of loan for businesses, which enables you to successfully cope with short-term liquidity difficulties.
• The maximum amount of overdraft for business approved by ProCredit depends on the payment capacity of your business.
• The account holder only pays interest for as long (days) as he uses the money and for the amount used, i.e. for as long as his account is uncovered.
• The maximum term for using the money is 6 months. If the Overdraft is related to Bank Guarantees or Credit Bonds with a 6-month maturity, its maturity may apply to the overdraft.

Overdraft for salaries 

• It is a very comfortable and non-bureaucratic form of credit offered to all individuals withdrawing their monthly salaries through their accounts with ProCredit Bank.
• The amount, which can be automatically credited from ProCredit Bank is up to 90% of net salary to be transferred to this account.
• The account holder only pays interest for the time he uses the money and for the amount used.

E.g . A person's net monthly salary 30.000 lek. The institution he works for pays salaries on the 29 th of each month. The person needs 20.000 lek on the 22 nd of the month. Overdraft on salaries allows him to withdraw on the 22 nd up to 27.000 lek. Interest on this overdraft will only be paid on the withdrawn sum, 20.000 lek and on the days of its settlement, 7 days (22-29)

Customer's Overdraft

This Overdraft is offered to all employees, who do not benefit from the Overdraft on salaries:

• Employees whose salaries are not paid through ProCredit Bank accounts.
• Employees in companies or institutions whose salaries are directly paid in their ProCredit Bank accounts but there is no agreement between company or institution and our bank to offer Overdraft for the staff in tnis institution or company.

It is always issued to two persons, customer and guarantor.
The maximum term for using the money is 6 months.
The guarantee is 100% of approved Overdraft.

International services.

Bank transfers

Transfer within the country and abroad.

Contemporary technology through SWIFT international communication system - 100% guarantee for your transfers.

Qualified personnel, always willing to respond to your specific needs.
Speed, safety, accuracy, gained time and controlled risk.
Access in a network of 5000 correspondent banks all over the world through Commerzbank.

Complete confidentiality for all information about your transfers

How can you send money through ProCredit Bank?

If you wish to send money to your benefit abroad, ask that his bank is provided with this information:

Amount and currency to be transfered: ____________________

Beneficiary's bank:                                                    

ProCredit Bank, Tirana , Albania

SWIFT code for ProCredit Bank:                        FEFAALTR

Beneficiary's first and last name:     ______________________

Beneficiary's account nr (in case you have one with ProCredit Bank):___                                 

Beneficiary's passport nr:___________

Loan Bonds

When you pay for goods you import, you assume a series of risks:

·        Will your goods, machinery or equipment reach Albania ?

·        Will they be there in time?

·        Will they be of the same quality as the ones you really ordered?

·        What if they are damaged?

In order to prevent similar situations from damaging your business and reputation with third parties you must only ask ProCredit Bank to issue a loan bond:

-   Your loan bond allows you to make payments for the goods or machinery you have ordered, only after you possess the required documentation confirming their quality, quantity and shipment.

• Your money is deposited with ProCredit Bank and remains there until you have possession of documentation you have required.
• ProCredit Bank executes payment only after You have confirmed that the documentation you have received is appropriate and conforms to your request.
• On the other hand, the value of your money is not lost
• ProCredit Bank offers equal interest rate with deadline deposits for the amount of money deposited.
•  Loan bonds issued from ProCredit Bank are accepted all over the world – they are confirmed from first class banks with high reputation, like Commerzbank.

BANK GUARANTEES

For more safety and support in your relations with third parties, ProCredit Bank offers several types of bank guarantees:

• Guarantee for participation in tender:
• Offer insurance
• Contract insurance
• Advance payment guarantee

Cashtronic card

By means of this card you may withdraw cash in all ATM counters (Automatic Teller Machine), check the amount of money in your account, get a printed copy of it. 24 hours service. No costs for cash tronic . No cost for getting a cash tronik card . You will find Information on cash tronik in: tel 04 230 499 ose me e-mail cashtronik@procreditbank.com.al