Overdraft Loans – 1using proceeds on the basis of allowed current account overdraft by the Bank’s clients

Allowed Current Account Overdraft  - OVERDRAFT LOAN

Loan Purpose

- Liquidity financing
- Working  capital financing

Loan Amount

Up to  75% of average current account balance in previous there months or up to 25% of average monthly current account debit turnover in  previous three months

Currency

Dinars (without currency clause)

Interest Rate

Depending on the client’s size, cooperation with the  Bank and assessment of the client’s financial standing

Loan Repayment Term

6 months