Bank of Azerbaijan offers to its client various types of loans. Priority is given to clients with long record of cooperation with the bank, who have stable financial stand and positive credit history, as well as provide liquid collateral.
CORPORATE CUSTOMERS
Conditions of lending for corporate customers:
1. Borrower should be client of the bank for a period of not less than 6 months;
2. Track record of operations in the same sector for at least 12 months;
3. Not loss-making;
4. Collateral twice as much as the loan amount;
5. Ability to timely repay the principal amount and interest both from revenues from major area of operations;
6. Conformity of the submitted documents with existing legislation.
Clients meeting these requirements may come to the bank to fill in the loan application form. After which credit officers will interview the applicant. Final decision on whether to grant a loan or not will be taken by the authorized department of the bank after review of the submitted documents.

List of documents submitted by the corporate client:
1. Application;
2. Letter to the chairman of the bank;
3. Information of the manager and chief accountant of the company (in accordance with the format submitted by the bank);
4. Samples of signatures and stamps;
5.  License (if needed);
6.  Financial reports for the recent reporting period;
7. Copy of audit report;
8.  Copy of tax inspection report;
9. Copy of Charter and registration certificates, both notarized, extract from the register of commercial entities (Ministry of Justice);
10. Extracts of orders on appointment of manager and chief accountant;
11. Decision of the appropriate managing body or person empowered by the Founder(s) on borrowing;
12.  Business Plan;
13. Statement on account balances and debts in other banks;
14. Documents indicating the purpose of the loan;
15. Notice of the tax inspectorate for opening a loan account if the legal entity does not have a current account with the bank, if the current account is available then notice of the tax inspectorate on opening loan account is not needed.