AIB Extends loans and advances to the following sectors:

• Domestic Trade and Services (wholesales & retail);
• Import & Export trade;
• Industry;Agriculture;
• Hotel & Tourism;
• Construction;
• Transportation Services;
• Small & Medium Enterprises;
• Education, Health, Personal Loans

     Required Documents for Credit Application

• Principal registration and Tax identification number (TIN).
• Renewed trade licenses.
• Tax clearance from government authorities.
• Investment license (if the applicant is involved in investment activities)
• Ownership certificate of collaterals (i.e.,LHC, Vehicle or machinery title deeds, original share certificate, guarantees both local and foreign, treasury bills, government bond)
• List of contract agreements at hand, letters of intent for previous performances for general contractors, and any type of suppliers business.
• Business proposal or feasibility study, construction permit, bill of quantities for project loan and expansions, etc,
• Memorandum & articles of association, if the borrower or the mortgage is a private limited company or share company, including clear power for the designated person to obtain loan and mortgage properties of the company.
• Partnership agreement, if the borrower business formation is partnership.
• Negarit Gazetta if the borrower is a public enterprise.
• Summary of stock at hand as of specific data.
• Pro-forma invoice/purchase agreement/for goods to be purchased i.e vehicles, machinery, equipment, furniture etc….,
• Financial statements, it should include Balance sheet, income statement and cash flow statement (Past and projected as appropriate), preferably audited statements.
• Power of attorney to sign loan contract, to pledge collateral as well as mortgage contract ,if any
• Copy of applicant identification card
• Copy of Marriage certificate
• Business plan. if required
• Other specific documents for the different credit facilities may be required ad deemed appropriate.