The Bank offers a wide-range of credit products supposed to fit with the existing or future demands of the economy and its customers. CBE extends short, medium and long terms loans and advances to borrowers who are engaged in commercial and non-commercial activities.

The redesigned Credit Process are customer focused service rendering, and team based credit processing.

General Eligibility Criteria

All customers applying for any type of loan/facility must fulfill the following general eligibility criteria:

All persons engaged in lawful trading activities and creditworthy business(es) is/ are eligible to borrow business loans.

The business credit applicant should present renewed trade license for the current fiscal year or investment license and principal registration certificate for new projects.

All applicants who are engaged in business must present a tax identification number /TIN/.

The applicant and/or any of its shareholders/subsidiaries shall have no record of previous loss to the Bank. To that effect, internal records shall be thoroughly checked. The applicant’s shareholders shall represent all shareholders in case of PLC while major shareholders /top ten/ in case of Share Company.

The applicant must have never been engaged in tax evasion, or in a breach of exchange and control regulations, or in any other illegal/unlawful dealings, if the information is available/the circulated record is available.

The applicant must not have any record of mal-operation of the checking account in the banking system until the rehabilitation period is expired.

The Management Information Service Team is responsible to collect, compile, and provide the information when requested, for the above mentioned information under No. 5, 6 and 7. To this effect, the Customer Relationship Manager, or Loan Recovery Officer, as appropriate shall be responsible to request the information from the Management Information Service Team along with each credit information request.

The applicant shall fulfil at least the required minimum equity contribution but not from debt financing.

The applicant and/or any of its major shareholders/subsidiaries must not have any non-performing loans in any bank

The applicant has to present all the documents/information demanded by the Bank.

The applicant's business must be legally acceptable, financially viable, technically feasible and marketable.

The applicant must be classified as Grade 1 or 2 or 3. However, in exceptional cases, new or additional credit may be considered for other Grades.

The customer has to fulfil the specific eligibility criteria for each loans and advances indicated in the credit product line.


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