OREANDA-NEWS. Ukrsotsbank implements complex program of real estate developers financing, reported the press-centre of Ukrsotsbank.

Starting from January 1, 2008 the financing of accredited in Ukrsotsbank project will be limited, including at the same time:

limit on corporate crediting of a real estate developer or repurchase;
limit on loans to individuals;
limit on JSCB “Ukrsotsbank” investment, in some cases, and other additional options.

“The reason for the emergence of complex program funding is real estate developers need for an complex qualitative and professional services in one bank (from corporate crediting  of real estate developers to crediting of real estate buyers from the same developers),” explained Yevheny Barah. The general procedure of financing limit fixation will comprise:

accreditation of real estate developer and his project;
determination of financial instruments;
scheduling of real estate sales;
determination of bank monitoring instruments on the real estate developer` intended use of attracted funds.