To apply for “SMART” Credit, the applicant must meet the following requirements:

Applicant Profile

• is a citizen of the Republic of Moldova, except for persons residing in localities that are not under the jurisdiction of the Republic of Moldova;
• has a permanent residence in the Republic of Moldova;
• is between 21 and 70 years of age, provided that the credit is fully repaid before reaching the age of 70.

Financial Situation

The applicant must have stable and permanent income, supported by relevant documents. The following income sources are accepted:

• monthly salary (minimum 6 months of employment at the current workplace);
• old-age pension;
• income from renting/lease of property;
• income from licensed/authorized professional activities;
• remittances (regular international money transfers);
• dividends or profit shares;
• freelance income, supported by relevant documents.

Credit History

The applicant must not have a negative credit history during the last 36 months, except for one instance of arrears of up to 60 days, in accordance with the Bank’s criteria.

Other Conditions

The applicant must:

• comply with the maximum permissible debt-to-income ratio;
• comply with the requirements regarding the debt service-to-income ratio (RSDV) applicable depending on the card type and credit amount;
• take into account the Bank’s maximum aggregate exposure for unsecured loans granted to members of the same family – MDL 450,000.

Interest Rate Structure

The interest rate for “SMART” Credit is determined based on the customer category and the terms applicable to the credit.

Fees

• Credit-related fees are applied in accordance with the Bank’s General Tariffs and the Tariffs for the Issuance and Use of Bank Cards.

Customer Categories

“Standard” Customer (Category I) – general conditions applicable to all applicants who do not fall into the categories below.

“Loyal” Customer (Category II) – customers with a positive credit history and proper payment behaviour.

“Preferential” Customer (Category III) – employees of companies participating in the Bank’s payroll project, companies operating within the IT Park, and public-sector institutions.

Representative Calculation Example

For “Standard” Customers (Category I)

For a credit of MDL 100,000 over 60 months, at an annual interest rate of 12.00% and an APR (DAE) of 12.69%:

• Indicative monthly payment: ≈ MDL 2,224.40
• Total amount repayable: ≈ MDL 133,467

For “Loyal” and “Preferential” Customers (Categories II and III)

For a credit of MDL 100,000 over 60 months, at an annual interest rate of 11.00% and an APR (DAE) of 11.56%:

• Indicative monthly payment: ≈ MDL 2,174.20
• Total amount repayable: ≈ MDL 130,455

The information above is indicative. The APR (DAE) and final amounts may vary depending on the credit disbursement date, how the credit limit is used, the grace period and the specific terms of the agreement.

For “SMART” Credit, the cost of credit may vary depending on how and for how long the credit limit is used.

The following documents are required for the assessment and granting of “SMART” Credit:

• Credit application form;
• Applicant’s identity document;
• Documents confirming income, where applicable;
• Documents confirming other sources of income, where applicable;
• Other documents requested by the Bank, depending on the applicant’s profile and the terms of the credit.

The list of required documents may vary depending on the source of income and the applicant’s individual circumstances. The Bank may request additional documents to verify the information provided.