Properties in Auction

Addressed to every interested people to participate in any of the following auctions, We are pleased to invite you at UBA Bank premises, with contact details shown as below:

  • “Dritan Hoxha” Str., Buiding 11, Entrance H.3, Postal code 128, Tirana, Albania.
  • Tel.: +355 4 240 4575/6/7
  • E-mail:  This email address is being protected from spambots. You need JavaScript enabled to view it.This email address is being protected from spambots. You need JavaScript enabled to view it..
Documents required in case of auction participation: 
  • Valid Identification Document;
  • 10 % of the auction value verified through the payment order receipt. 
AUCTIONS IN PROCESS
Property 1:
Property for sale (garage) with Surface. 30 m2, with mortgage registered with No. 52/92/ND-G2, in the Cadastral Zone No. 8518, Vol 41, localized at L." No.13 ", Beach, Durres.
Price: Very favorable
Publication date: 04/09/2015
Contact:
  • Bailiff Office: ZIG Bailiff Office
  • Address: “Kavaja “Str., G.KAM Business Centre, 5th Floor, Tirana.
  • Tel: 4 222 8468; Cell: 0682088824
Property 2:
Apartment for sale with Surface 89.22 m2, with mortgage registered with No. 59/92/ND+1-21 at the Cadastral Zone No. 8518, Vol 41, localized at L." No. 13 ", Beach, Durres.
Price: Very favorable
Publication date: 04/09/2015
Contact:
  • Bailiff Office: ZIG Bailiff Office
  • Address: “Kavaja “Str., G.KAM Business Centre, 5th Floor, Tirana.
  • Tel: 4 222 8468; Cell: 0682088824
Property 3:
Apartment for sale with Surface 89.22 m2, with mortgage registered No. 59/92/ND+1-35, at the Cadastral Zone 8518, Vol 41, localized at L." No.13 ", Beach, Durres.
Price: Very favorable
Publication date: 04/09/2015
Contact:
  • Bailiff Office: ZIG Bailiff Office
  • Address: “Kavaja “Str., G.KAM Business Centre, 5th Floor, Tirana.
  • Tel: 4 222 8468; Cell: 0682088824
Property 4:
Apartment for sale with Surface 88.75 m2, with mortgage registered with No. 59/92/ND+1-36, at the Cadastral Zone 8518, Vol 41, localized at L." No.13 ", Beach, Durres.
Price: Very favorable
Publication date: 04/09/2015
Contact:
  • Bailiff Office: ZIG Bailiff Office
  • Address: “Kavaja “Str., G.KAM Business Centre, 5th Floor, Tirana.
  • Tel: 4 222 8468; Cell: 0682088824
Property 5:
Apartment for sale with Surface 88.27 m2, with mortgage registered No. 59/92/ND+1-44, at the Cadastral Zone 8518, Vol 41, localized at L." No.13 ", Beach, Durres.
Price: Very favorable
Publication date: 04/09/2015
Contact:
  • Bailiff Office: ZIG Bailiff Office
  • Address: “Kavaja “Str., G.KAM Business Centre, 5th Floor, Tirana.
  • Tel: 4 222 8468; Cell: 0682088824
Property 6:
Apartment for sale with Surface 89.22 m2, with mortgage registered with No. 59/92/ND+1-56 at the Cadastral Zone 8518, Vol 41, localized at L." No.13 ", Beach, Durres.
Price: Very favorable
Publication date: 04/09/2015
Contact:
  • Bailiff Office: ZIG Bailiff Office
  • Address: “Kavaja “Str., G.KAM Business Centre, 5th Floor, Tirana.
  • Tel: 4 222 8468; Cell: 0682088824
Property 7:
Property for sale (garage) with Surface 18 m2, with mortgage registered with No. 59/93/ND-G4, at the Cadastral Zone 8518, Vol 41, localized at L." No.13 ", Beach, Durres.
Price: Very favorable
Publication date: 04/09/2015
Contact:
  • Bailiff Office: ZIG Bailiff Office
  • Address: “Kavaja “Str., G.KAM Business Centre, 5th Floor, Tirana.
  • Tel: 4 222 8468; Cell: 0682088824
Property 8:
Property for sale (garage) with Surface 30.20 m2, with mortgage registered No. 59/93/ND-G7, at the Cadastral Zone 8518, Vol 41, localized at L." No.13 ", Beach, Durres.
Price: Very favorable
Publication date: 04/09/2015
Contact:
  • Bailiff Office: ZIG Bailiff Office
  • Address: “Kavaja “Str., G.KAM Business Centre, 5th Floor, Tirana.
  • Tel: 4 222 8468; Cell: 0682088824
Property 9:
Unit for sale with Surface 69.74, with mortgage registered with No. 59/93/ND/-N1, at the Cadastral Zone 8518, Vol 41, localized at L." No.13 ", Beach, Durres.
Price: Very favorable
Publication date: 04/09/2015
Contact:
  • Bailiff Office: ZIG Bailiff Office
  • Address: “Kavaja “Str., G.KAM Business Centre, 5th Floor, Tirana.
  • Tel: 4 222 8468; Cell: 0682088824
Property 10:
Apartment for sale with Surface 89.24 m2, with mortgage registered with No. 59/93/ND+1-18, at the Cadastral Zone 8518, Vol 41, localized at L." No.13 ", Beach, Durres.
Price: Very favorable
Publication date: 04/09/2015
Contact:
  • Bailiff Office: ZIG Bailiff Office
  • Address: “Kavaja “Str., G.KAM Business Centre, 5th Floor, Tirana.
  • Tel: 4 222 8468; Cell: 0682088824
Property 11:
Apartment for sale with Surface 72.16 m2, with mortgage registered with No. 59/93/ND+1-20, at the Cadastral Zone 8518, Vol 41, localized at L." No.13 ", Beach, Durres.
Price: Very favorable
Publication date: 04/09/2015
Contact:
  • Bailiff Office: ZIG Bailiff Office
  • Address: “Kavaja “Str., G.KAM Business Centre, 5th Floor, Tirana.
  • Tel: 4 222 8468; Cell: 0682088824
Property 12:
Unit with total surface 50.6 m2, with property no 5/45 + 1 – N1, Z.k.8532, Vol 2, Page 235, localized at Konferenca e Pezes Neighborhood, Fieri city.
Price: Very favorable
Publication date: 06/10/2015
Contact:
  • Bailiff Office: Speed Solutions 
  • Address: Gjergj Fishta Blv., Tower 1, 2nd-Floor, No. 3, Tirana.
Property 13:
Unit with total surface 66.1 m2, with property no 5/613, Z.k.8532, Vol 32, Page 110, localized at Konferenca e Pezes Neighborhood, Fieri city. 
Publication date: 06/10/2015
Contact:
  • Bailiff Office: Speed Solutions 
  • Address: Gjergj Fishta Blv., Tower 1, 2nd-Floor, No. 3, Tirana.
Property 14:
Apartment with total surface 124.36 m2, with property no 5/561 + 1 – 66, Z.k.8532, Vol 25, Page 210, localized at Konferenca e Pezes Neighborhood, Fieri city.
Publication date: 06/10/2015
Contact:
  • Bailiff Office: Speed Solutions 
  • Address: Gjergj Fishta Blv., Tower 1, 2nd-Floor, No. 3, Tirana.
Property 15:
Property for sale (unit suitable to be used for business activity (shop); with mortgage-registered with Vol. 23, page 116, total surface 284 m2. The property is located at “Mihal Grameno" Str., near Tirana city center.
Price: Very favorable
Publication date: 15.07.2013
Contact:
  • Bailiff Office: Bailiff Services Matani & Co.
  • Address: “Themistokli Germenji” Str. behind Albanian National Television, “Saltik” Flat, 2nd floor, Tirana.
  • Tel: 4 2270935; Cell: 0683800084
Property 16:
Property (building) for sale with mortgage-registered with No. 158/3, Vol. 3, Page 37, at Cadastral Zone 2929, Vlora.
The building is composed of three floors, with base surface 832 m2 and also with land total surface of 832 m2 located in Peshkepi, Vlora–The Leather Factory.
Price: very favorable
Publication date: 22/10/2013
Contact:
  • Bailiff Office: ZIG Bailiff Office
  • Address: “Kavaja “Str., G.KAM Business Centre, 5th Floor, Tirana.
  • Tel: 4 222 8468; Cell: 0682088824
Property 17:
Property for sale with mortgage-registered with No. 213/1, Vol. 9, Page 147, at the Cadastral Zone 2891, Patos–Fieri. The property is forest, with total surface 12.000 m2.
Price: Very favorable
Publication date: 22/05/2014
Contact:
  • Bailiff Office: Shkrela Bailiff Office
  • Address: George W. Bush Str., near the Corporate Tax Payments Office, 1st floor, Tirana.
Property 18:
Property for sale with mortgage-registered with No. 508/1, Vol. 9, Page. 152, at the Cadatral Zone 2891, Patos–Fieri. The property is forest, with total surface 5.900 m2.
Price: Very favorable
Publication date: 22/05/2014
Contact:
  • Bailiff Office: Shkrela Bailiff Office
  • Address: George W. Bush Str., near the Corporate Tax Payments Office, 1st floor, Tirana.
Property 19:
Property for sale with mortgage-registered with No. 216/1, Vol. 9, page 145, at the Cadatral Zone 2891, Patos–Fieri. The property is forest, with total surface 9.300 m2.
Price: Very favorable
Publication date: 22/05/2014
Contact:
  • Bailiff Office: Shkrela Bailiff Office
  • Address: George W. Bush Str., near the Corporate Tax Payments Office, 1st floor, Tirana.
Property 20:
Property for sale with mortgage-registered with No. 483/1, Vol. 9, Cadastral Zone 2891, Patos–Fieri. The property is forest, with total surface 6.100 m2.
Price: Very favorable
Publication date: 22/05/2014
Contact:
  • Bailiff Office: Shkrela Bailiff Office
  • Address: George W. Bush Str., near the Corporate Tax Payments Office, 1st floor, Tirana.
Property 21:
Property for sale (unit suitable to be used for business activity), With total surface 32 m2, located at “Bill Klinton" Str. in Selita, Farka Comune, Tirana. The property belongs to Cadastral Zone 3292, with No. 106/79-N 4, Vol. 18, page 209.
Price: Very favorable
Publication date: 09/12/2014
Contact:
  1. Bailiff Office: Bailiff Services Matani & Co.
  2. Address: “Themistokli Germenji” Str. behind Albanian National Television, “Saltik” Flat, 2nd floor, Tirana.
  3. Tel: 4 2270935; Cell: 0683800084
Property 22:
Unit for sale with surface 667m2 dhe land 3650m2, suitable to use for business activity, located in Patos, at “Naftetari” Str. Fieri city. The property belongs to Cadastral Zone 2890, with No. 7/ 124.
Price: Very favorable
Publication date: 09/12/2014
Contact:
  • Bailiff Office: Bailiff Services Matani & Co.
  • Address: “Themistokli Germenji” Str. behind Albanian National Television, “Saltik” Flat, 2nd floor, Tirana.
  • Tel: 4 2270935; Cell: 0683800084

Propertis for Sale

Properties for sale

Property 1

Two Units and one land + building, that are functioning as one service unit, located in Konferenca e Pezes neighborhood, Fier. The property is made of one total unit with total registered surface 10.9 m2 (with Property no. 5/44-N4 and Property No. 45+1-N1) and the land with total registered surface 77.5 m2 with property no. 5/613, out of which 66.1 m2 are representing building.

Price: Negotiable

Publication date: 17/12/2015

Update: 17/12/2015

Property 2

Unit with registered surface 54.3 m2 and with property No.5/44-N4, Vol. 15, Page 196, cadastral zone 8532; localized at Konferenca e Pezes Neighborhood, Fieri city.

Price: Negotiable

Publication date: 06/10/2015

Property 3

Land and 2-floors building, with total surface.198 m2 and property no. 3/147, located at 8531 cadastral zone, at 1 Maji neighborhood, in Fieri city.

Price: Negotiable

Publication date: 03/09/2012

Update: 10/07/2013

Property 4

Land with total surface 1687 m2, with property no. 1/32, vol.3, page 12, located near a wonderful tourism area, near Cuka canal (beach area), in Saranda city.

Price: Negotiable

Publication date: 29/09/2011

Update: 01/04/2013

Property 5

Land + 2 floors building, with total surface 300 m2, with property no. 7/244, vol.19, page 115, 15 Tetori neighborhood, ex (former) warehouse collection , in Fieri city.

Price: Negotiable

Publication date: 29/09/2011

Update: 01/04/2013

Property 6

Basement with total surface 810.2 m2, with property no 8/82-B1, Z.K 8531, located at "Kryengritja e Fierit" neighborhood, in Fieri city.

Price: Negotiable

Publication date: 19/06/2012

Update: 01/04/2013

Property 7

Object with total surface 276 m2, with property no 8/268, Z.K 8531, located at "Kryengritja e Fierit" neighborhood, in Fieri city.

Price: Negotiable

Publication date: 19/06/2012

Update: 01/04/2013

Property 8

Land + building with total surface 333 m2, from which 240 m2 are representing building with property no. 8/48, vol.14, page 134, Z.K 2890, in Patos, Fieri City.

Price: Negotiable

Publication date: 19/06/2012

Update: 01/04/2013

Property 9

Field with total surface 5096 m2, with property no. 29/10-N1, vol.4, page 53 ZK 2636, in Mbrostar, Fieri city.

Price: Negotiable

Publication date: 19/06/2012

Update: 01/04/2013

Property 10

Field with total surface 2250 m2, with property no. 162/47, vol.7, page 62, ZK 3974, located in Picar, in Tirana city (the capital of Albania).

Price: Negotiable

Publication date: 19/06/2012

Update: 28/09/2012

Property 11

Field with total surface 1750 m2, with property no. 183/20, vol.7, page 65, ZK 3974, located in Picar, in Tirana city (the capital of Albania).

Price: Negotiable

Publication date: 19/06/2012

Update: 28/09/2012

Property 12

Apartment, with total surface 95 m2, with property no.  4/239+1-AE, ZK 8514, in Skenderbej neighborhood, in Durres city.

Price: Negotiable

Publication date: 19/06/2012

Update: 01/04/2013

Property 13

Apartment with total surface 65.55m2, 7-th floor, elevator available, located at the beach area, in Durres city.

Price: Negotiable

Publication date: 10.07.2013

Property 14

Shop (underground basement), with total surface 47m2, No.10, with property no. 27/123-B10, Vol. 21, page 83, ZK 8518,Tower 2, located near beach area at neighborhood no. 13, in Durres city.

Price: Negotiable

Publication date: 10.07.2013

Property 15

Land with total surface 7500 m2 + 65 m2, located near an industrial zone very appropriate for business development, near Mucaj (Vore) – Tirana. Mortgage property document features are as follows: property No. 1/1/9, Vol. 7, Page 165, located at the cadastral zone No. 2726.

Price: Negotiable

Publication date: 2012

If you would like to receive additional information, we are kindly inviting you to visit us at UBA Bank premises with address shown as below:

“Dritan Hoxha” Str, Building No.11, Entrance No. 8”, Postal Code 128, Tirana, Albania.

Or alternatively you may contact us through:

Tel.: +355 4 240 4575 / 6 / 7; and/or E-mail:  This email address is being protected from spambots. You need JavaScript enabled to view it.This email address is being protected from spambots. You need JavaScript enabled to view it..

Kredi Dokumentare

Letër Kredia është mënyra më e zakonshme për pagesën e mallrave dhe shërbimeve në marrëdhëniet tregtare. Letra e Kredisë përfaqëson detyrimin e bankës për t’i siguruar klientit pagesën që parashikon letra e kredisë pas përmbushjes së kushteve të kësaj të fundit. Letër kredia përdoret zakonisht kur partnerët e biznesit nuk e njohin njëri-tjetrin dhe dëshirojnë të eliminojnë riskun e biznesit.
Ne formen e saj me te zakonshme, nje Leter Kredie eshte nje dokument me te cilen nje banke zevendeson kredine e saj me ate te nje debitori tjeter. Struktura baze e nje letre kredie eshte nje zotim ligjerisht I detyrueshem nga “banka leshuese” per t’i paguar para nje pale te dyte (njohur si “perfituesi”) ne emer te nje pale te trete (njohur si “pala e llogarise” ose “hapesi”).
Pala e llogarise eshte iniciatori I transaksionit. Kushtet dhe afatet mbi te cilat percaktohet detyrimi i bankes do te jene specifikuar ne letren e kredise.
Nje transaksion leter kredie perfshin tre marreveshje:

  • Marreveshjen midis pales se llogarise dhe perfituesit qe shkakton perdorimin e letres se kredise.
  • Marreveshja midis pales se llogarise dhe bankes leshuese qe percakton detyrimet e tyre te perbashketa, perfshire ate pales se llogarise per te rimbursuar banken leshuese kur pagesat t’i jene bere perfituesit ne perputhje me kushtet e letres se kredise.
  • Marreveshja midis bankes leshuese dhe perfituesit (ne tekstin e letres se kredise) qe specifikon kushtet qe duhen plotesuar perpara se pagesat te jene bere.


Letër Kredi Eksporti
Shitësi (Përfituesi) është në cilësinë e eksportuesit. Banka e Bashkuar e Shqiperise, në cilësinë e bankës konsulente këshillon shitësin e Letër Kredisë p.sh. sipërmarrje me shkrim e bankës lëshuese për t’i paguar shitësit shumën e Letër Kredisë menjëherë pas përmbushjes së kushteve të parashikuara në Letër Kredi. Konfirmimi i Letër Kredisë nga Banka e Bashkuar e Shqiperise (bankë konfirmimi) në bazë të aplikimit të Bankës që lëshon Letër Kredinë përfaqëson përgjegjësinë e bankës konfirmuese (krahas përgjegjësisë së Bankës lëshuese) për t’i paguar shitësit shumën e Letër Kredisë (menjëherë pas plotësimit të kushteve).

Letër kredia mund të jetë e transferueshme dhe i jep mundësinë shitësit të transferoje të gjitha të drejtat dhe detyrimet që rrjedhin nga Letër Kredia (ose një pjesë të tyre) nënkontraktuesit të tij/saj (përfituesi i dytë). Banka lëshuese duhet të identifikojë në mënyrë të qartë një Letër Kredi të transferueshme. Transferimi i Letër Kredisë përdoret zakonisht nga kompanitë e biznesit ose kompanitë ndërmjetëse.

Letër Kredi Importi

Letër Kredi Importi – blerësi (aplikanti) është në cilësinë e importuesit. Në bazë të aplikimit me shkrim të Banka e Bashkuar e Shqiperise, si bankë lëshuese ofron me shkrim një sipërmarrje të parevokueshme në emër të blerësit, për t’i paguar blerësit shumën e Letër Kredisë menjëherë pas përmbushjes së kushteve të Letër Kredisë.

Përfitimet për Shitësin
Në rastin e një Letër Kredie të huaj, risku i bankës së huaj ose i vendit mund të eliminohet kur banka lokale konfirmon Letër Kredinë. Bazuar në ketë konfirmim banka konfirmuese merr përsipër të ekzekutojë pagesën pas plotësimit të kushteve të Letër Kredisë.
Pas njoftimit të bankës për hapjen e Letër Kredisë shitësi mund të bëjë dorëzimin e mallrave/ shërbimeve.
Mbrojtje ligjore nëpërmjet Praktikave Standarde Doganore për Kreditë Dokumentare, të lëshuara nga Dhoma Ndërkombëtare e Tregtisë në Paris Nr. 600/2007.
Përfitimet për Blerësin
Letër Kredia garanton blerësin se ai do të paguaje vetëm pas përmbushjes së kushteve të letër kredisë.
Letër Kredia bazohet në përzgjedhjen e duhur të dokumenteve të nevojshme, garanton blerësin se mallrat do të transportohen në kohën, cilësinë dhe sasinë e kërkuar.
Mundësi kombinimi me garancinë bankare të lëshuar nga banka e shitësit.
Mbrojtje ligjore nëpërmjet Praktikave Standarde Doganore për Kreditë Dokumentare, të lëshuara nga Dhoma Ndërkombëtare e Tregtisë në Paris Nr. 600/2007.

Si të procedojmë me aplikimin për Letër Kredi:
Aplikantët plotësojnë formularin për hapjen e Letër Kredisë dokumentare.
Blerësi dorëzon kopjen përkatëse të kontratës ose formularin e Letër kredisë.
Më pas banka lëshon Letër Kredinë dokumentare sipas udhëzimeve të parashikuara në formularin e aplikimit për hapje Letër Kredie dhe informon shitësin lidhur me detyrimet e tij me anë të një mesazhi SWIFT që i dërgohet bankës së shitësit.
Garanci Bankare:
Garanci tenderi
Garanci kontrate
Garanci Pagese
Garanci të tjera
Arkëtimi Dokumentar:
Përfaqëson mënyrën e kryerjes së pagesës për mallrat ose shërbimet. Përdoret në tregtinë e jashtme kur nuk është e mundur ose e përshtatshme lëshimi i Letër Kredisë dokumentare, por kërkohet nje garanci pagese më e madhe se garancia e pagesës së pastër.

Dokumentacioni i nevojshëm

  • Një historik i shkurtër i biznesit, dhe përshkrim i strukturës organizative të huamarrësit, përfshi aksioneret. Pershkrimi për 12 muajt e fundit duhet të jetë i detajuar.
  • Marrëveshje Partneriteti me kompani të tjera në Shqipëri ose jashtë për shitjen ose zhvillimin e produktit (nëse ka)
  • Pasqyrat financiare të biznesit të tre viteve të fundit dhe pasqyra e përkohshme financiare për vitin aktual (e audituar nëse është e mundur)
  • Plan biznesi aktual, duke përfshirë dhe prespektivat për të ardhmen si dhe analizën e faktorëve negative në biznesin respektiv
  • Dokumente që vërtetojnë origjinën e pronës që do të lihet ne hipoteke.
  • Çertifikatë e lëshuar nga institucioni i autorizuar ku konfirmohet që prona nuk është lënë ne hipoteke.
  • Vlerësimi i Kolateralit (konfirmuar nga vleresuesi i autorizuar)
  • Polica e sigurimit për pronën e lënë garanci.
  • Sigurimin e jetës së huamarrësit
  • Dokumente që tregojne detyrimet qe Huamarrësi ka ndaj bankave të tjera
  • Marrëveshjet ose kontratat me furnitorët ose konsumatorët

Loans for the Business

United Bank of Albania offers a wide range of loans and financings which can be combined to suit your commercial needs and your business. The bank is focused in financing of the small and medium enterprises (SME).

The bank offers several types of loans for the financing of different entities. Regarding the tenor, the bank offers short term loans (up to 1 year) and medium term loans (up to 5 years).

Financings for Small and Medium Enterprises (SME)

The SME loans are offered to the small and medium enterprises and are used to finance the needs for working capital and investments. These loans are offered in Leke, USD and Euro.

United Bank of Albania approves for the SME loans up to a maximum of 20% of sales.

In order to finance your activity, you can choose one of the following types of loans:

Business Loan – which can be withdrawn gradually or in a single tranche. In case when this loan is withdrawn gradually you determine a repayment schedule for each amount withdrawn. Through this product you can easily plan the cash flow in your company.

The maximal amount of this loan is Euro 400,000 and the maximal tenor is 5 years for purchase of machinery and other investments.

Terms and conditions

The borrower can be a commercial company which exercises its business activity for more tham 3 years and has an annual turnover which varies from 500,000 Euro up to 3,000,000 Euro. 

The borrower should fulfill the bank’s criteria in order to obtain the required amount of loan.

The borrower should have verifiable sources for the loan repayment – evidence of the capacity to fulfill the obligations deriving from loan, the capacity of repaying the loan along with its interests and commissions within maturity date and in accordance with the conditions agreed upon.

Security

The collateral should be liquid, cash or real estate, with a value of 140% of the loan amount. The machinery and equipment will not be accepted as collateral.

Credit line with bullet repayment:

The loan with bullet repayment is a credit line that United Bank of Albania offers to the borrowers to increase the working capital and finance purchase of goods. The repayment will be total in one tranche after the sale of goods.

Revolving loan for working capital:

Partial disbursements and revolving loans to serve to the working capital needs and finance the imports and exports. Term of repayment of each disbursement can vary depending on business cycle, always less than 1 year, renewable.

Letters of Credit and Letters of Guarantee Line:

Letters of Credit and Letters of Guarantee are credit lines which cover short term credit facilities (up to one year) which are used by the borrowers to increase the working capital and/ or guarantee the other party through opening Bank Guarantees or Letters of Credit to secure the financing of imports, exports and others.

Letters of Credit line- the Bank, through its correspondents abroad, undertakes to pay on behalf of the client on basis of the documents delivered in the bank; Letter of Credit helps in the trade relations with suppliers/ clients and it can be transformed in an overdraft line or a credit with maturity date.

Letters of Guarantee Line:- the bank guarantees the third parties, on behalf of the client (debtor), the payment of the obligation. 

Medium term financings:

Medium term financings can be given for a period of up to 5 years. Their purpose is financing of the purchase of equipment, new machinery, construction of warehouses and financing of development projects.

Conditions and criteria

The borrower should be a juridical subject operating in the Republic of Albania for a period of at least three years.

The following types of business are not eligible for our credit lines:

  • fate games/ gambling
  • tabacoo and alcoholic drinks
  • bars, restaurants, hotels, motels
  • political parties
  • pornografic activities, or similiar
  • trade and production of weapons.

The borrower should fulfill the criteria of United Bank of Albania also with regard to the purpose of loan.

The borrower should present evidence of the ability of loan repayment – proof of the capacities to fulfill the obligations deriving from loan, repayment of loan plus the interests and commissions within maturity term and as per agreed conditions.

Security

All types of acceptable security being agreed upon by both the client and the bank including instruments for applying lender’s rights.

Loan for Business Development

Apply for medium term loan for business development and the repayment of the loan will be done after developing works are finished.

This loan allows you to purchase tangible and intangible assets (real estates, machinery, technological line) their improvement, reconstruction and maintenance, purchase of technical expertise, financing of researches and financial investments.

The bank disburses the funds on basis of the customs documents and supplier’s invoices on basis of the signed contracts which ensure the investment plan for the approved loan and with a specified term of repayment.

The repayment of loans is done through the available funds usually in shape of monthly installments, and regarding to the investment plan, you can apply for a preferential tenor on basis of the principal which has to be repaid after completion of works.

Criteria for loan granting

Evidence of repayment capacity – is the proof of repayment ability which fulfills the obligations deriving from the loan, the repayment of principal along with interests and commissions within maturity and according to the conditions priorly agreed.

Purpose of loan – the bank grants the loan for a specific purpose related to the investments financing, purchase of fixed assets for the development of his business. The Bank does not grant loans for businesses which can jeopardize the public order, moral principles and other legal requirements.

The loan, including interests and commissions, should be sufficiently covered by the collateral.

The collateral that the bank usually requires:

  • Real estates, pledge over assets, securities and receivables,
  • Cash deposit in the bank
  • Bank guarantee.

Additional conditions can be requested depending on the nature of the loan, the collateral, type of business, trustworthiness and experience of the borrower.

The commissions of the loan:

  • The Interest: it is based on the cost of funds plus a profit margin. It is also depending from the amount of loan, risk profile of the client and total value of loan
  • Administrative expense: 1% of loan amount for a tenor of up to 1 year; 1.5% of loan amount for a tenor of 13 months till 36 months; 2% of loan amount for a tenor of 37 months till 5 years.
  • Basic Interest: yearly/ fixed.

Other administrative expenses/ legal/ documentation/ evaluation of collateral.


REQUESTED DOCUMENTS FOR JURIDICAL PERSONS:

  1. Duly completed loan application form of the Bank.
  2. Background of the Company and Balance Sheet for the past three years.
  3. Bank’s statement for the past year.
  4. Resolution of the Shareholders Assembly to recognize the Administrator or the person/s in charge to sign the loan Contracts or Securities Documents with the Bank and the right to act as party in Loan Contracts or  to act as third party guarantor.
  5. Act of Foundation and the Statute of the Company.
  6. Court decision for registration as a physical or juridical person or other applicable documents of registration with the authorities and licenses of business.
  7. Certificate issued by the taxation office (license) and all the other licenses required by the company to carry its commercial activity.
  8. Certificate of Good Standing issued by the Commercial Register Office, with the company data and current status of it .
  9. Clearance Certificate from taxation office.
  10. Identity documents and family certificates of shareholders and their spouses.
  11. Insurance coverage by Insurance Institutes of the building, the property mortgaged or the business.
  12. Certificate of Identification number for taxed person - NIPT.
  13. Bank Letter of Guarantee securing the facility repayment, if the case.
  14. Any other document deemed necessary by the bank, as case may be.


DOCUMENTARY CREDITS

A documentary credit represents a commitment of a bank to pay the seller of goods or services a certain amount provided he presents stipulated documents evidencing the shipment of goods or the performance of services within prescribed period of time.

The Letter of Credit is the most common way for payment of goods and services in the trade relationships. The Letter of Credit represents the bank’s obligation to ensure the payment which is stipulated in the letter of credit upon honoring of its conditions. The Letter of Credit is used usually when the partners do not know each other and wish to avoid the risk of the business.

A Letter of Credit, in its most common form, is a document with which a bank substitutes its credit with the one of another debtor. The basic structure of a letter of credit is a commitment legally binding of the “issuing bank” to pay a second party known as “the beneficiary” on behalf of a third party known as “the account party” or “the opener”.

The account party is the initiator of the transaction. The terms and conditions stipulating the bank’s obligation will be set out in the letter of credit.

A letter of credit transaction includes three agreements:

  1. The agreement between the party of the account and the beneficiary which causes the use of the letter of credit.
  2. the agreement between the party of the account and the issuing bank which determines their mutual obligations, including the one of the party of account to reimburse the issuing bank when payments are made to beneficiary in accordance with the terms and conditions of the letter of credit.
  3. The agreement between issuing bank and beneficiary (in the text of letter of credit) which specifies the conditions to be met before the payments are made.

Export Letter of Credit 

The Seller (Beneficiary) is in the quality of the exporter. United Bank of Albania, in the quality of advising bank, advises the seller of the letter of credit e.g. commitment in writing by the issuing bank to pay the seller the amount of letter of credit immediately after fulfillment of the conditions set out in the letter of credit. The confirmation of the letter of credit by United Bank of Albania (confirming bank) on the basis of the application of the issuing bank, represents the liability of confirming bank (aside the liability of issuing bank) to pay the seller the amount of letter of credit (immediately after conditions fulfillment).

The letter of credit can be transferable and gives to the seller the possibility to transfer all the rights and obligations deriving from the letter of credit (or a part of them) to his sub-contractor (second beneficiary). The issuing bank should clearly identify a transferable letter of credit. The transfer of letter of credit is usually used by the businessmen or the intermediary companies.

Import Letter of Credit

Import Letter of Credit – the buyer (applicant) is in the quality of importer. On basis of a written application at United Bank of Albania, as issuing bank, offers in writing an irrevocable commitment on behalf of the buyer, to pay the seller the amount of Letter of Credit immediately after fulfillment of letter of credit.

Benefits for the Seller

In case of a foreign Letter of Credit, the risk of the foreign bank or of the foreign country can be eliminated when the local bank confirms the Letter of Credit. Based on this confirmation the confirming bank commits to execute the payment after after fulfillment of the conditions of the Letter of Credit.

After bank’s notification on opening of the Letter of Credit the seller can make the delivery of goods/ services.

Legal protection through Standard Customs Practices for Documentary Credits, issued by the International Chamber of Commerce in Paris No. 600/2007.

Benefits for the Buyer

Letter of Credit guarantees the buyer that he will pay only after fulfillment of the Letter of Credit conditions.

The Letter of Credit is based on the right selection of needed documents and guarantees the buyer that the goods will be transported in the required time, quality and quantity.

Possibility to combine with the bank guarantee issued by the seller’s bank.

Legal protection through Standard Customs Practices for Documentary Credits, issued by the International Chamber of Commerce in Paris No. 600/2007.

How to apply for a Letter of Credit:

The applicants fill in the form of opening of documentary Letter of Credit.

The buyer delivers the relevant copy of the contract or the form of Letter of Credit.

Afterwards the bank issues the documentary Letter of Credit as per the instructions set in the application form for opening Letter of Credit and informs the seller about his obligations through a swift message sent to the seller’s bank.

Bank Guarantee: 

  • Bid Bond
  • Performance bond
  • Payment guarantee
  • Customs guarantee
  • Other guarantees
  • Documentary collection

It represents the way of payment for goods or services. It is used for foreign trade when it is not possible or appropriate the issuance of documentary Letter of Credit, but it is required a payment guarantee greater that the clean payment guarantee. 

Documents required

  • A short description of the business, of organizational structure of the borrower, including shareholders. A detailed description for the last 12 months is a necessity.
  • Partnership agreements in Albania or outside for the sale or development of the product (if any)
  • Financial statements of the business for the last 3 years (audited, if possible) and provisional financial statements for the current year.
  • Business plan, including the future projections as well as the analysis of negative factors in the respective business.
  • Documents proving the origin of the property which will serve as collateral.
  • Certificate issued by the respective authority confirming that the property is free of any charge or burden.
  • Evaluation of collateral (confirmed by the authorized appraisal).
  • Insurance policy of the collateral.
  • Life insurance of the borrower.
  • Documents showing the obligations of the borrower to third parties (banks included).
  • Agreements or contracts with the suppliers or consumers.  

Address

Adress: Rr. “Dritan Hoxha”,
Nd. 11, H. 3, Njesia Bashkiake Nr.7,
Postal Code 1023, PO Box 128,
Tirana,
E-mail: info@uba.com.al

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