A blank loan is a special form of lending, in which a bank’s customer takes a loan for a fairly large amount, without covering it with any assets or other material values. Such type of relationship between bank and customer is possible only as a result of long-term cooperation. This also requires perfect credit history of customer.
A blank loan, issued by a bank in the absence of property collateral (real estate, commodities or securities) on the part of debtor is always based on trust.
Loans issued by JSICB "Ipak Yuli" within the framework of “Express Micro” product can be categorized as blank loans.