A bank or other financial institution

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According to Article 1054 of the Civil Code of Ukraine, under a loan agreement, (lender) undertakes to provide funds (credit) to the borrower in the amount and on the terms established by the agreement, and the borrower undertakes to repay the loan and pay interest.

According to the content of Article 526 of the Civil Code of Ukraine, the obligation special database must be properly performed in accordance with the terms of the contract and the requirements of the Civil Code of Ukraine.

According to the rule of Article 610 of the Civil Code of Ukraine, a violation of an obligation is its failure to fulfill or fulfillment in violation of the conditions determined by the content of the obligation (improper fulfillment).

According to paragraphs 3 and 4 of part one of Article 611 of the Civil Code of Ukraine, in the event of a breach of obligation, legal consequences arise, established by the contract or law, in particular, payment of a penalty, compensation for losses.

In accordance with Part One of Article 612 of the Civil Code of Ukraine, a debtor is considered to be in default if he has not commenced performance of the obligation or has not performed it within the period established by the contract or law.

Therefore, for the proper fulfillment of the obligation, it is necessary to adhere to the terms (deadlines) specified in the contract, in particular regarding the payment of interest, and delaying the fulfillment of the obligation is its violation.