This account is targeted at the Unions, Groups, and associations and is basically developed to augment working capital. Interest is charged at the lending rate.
Asset Leasing is a credit facility on household items. The bank finances the purchase while the customer pays over a period of time.The customer opens an account with the bank and contributes towards the cost of the asset.The interest rate is negotiable.
It is packaged to help fund LPO transactions from blue chips and reputable organizations.The interest rate chargeable is very competitive. Customers must have an existing current account with us to enjoy this facility.
Our Salary Advance package is meant to provide succor to the financial needs of those in full employment. It features an overdraft facility up to a maximum of 50% of net monthly salary is allowed.
WORKING CAPITAL ACCOUNT
It is available as short-term working capital for traders, businessmen and women, printers, and micro-businesses. Interest is charged at the prevailing market lending rate and on monthly basis. You must operate an account for at least one (1) month.