Make your investments work harder for you
your personal liquidity position with no restrictions
currency options to choose from – USD, GBP, Euro and NGN
your portfolio returns and hedge risks
Obtained against financial assets held with and acceptable to the bank up to a percentage of their prevailing market value.
Freedom to pay off amounts withdrawn either partially or in full and at any time during the tenor of the loan facility.
Attractive lending rates are applied only to funds utilised.
Wealth Lending is a credit facility provided against financial assets held with and acceptable to the Bank up to a percentage of their prevailing market value.
Fixed Deposits, Mutual Funds, Treasury Bills and Bonds
USD, GBP, EUR, NGN
Wealth lending offers fixed term loans up to a maximum term of 12 months. Your available credit limit under this facility will be determined based on a range of factors such as the type of financial assets you use as security together with their prevailing market value and the concentration of the financial assets within your portfolio held with the Bank.
The credit limit available to a Borrower is subject to the Bank’s internal assessment and valuation and may be reviewed from time to time.
The loan to value ratio (LTV) is determined by the bank’s internal assessment and valuation of your financial assets or investment portfolio and it determines the credit limit that will be available to you. The LTV may be reviewed from time to time.
The minimum is $500 (and it’s equivalent in other currencies) whilst the maximum is $1,000,000 (and it’s equivalent in other currencies).
Like other financial products, Wealth Lending is also subject to market risk, interest rate risk, foreign exchange risk, upfront leverage risk, change in loan to value ratio (LTV) risk and regulatory risk. Please refer to Risk Disclosures document for some of the risks associated with Wealth Lending.
Depending on market conditions, the value of your collateral may fall. You may then be called upon to “Top-up” your account by substantial amounts, or to repay your outstanding Facility at short notice. If you fail to do so, the Bank may have to liquidate your collateral at a loss to repay any amount outstanding. You would remain liable for any amounts still owing.
The interest rate of your credit facility may increase, resulting in a higher interest payment amount for the facility. An increase in interest rate will in turn reduce the return on any investment.
Your Facility may be subject to additional foreign exchange risks, if it is taken in a different currency to that of your collateral. If the exchange rate moves against you, the repayment amount of your Facility may be affected.
While Wealth Lending with Leverage Financing can amplify potential investment earnings, it can also magnify potential losses. You could sustain losses that exceed the value of the original investment amount and the value of your collateral. Consider your appetite for losses before requesting for Leverage Lending.
The loan to value ratio (LTV) are subject to periodic review and may change within a short period of time. When the LTV of your collateral is reduced, you will need to have sufficient liquidity to reduce or repay your outstanding credit facility or pledge additional collateral as security for the credit facility.
A regulatory body may take action that has the effect of curtailing or placing restrictions on the Bank’s ability to trade with respect to open positions or lend against investments or life insurance policies. You may consequently be required to close, reduce or rebalance your pledged portfolio with the Bank.
Interest is calculated only on funds you have utilized and accrues daily.
We charge an upfront annual management fee of up to 1% on your credit facility.
Leverage Lending is a Secured Wealth Lending credit facility where your initial financing is leveraged upon for the purchase of an investment product. Leverage is available upon your application and subject to meeting suitability requirements.
Potential for accelerated capital growth: Leverage Lending provides you the potential to grow your wealth at an accelerated pace.
Potential losses can be magnified. Taking up leverage Lending to fund an investment – particularly one that is subject to market conditions – entails greater risk than funding an investment outright with your own cash.
A Secured Wealth Lending is a credit facility secured against the value of your portfolio of collateral with the Bank, any fall in its value would result in a reduction of the available credit limit under your credit facility. If the market value of the collateral falls below what the Bank considers to be adequate, a “shortfall”, “top up” or “sell down” Margin Trigger may occur depending on the extent of the fall, and your account needs to be rebalanced within a given time frame.
Your Margin Triggers will be determined based on the aggregate Loan to Value (“LTV”) of your portfolio which depends on the composition of your investments or investment portfolio.
*Subject to meeting the relevant terms & conditions
*Subject to meeting the relevant terms & conditions
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