| AFRIBANK FACILITY AGAINST CASH COLLATERAL |
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FACC is an initiative under the Afribank Consumer Solutions Package specialy designed to help subscribers meet immediate contractual goal. FAC is a short-term credit facility meant to assist customers to meet their urgent project financing obligations. It enables holders to carry out business transactions without running out of funds or tamper with their financial instruments before they mature. It safeguards subscriber’s short and long term investments in the money market.
FACC provides short term credit facility to both private and public enterpreneurs to meet pressing contractual and other financial obligations.
REQUIREMENTS:
- To benefit from the scheme, you need to have:
- Fixed or savings deposit
- Treasury bills
- Afribull investment in Afribank
FEATURE & BENEFITS
- Simple application form
- Quick turnaround
- Convenient repayment structure
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