Corporate Banking
Innovative corporate banking solutions that give the best mix of investment and financing options to meet short, medium and long-term business goals for seamless financial management, strategic funding, and expert advisory.
Core Offering
Our banking model recognizes the need for specialisms, offering sector-specific relationship managers who understand the opportunities and challenges of your market.
Treasury Solutions
Enjoy expert financial strategies, risk management tools, and investment solutions designed to optimize liquidity, drive profitability, and protect your business from market fluctuations. Our Treasury team advise our corporate clients on the best mix of investment and financing options to meet short, medium and long-term business goals.
Solutions
- Fixed term deposits.
- Debt market services
- Money market Instruments
- Cash management services
- Foreign exchange products/services
Credit Solutions
Every business needs reliable credit access to scale, seize opportunities, and manage operations smoothly. Whether it is working capital, asset acquisition, or expansion, we provide flexible financing options tailored to meet your unique business needs.
Solutions
- Asset finance
- Project finance
- Working Capital
- Supplier Finance
- Corporate lending
- Debit capital finance
Local Trade – Local Letter of Credit
Ensure smooth, risk-free trade transactions with our Letter of Credit (LC) designed to protect both buyers and sellers. Purchase made with our Local Letter of Credit assures the supplier of prompt payment giving your business the confidence to transact locally without cash flow disruptions.
Benefits to your business
- Increase your working capital
- Strengthen trade relationships
- View and track account receivables
- Improve buyers’ credit as the Bank assumes the liability for payment.
- leverage in commercial negotiations and preferential conditions including reasonable product prices and extended payment days reducing working capital costs.
International Trade
Bills for Collection
Doing business internationally can often be complicated, frustrating and risky if you don’t have the right systems in place. Our Trade Bills for Collection facilitates smooth and secure international trade ensuring safe document handling and timely payments between buyers and sellers. This solution provides a structured and cost-effective way to settle international trade transactions while minimizing risks.
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Form Q
This solution gives SMEs the opportunity to get forex easily. It allows SMEs to access up to $20,000 per quarter.
Account Opening Requirements:
- Submit a written application letter
- Proforma Invoice (PFI) from the supplier
- Supplier’s/ beneficiary’s bank account details
- You must be an account holder and must have operated your account for not less than six months
Form M
- Form M is required for importation of goods into Nigeria.
- The life span of a Form M is 180 days (for general merchandise) and 365 days (for plant and machinery), after which an extension of 180 days (for general merchandise) and 365 days (for plant and machinery) can be granted on the Form M by the Authorized Dealer.
Import Letters of Credit
Exploring international banking relationships, our highly skilled personnel and a robust Online Trade Finance Application portal, we offer first class solutions to clients importing goods through the Import Letters of Credit payment mode.
Export Letters of Credit
Import (Inward) Bills for Collection
This service allows you to receive shipping documents from your supplier through the bank, ensuring controlled payment and secure transactions .Our clients who enjoy suppliers’ credit under the Import Bills for Collection payment mode have a great partner Bank in us, as their transactions are treated with utmost care and speed.
Export (Outward) Bills for Collection
We support our clients’ exports through the Bills for Collection payment mode from production/sourcing of exported goods to documents checking, dispatch, receipt and certification of export proceeds.
Bonds/Guarantees
We provide a range of bonds and guarantees including Bid/Tender Bonds, Performance Bonds, Advance Payment Guarantees, Customs Bonds, Shipping Guarantees and Retention Bonds. We provide that degree of assurance and security which counter parties need to build trust and grow their relationship with us.
