Stocktrading Facility

An overdraft facility with an initial tenor of one (1) year and renewable every 90 days.
 
•The facility enables customers to take advantage of diverse opportunities such as speculative positioning on selected stocks for
 appreciable capital gain, arbitraging and settlement of purchases on
 behalf of your borrowing customers.

Benefits
•Facilitates the purchase of shares on the floor of the NigerianStock Exchange
•Flexibility of product allows drawdown within approved facility amount as and when required.
•With deep knowledge on the market, this fund can be turned around many times thereby increasing your volume and income.
•The required cover for this facility is negotiable.

How to apply
•Open a corporate current account with Springbank Plc for stockbroking activities.
•Generate appreciable turnover over a period of time on account. 
•Apply for overdraft facility to support stockbroking activities