Financial Institutions & Telecoms
- Key Objectives:
1. Client Coverage and Relationship Management: Cultivate long-term, trust-based relationships and partnerships, with Financial Institutions and key stakeholders in the Telecommunications Industry, to unlock opportunities and drive sustained business growth.
2. Bespoke Banking Solutions: Tailor-made solution based products, to meet the unique needs of clientele across the operational spectrum of client businesses. These include, but are not limited to payments, collections, import and export support, FX purchase and remittances, trade settlement and other solutions based on specific client needs.
3. Loan and Deposit Products: Mobilize stable deposits while creating well-structured credit exposures that align with the Bank’s risk appetite and support client objectives.
4. Cross-Sell Treasury & Investment Products: Tailor liquidity, investment, and treasury products to meet the evolving needs of clientele across different market cycles. Distribution of the Bank’s suite of products, including money market instruments, fixed income securities, FX, and structured offerings.
OUR PRODUCTS
- Liability Products
1. Interest Bearing Current account:
a. Call account features
b. No minimum balance
c. Interest earned on average balance
2. Trade Settlement Account: Settlement for stockbrokers and fixed income brokers.
- Asset Products
1. Trading line: Short term credit facility that allows institutions to conduct transactions within a predefined limit.
2. Import & Export Finance: To support operational requirements for import dependent and export driven businesses.
3. Time/ Term Loan and Overdrafts: Short, long or flexible term credit facility tailored to client needs.
4. Investment Backed Lending: Enable seamless loan access by partnering with financial institutions, allowing clients to leverage their stocks or dividends as collateral for financing solutions
- Products offerings for FIS
1. Cash Management Solutions:
A. Current Accounts (LCY & FCY): Standard accounts for day-to-day banking, liquidity and operational efficiency.
B. Call Accounts (LCY & FCY): Interest-bearing accounts offering flexible access to funds while maintaining liquidity.
2. Risk Asset Products:
A. Trading Line: Short-term credit lines to facilitate trading activities and enhance market participation, particularly for brokers and investment firms.
B. Overdrafts.
C. Time/Term loans.
3. Treasury Products: Cross-selling of Bonds, FX swaps, Derivatives, and Prime brokerage services to enhance portfolio diversification and hedge market risks.
4. Money market Investment: Access to fixed deposits, treasury bills, and commercial papers tailored to clients’ yield and tenor preferences.
5. Payment and Collections: End-to-end solutions for seamless local and cross-border payments, direct debits, and bulk collections, supporting operational efficiency
