Benefits:
You can use your France Cefa or foreign currency deposits such as USD, EURO and GBP and borrow up to 90% of the deposit amounts
Flexible borrowing options
The application process is short and simple
Loan protection insurance
Features:
• The minimum loan amount 1,475,000F
• The maximum loan amount depends on the value of your security and ability to pay
• Interest is charged on a reducing balance basis
Acceptable securities:
• Deposits held at COOPEC Bank
• Government securities
• Fully paid stocks and shares quoted in the African Securities Exchange
• Property titles with the first legal charge on the bank
Application Requirements:
• Your pay slips for the previous three months
• Certified copies of bank statements for the previous six months
• A personal financial statement (if not salaried)
• A letter of reference from your current employer
Contact us for further details