Hi, please is it possible to use share certificate as collateral to obtain loan in the bank.and can somebody recommed some bank that can gives such loan and their condition for such loan.

it is possible. all banks offer the service. some mico finance bank also offer it howvere your certificates must have been deposited with CSCS through a broker and your broker must issue a letter of no objection.

REgards

HELLO ALL,
UBA ASSET MANGEMENT IS THE BEST PLACE TO PLACE UR MONEY SO THAT YOUR MONEY CAN BE INVESTED AND MANAGED BY EXPERTS THAT UNDERSTAND THE BUSINESS.A WHOLLY OWNED SUBSIDIARY OF UBA THAT HAS A CAPITAL BASE OF ABOUT 40 000BILLION NAIRA.

INVESTING IN UBA EQUITY FUND IS ONE WAY YOUR MONEY CAN ACHIEVE HIGH CAPITAL GROWTH OVER SHORT AND LONG TERMS.

THE FUND INVESTS PRIMARILY IN STOCK OR QUOTED EQUITIES ON THE NIGERIAN STOCK EXCHANGE.
SOME OF THE BENEFITS OF UBA EQUITIES ARE:
1) HIGH CAPITAL APPRECIATION IN A DIVERSIFIED EQUITY PORFOLIO

2) NO WITHHOLDING TAX ON DIVIDENDS

3)SUBCRIBERS TO FUND CAN USE AS A COLLATERAL FOR LOANS AT UBA PLC.

4)OPPORTUNITY TO INVEST ON BEHALF OF MINORS

5)FREE ENTRY AND EXIT.

Please find below the schedule of interest rates for
the GUARANTEED RETURN INVESTMENT (GRI),the most ideal
for You.It is a short term
investment with superior returns.

N100,000 AND BELOW N1000,000 8.5%
ABOVE N1000,000 AND BELOW N5000,000 10%
ABOVE N5000,000 AND BELOW N10,000,000 11%
ABOVE N10,000,000 AND BELOW N20,000,000 12%
ABOVE N20,000,000 13%
We can also pay 14% for N100,000,000.

The minimum investment period is 30 days with option
to roll over both interest and capital.It's also
compound interest.
The major benefits are that there is no penalty for
liquidation befor maturity,no form of tax charged on
the returns and the returns can be collected upfront
befor it matures.

UBA DOES THAT.

YOU CAN ON 08028306654 FOR FURTHER DETAILS.