By Aduragbemi Omiyale
Mid-level lender, Ecobank Nigeria Limited, is offering Nigerians living abroad highly competitive interest rates on mortgage loans, investment in the money market, capital market, real estate and treasury products.
The Head of Consumer Banking at Ecobank Nigeria, Mrs Olukorede Demola-Adeniyi, explained that the bank came up with these exciting offerings to support Nigerians in the diaspora.
She said the lender is ready to assist them to finance property ownership in the country, stressing that the terms and conditions are flexible and easily accessible and encouraged them to open a domiciliary account with the bank to access the various opportunities as the packages can also be accessed via Naira accounts.
She said the bank offers financial planning advisory including information on stocks, bonds, real estates and insurance products, in addition to helping customers retrieve outstanding dividends and missing shares.
Mrs Demola-Adeniyi advised them to open a multi-currency online account in Naira, GBP, USD and EURO, adding that they can also download the bank’s mobile banking app, Ecobank Mobile, which is available on app stores to enjoy real-time access to their accounts from the comfort of their home.
“We offer loans for outright purchase of completed properties and refinancing of existing homes. Our financing solutions also provide access to a range of respected property vendors that they can choose from to achieve their desired accommodation.
“We allow up to 10 years tenor at highly competitive interest rates. However, the borrower must be a legal resident of the country they are applying from.
“As a bank, we want to eliminate the associated challenges faced by hardworking Nigerians who are interested in having properties of their own at home here,” she said.
“You can download the Rapidtransfer app to send money home and your beneficiary can pick up USD cash at any Ecobank branch nationwide or have it directly credited into their Ecobank domiciliary account.
“You can also send money through any of our remittance partners such as Ria and Small World for cash pick up and direct credit.
“Other partners such as Western Union and MoneyGram are available for cash pick up only. You can wire funds directly to your foreign currency account through our correspondent bank in USD, GBP and Euro,” Mrs Demola-Adeniyi added.
The banker noted that Ecobank is actively driving the Naira for Dollar scheme of the Central Bank of Nigeria (CBN) which offers N5 on every dollar received over the counter or into an account.
Customers who wish to receive their funds into their account will get one opened automatically in a seamless manner.
She encouraged Nigerians at home to inform their family and friends abroad to take advantage of this initiative so they can earn extra cash on their remittances.
The blockchain brings new financing options to the business market. For example, Bitcoin Cash casino has adapted to only using cryptocurrency. This way, it makes it easier for their customers to deposit and withdraw in a BCH casino. Entrepreneurs have taken note of this and are looking to invest more in crypto than in fiat markets.
Like Our Facebook Page
Latest News on Business Post
- FG Launches System to Register Phones to Tackle Theft May 13, 2021
- Premier League Agrees £5bn TV Broadcast Deal Extension May 13, 2021
- Firm Unveils Insurance Cover for Tricycle Riders May 13, 2021
- Insecurity: Buhari Begs Nigerians for More Understanding May 13, 2021
- HP Extends Digital Partner Programme to Global Retailers May 13, 2021
- DMO, Investors Prepare for N150bn Bond Sale May 19 May 13, 2021
- Eid al-Fitr: Akande-Sadipe Tasks Muslims on Peace, Love May 13, 2021
- Companies Pay N392.8bn Income Tax to Government in Q1 2021 May 13, 2021
- Bitcoin Slides as Elon Musk’s Tesla Suspends Acceptance for Purchase May 13, 2021
- Brent Hits $69 Amidst Positive Economic, Demand Forecasts May 13, 2021
Economy5 years ago
Kwara Disburses N1.7b For Projects
Technology5 months ago
How To Link Your MTN, Airtel, Glo, 9mobile Lines to NIN
Feature/OPED1 year ago
Davos was Different this year
Economy3 years ago
FAAC: FG, States, LGs Share N655.18b in January
Economy2 months ago
MBA Forex Blames CBN for Inability to Return Investors’ Funds
Banking3 years ago
Sort Codes of GTBank Branches in Nigeria
General2 years ago
Ikeja Electric Explains How to Get Prepaid Metres via MAP
Feature/OPED2 months ago
COVID and the Growth of Technology in Nigeria