Keystone Bank




PUBLIC SECTOR BANKING

publicsectors

Our Public-sector group provides financial services to Federal, State and Local Governments nationwide as well as Federal and State Agencies. Our cutting-edge IT solutions also serve a broad spectrum of Federal Tertiary Institutions, Teaching Hospitals, Judiciary and the Legislature.

Our Service Promise
We support, guide and grow businesses by providing the necessary financial solutions for growth, while keeping in focus the business' need for profitability and efficient liquidity management.

Sector Focus
• General commerce (Trading)
• Industrial and Agro-Allied chemicals
• Telecommunications
• Manufacturing
• Downstream Oil and Gas Trading
• Hospitality
• Building & Construction

Specialised Products & Services
• Loans & Advances
• Term Loans
• Internal Guidance Facilities
• Overdrafts
• Internal Guidance Facilities
• Overdrafts
• Payroll Management
• Tax Collections


Products & Services
• Trade Finance
• Short- and Long-Term Financing
• Project & Structured Finance
• Bonds and Guarantees
• Value Chain Management
• Cash Management Services
• Syndications


Trade
• FX Sales
• Letters of Credit
• Foreign Remittances
• Foreign Cheque Clearance
• Value Chain Management

To enjoy these services please call +234 700 200 3000, email - [email protected], speak to your Relationship Manager or contact our nearest branch today



ActivCollect

ActivCollect is Keystone Bank's proprietary collection platform built on our robust technology for in-branch collections. The technology enables us customize cash collection solutions that meet every customer's requirement. ActiveCollect is secure and enables organizations receive payments from their customers across our branch network while monitoring customized, real-time reports at their location.

ActivCollect
Dom Extra Account

Keystone Bank Domiciliary Extra Account is a foreign currency denominated account that is targeted at Limited Liability Companies.

Product Features & Benefits
• Account can be denominated in Dollars, Pounds or Euros.
• Minimum opening balance of 2000 Dollars, Euros or 1000 Pounds.
• Cash & wire transfers to and from the account (Terms & Conditions
Apply).
• Competitive interest rates.
• Access to safe and secure E-Banking services & Channels - Mobile Banking, Internet Banking & Debit Cards (Visa, Verve or MasterCard).

For details, kindly contact us at Keystone Bank Limited.
1 Keystone Bank Crescent,
Victoria Island, Lagos.
Telephone: +234 700 2000 3000.
Email: [email protected]

Dom Extra Account
Corporate Current Account

This serves as a higher variant of the Quick Save account, targeted at financially excluded persons. The customer is, however, required to provide a valid form of identification.

Features
Maximum single deposit: ₦50,000.00
Maximum cumulative deposit: ₦400,000 at any point in time
Mobile Banking or Funds Transfer daily limit: ₦100,000.00
Zero opening balance
Interest Rate of 3.6 %

Steps Required
1. Fill and complete the online Account Opening Form (AOF)
2. Upload your passport photo
3. Visit your branch with a valid ID or Third-Party ID
4. Sign the AOF

Corporate Current Account
Agri Business

Agric Finance Group offers professional support to all market facing staff of the Bank in the creation of good quality risk asset in all the areas captured within the Agriculture Value Chain.
Environmental and Social risk considerations will be undertaken for finance provided anywhere along this value chain.
The Group advises both customers and RMs on the best loan structure and farm practices to make the business relationship successful and profitable.
The Group gets majority of its lending fund from CBN at a maximum cost of 2% p.a. for on-lending to agribusinesses at a concessionary rate of 9% p.a. (all in).

Corporate Current Account
AGRIC CREDIT SCHEMES(SUMMARY)
PRODUCT TARGET MARKET INTEREST RATE INTEREST DRAW BACK CRG COLLATERAL
ACGSF
-Individual N5m
-Cooperative N10m
- Individual - Cooperative Commercial 40% if customer abides by terms and conditions 75% on outstanding - 25% Cash Collateral
- Personal guarantee
- Cross Guarantee
- No additional security for less than N1m
- Other security(ies) acceptable to the Bank.
GES Agro-dealers 18% (inclusive of 1% for CRG) 50% if customer abides by terms and conditions 75% on outstanding - 10% equity contribution
- 75% CRG
- Collateral manager
- Other security(ies) acceptable to the Bank.
CACS Commercial Farm holding on all Agric Value Chain 9% Not applicable. Not applicable. Any collateral acceptable to the Bank.
MSMEDF - Micro,
- Small and
- Medium enterprise
9% (2% to CBN, 7% to Bank) N/A N/A Any collateral acceptable to the Bank.
NIRSAL Commercial Farm holding on all Agric Value Chain Commercial -Large Scale primary producer – 20%
-Small scale primary producer – 40%
 
Small scale primary production – 75%
Large scale primary production – 50%
Integrated farms – 30%
Logistics provider – 30%
Any collateral acceptable to the Bank.
NIRSAL Mechanization - Cooperative
- Individuals
- Companies
Commercial -Small scale – 40%
-Large scale – 20%
-Small scale – 75%
-Large scale– 50%
- 10% Equity Contribution
Any collateral acceptable to the Bank.
RSSF Large scale commercial Farm holding on all Agric Value Chain with N500m – N10billion financing need 9% (3% to CBN, 6% to Bank) Not Applicable. Not Applicable. Any collateral acceptable to the Bank.
ANCHOR BORROWERS’ PROGRAMME
 -Cooperatives
-Anchors
-Cooperatives
9% Max Not Applicable. Varying levels up to 75% Any collateral acceptable to the Bank.
RSSF Large scale commercial Farm holding on all Agric Value Chain with N500m – N10billion financing need 9% (1% to CBN, 8% to Bank) Not Applicable. Not Applicable. Any collateral acceptable to the Bank.