67444 SB Offshore Banking FS

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Overdrafts, Loans and Guarantees
Through its offices located in the Isle of Man and Jersey and operating within an overall policy of providing short to medium term finance, the Bank will consider proposals for secured facilities by way of overdrafts, call loans, fixed loans, guarantees and clean letters of credit in all major currencies. The Bank will usually lend to individuals, companies or corporate trustees and security may be provided direct by the borrower or structured through a third party guarantor. The acceptable collateral types and key attributes below are for outline purposes only and you should contact us for a more detailed indication of terms. We pride ourselves on our ability to provide flexible, tailored solutions to a wide variety of borrowers. If the product features set out below do not meet your requirements we would welcome the opportunity to discuss these with you. Our communication lines are short, allowing us to provide a speedy response to credit proposals. Your Relationship Manager will often be empowered to agree terms under delegated authority. In all cases credit facilities will become binding once a formal offer letter has been issued.

Key attributes:
• Types of facility available: overdrafts, loans, guarantees, letters of credit (depending on the collateral). • Purpose: credit facilities will generally be provided to assist with the purchase of specific assets for investment purposes or to provide liquidity for more general investment or expenditure by leveraging existing assets. Margin trading facilities are also provided. • Collateral: the Bank will require a first legal charge over the collateral and in the case of movables (such as cash or securities) will normally expect to hold the asset(s). The following asset classes will typically be considered as suitable collateral but the list is not exhaustive: - cash deposits (in any major currency, including South African Rand) - portfolios of quoted investments (main market equities, main or emerging market bonds, investment funds etc.) (secondary market equities and single lines of securities may also be considered) - commercial or residential realty (usually UK or South African property, but other countries can be considered) - endowment life assurance policies - bank guarantees • Period: the Bank is a short to medium term lender and facilities will normally be considered over a 3 year time-frame (possibly up to 5 years, depending on the circumstances). Rolling or ‘evergreen’ facilities may also be provided. • Repayment: the Bank is prepared to consider both amortising or interest only facilities, depending on the type of facility and the borrower’s ability to service. • Loan to value ratio: the amount which the Bank may be prepared to lend varies with the type of collateral and our risk assessment thereof. Where a valuation cannot be readily obtained (such as in the case of realty), then a professional valuer will be appointed. • Pricing: interest terms and facility fees are negotiable and will depend on various factors, including inter alia the status of the borrower, the quality of the collateral and our risk assessment. Fixed interest rate terms may be available as an alternative to Base Rate or LIBOR linked facilities. • Minimum amount: the Bank will not normally consider applications below £200,000 or the currency equivalent (There is no maximum).

Unlike other products and services, credit facilities tend to demand individual assessment rather than pre-defined criteria and we welcome the opportunity to discuss your particular requirements, in order to work out bespoke solutions on competitive terms.



Contact us
For further information regarding any of our services please contact: Standard Bank Jersey Limited Standard Bank House, PO Box 583 47-49 La Motte Street, St Helier Jersey JE4 8XR Telephone: +44 (0)1534 881188 Facsimile: +44 (0)1534 881199 E-mail: sbj@standardbank.com Standard Bank Isle of Man Limited Standard Bank House One Circular Road Douglas, Isle of Man IM1 1SB Telephone: +44 (0)1624 643674 Facsimile: +44 (0)1624 643800 E-mail: sbiom@standardbank.com


Important information
Standard Bank Jersey Limited is regulated by the Jersey Financial Services Commission to take deposits. Standard Bank Isle of Man Limited is licensed by the Isle of Man Financial Supervision Commission to take deposits. Standard Bank Isle of Man Limited is a member of the Depositors’ Compensation Scheme as set out in the Compensation of Depositors Regulations 2008. The Isle of Man has a Financial Services Ombudsman scheme covering disputes relating to financial services offered in or from within the Isle of Man to individuals. Standard Bank Isle of Man Limited places funds with other parts of its group and thus its financial standing is linked to that of the group. Depositors may wish to form their own view on the financial standing of Standard Bank Isle of Man Limited and the group based on publicly available information. The latest report and accounts are available at www.standardbank.com/offshore The above entities are wholly owned subsidiaries of Standard Bank Offshore Group Limited whose registered office is 47-49 La Motte Street, St Helier, Jersey, JE4 8XR. This does not constitute an invitation to buy or the solicitation of an offer to sell securities or to accept deposits or to provide any other products or services in any jurisdiction, to any person to whom it is unlawful to make such an offer or solicitation, nor should it be construed to constitute any investment advice. Legislation or regulations in jurisdictions relevant to you may prohibit you from entering into certain transactions with us and we strongly recommend that you contact your financial or legal adviser in this regard. It is your responsibility for informing yourself about and complying with such restrictions. This document has been approved for the purposes of section 21 of the Financial Services & Markets Act 2000 (FSMA) by Standard Bank Plc, which is authorised and regulated by the Financial Services Authority. Prospective investors in the UK should be aware that the protections provided to investors by the UK regulatory system established under FSMA do not apply to any investment services or products provided by Standard Bank Offshore Group Limited or any of its subsidiaries. In particular, investors may not be entitled to compensation from the Financial Services Compensation Scheme, nor will they be entitled to the benefits provided by the Financial Ombudsman Service or other protections to customers under FSMA. Standard Bank Plc has appropriate passports under relevant European Directives. Telephone calls may be recorded. 2009.113

SB 83998/05/09

Image 83998/05/09

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