We provide loans using Reverse Repo transactions, where your securities are used as collateral
securing loans. Interest rates start at 5,9 % p.a.
For who is the product designed?
The product is especially suitable for clients who own a large quantity of shares. Provided loans can be used for making additional investments or for unspecified purposes.
Conditions for providing loans
We currently only provide loans secured by securities traded in the SPAD segment on the Prague Stock Exchange and in exceptional cases funds offered by the bank.
What amount can you borrow?
The maximum amount of a loan is 70 % of the market value of securities (depending on the issue and the repayment period).
Example of using Reverse Repo transactions
A client owns 5,000 CEZ shares and needs a short-term loan. The market value of CEZ shares is CZK 1,300 per share. The bank can offer the client a loan in the maximum amount of (5,000*1,300)*0.7 = CZK 4,550,000.
