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Reminder: To borrow or not to borrow? Borrow only if you can repay!

 

Shares Overdraft Facility (“SOF”)

Enjoy shares overdraft facility of up to 60% of the market value of your securities holdings and privileged interest rates to enhance your wealth flexibility. Shares are listed in our selection of more than 300 recognised shares.

Service Benefits

  • Overdraft amounts are available between 30% and 60% of the market value of the pledged shares
  • More than 300 shares in our list of recognised shares can be used as collateral
  • Competitive interest rates

The Bank will revise the list of shares to be used as collateral regularly

Key Facts Statement

For details, please click here

 

 

Risk Disclosure Statement

Investment involves risks. The prices of securities fluctuate, sometimes dramatically. The price of a security may move up or down, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling securities. This promotional content has not been reviewed by Securities and Futures Commission.

RMB is subject to exchange rate risk. RMB is not freely convertible. Conversion of RMB for customer is subject to the requirements specified by the Bank and /or Relevant Authorities from time to time.

Information contained herein has been obtained from sources believed to be reliable. Shanghai Commercial Bank Ltd. has not verified and does not warrant or represent that such information is accurate or complete and it should not be relied upon as such. Shanghai Commercial Bank Ltd. accepts no liability for any loss or damage arising from any inaccuracies or omission or otherwise by reliance on any such information.


In case you wish to enquire whether a third party is appointed by our Bank for referring loan application, please contact customer service hot line 2818 0282.
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