HSBC Bank Bangladesh
The world's local bank
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Amanah Term Financing
Assets are vital to all businesses. HSBC Amanah Term Financing helps you to acquire your industrial equipment or machinery without hassle.
Structure your financing around your business improvement plans, and watch your business flourish, with HSBC Amanah Term Financing.
Amanah Dimishing Musharaka is a Shariah compliant product which can be used as an alternative to term loans for Equipment and Machinery financing.
Main Features
- Competitive pricing within the market
- Floating rates linked to the benchmark (BLR, LIBOR, etc.)
- Maximum tenure of up to 5 years
- Simple documentation and quick turnaround time for its execution
Product structure
- The Customer and the Bank enters into a partnership to acquire a tangible asset identified by the Customer.
- The Bank leases its share in the Asset to the Customer against a periodic rental (profit portion)
- The Customer periodically purchases the Bank's share in the Asset at the pre-agreed price (principal portion), thereby increasing Customer's share in the Asset
- The joint partnership ceases when customer ends up with 100% ownership of the Asset.
To find out more about Amanah Term Financing, contact your Relationship Manager. Alternatively you can contact us or visit our website:
