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Nigerian Banks That Accept Tbills As Collateral - Investment - Nairaland

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Nigerian Banks That Accept Tbills As Collateral by enchilada: 3:21pm On Aug 13, 2019
Hello nairalanders,

Does anyone know of any banks that accept TB as Collateral? I use GTB and they said they don't.
Re: Nigerian Banks That Accept Tbills As Collateral by frbona: 4:31pm On Aug 13, 2019
If you tell us what Tbills are maybe we could help you
Re: Nigerian Banks That Accept Tbills As Collateral by enchilada: 5:18pm On Aug 13, 2019
Tbills are Treasury Bills
Re: Nigerian Banks That Accept Tbills As Collateral by Nobody: 5:22pm On Aug 13, 2019
frbona:
If you tell us what Tbills are maybe we could help you

I think the OP is referring to Treasury Bills

@enchilada

Thanks for reaching out

You could also have a one-on-one chat with a banker/financier on what you want to achieve

At times, the best options may not be the obvious ones. A second pair of eyes can help you pick what would be in your best interest

All the best
Re: Nigerian Banks That Accept Tbills As Collateral by OgogoroFreak(m): 2:38am On Aug 14, 2019
enchilada:
Hello nairalanders,

Does anyone know of any banks that accept TB as Collateral? I use GTB and they said they don't.
Why not just liquidate the tbills instead?
Re: Nigerian Banks That Accept Tbills As Collateral by dominique(f): 7:15am On Aug 14, 2019
You want to use cash as collateral for loan? I don't think that's acceptable anywhere. It's advisable you withdraw the Tbils and use it to execute your project
Re: Nigerian Banks That Accept Tbills As Collateral by enchilada: 4:40am On Aug 17, 2019
Thanks to all who responded.

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