Flexi Assets Financing

Flexi Assets Financing provides diversified assets financing services with flexible use of financial products1 in order to improve customers’ liquidity of cash. Allows you to catch each valuable investment opportunity effectively and develop future plans for wealth growth.

Newly launched “Book Appointment to Apply for Flexi Assets Financing” and “Apply for Flexi Assets Financing” online service

  • ICBC (Asia) Customers can now login to Personal Internet Banking for “Book Appointment to Apply for Flexi Assets Financing”2 online service to save your queuing time at branch
  • For ICBC (Asia) customers with valid current account and time deposit account, they can directly choose “Apply for Flexi Assets Financing” via Personal Internet Banking3 for self- application and enjoy the benefit of obtaining instant approval result. The overdraft service has no handling fee and will be effective immediately right after the application has been approved.

Acceptable Collateral Type and Maximum Lending Ratio:

Acceptable Collateral Type4 Maximum Lending Ratio4
Time Deposit/ Certificate of Deposit Up to 100% of asset market value
RMB Government Bond Up to 100% of asset market value
Insurance Plan Up to 95% of instant surrender value
Investment Fund Up to 80% of asset market value
Shares Up to 60% of asset market value

Sample case

Recently, a customer with extensive experience in investment would like to convert his own assets which maintained at our bank into liquid access for investment purpose through ICBC (Asia) Flexi Assets Financing. Therefore, he logged in Personal Internet Banking immediately to “Book Appointment to Apply for Flexi Assets Financing” instead of queuing up at branch. Our account manager assisted him for the application by understanding his needs and status, which helped to satisfy his financial needs and achieved his financial goals.

Collateral Type4 Market Value Lending Ratio4 Convert to Cash5
Investment Fund HK$880,000 80% HK$704,000
Shares HK$1,330,000 60% HK$798,000
Total: HK$1,502,000

The above example is for reference only. Flexi Assets Financing is subject to the terms and conditions. Please contact our branch staff for the details.

Please note that the Bank do not appoint any third parties to refer loan applications to us and will not process any application that was referred by a third party under beneficial arrangement. For enquiry, please call out hotline at 218 95588.


Remarks:

  1. Financial products include Investment Fund, Time Deposit, Certificate of Deposit, Securities, Insurance Plan and RMB Government Bond.
  2. Personal internet banking customers can “book appointment to apply for Flexi Assets Financing” through logging in Personal Internet Banking. Please Click Here for the guidelines and steps for using such new online service.
  3. Such new online service is only applicable to those personal internet banking customers of ICBC (Asia) who hold ICBC (Asia)’s valid single name HKD/USD current account and single name time deposit for the application of overdraft facility pledged with time deposit. Please Click Here for the guidelines and steps for using such new online service.
  4. For reference only. The Bank shall have absolute discretion to prescribe and revise the eligibility of collateral and the calculation method of relevant lending ratio.
  5. Investment Fund and Shares financing are overdraft facility which is revolving facility.
  6. Best Lending Rate means Hong Kong Dollar Best Lending Rate or Prime as quoted or determined by the Bank from time to time, subject to fluctuation and amendment at the Bank’s discretion.

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