HSBC Asset Backed Consumer Loan
Liquidity at the time you need it.
Secured with deposits or investments
Cover your needs without having to liquidate all or part of your portfolio. Simply use your investment products or accounts at HSBC, so that you secure your needs with a minimum amount of €5,000.
Floating interest rate
Benefit from the loan's floating interest rate linked to one month Euribor reference rate plus fixed spread 3% plus the contribution of Law 128/751 as applicable.
Ease of repayment
Loan repayment in monthly installments and loan duration up to 7 years.
A loan secured by your portfolio enables you to cover consumer needs, without having to liquidate all or part of your portfolio.
Thus, you can take hold of real investment opportunities or to meet your current needs as they arise without having to make any change to your investment portfolio. Indicatively, the products that can be used as security to acquire the loan are:
- Deposit or Time deposit accounts
- EIB securities
- HSBC Global Investment Funds (HGIF), World Selection, BlackRock, Schroders, J.P. Morgan mutuals funds
- Capital guaranteed deposits
Total Annual Percentage Rate (A.P.R.): For a loan amount of €30,000, duration 60 months and 3% interest rate (Euribor one (1) month 0% plus spread 3%), plus contribution of Law 128/75 0.60% annually: 3.66%.
Note: the above vary depending on the purpose, the amount and the duration of the loan.
Τhe loan amount is calculated based on the security value of the deposit/investment product with a minimum amount of €5,000.
Loan expenses based on the Bank's price list currently in effect.
No charge of administration fees.
The bank does not provide consulting services and does not cooperate with any mediator to promote housing or other loans.
To become a holder of the Asset Backed Consumer Loan from HSBC, it is a prerequisite that you are a holder of specific HSBC investment products or deposit account.
Apply by phone
Apply in branch
Visit a HSBC branch to apply.