Collateral & Types of Insurance
When a loan is proposed, the assessment and ability of the collection of the capital and interest applicable is carefully taken into consideration.
Customer Due Diligence
The sole product provided by the Development Bank of Seychelles (DBS) is loan.
Loan Security Requirements
The requirements for security against the financing DBS offer or under its management are as follows:
Personal Contribution
Personal Contribution The Contribution from the promoter to show and prove his/her commitments/fidelity towards: The successful implementation and continuous existence of the intended business Honouring and correctly servicing the financial dept given that they have injected funds which are usually from their personal savings (after having worked hard at collecting same)The requirements for personal contribution … Continue reading Personal Contribution