Credit Lombard

Advertising message for promotional purposes.For all the terms and conditions related to the products and services advertised, reference should be made to the information sheet and advertising information forms and to the information documents required by the regulations in force, available in the Transparency section of the website and from the financial advisors authorised to offer products and services outside Fineco's offices. All products offered are reserved for Fineco account holders.

Credit is granted subject to the approval of the Bank, which reserves the right to assess requirements and creditworthiness.
Standards conditions related to each product below are valid for agreements entered in March 2023.

CREDIT LOMBARD is a current-account credit facility secured by a rotating pledge on securities and funds, offered to customers with an Advice, Plus or ordinary securities account who meet the product’s eligibility and financing criteria. Its special feature is the ability to substitute the pledged securities through rebalancing procedures similar to those used for the above product/services. The function of substituting the pledged securities in the dossier composition is available through the Network of Fineco Financial Advisors for the Fineco Advice and Fineco Plus dossiers, and online for the ordinary dossier. Credit Lombard requires a secured current account and a securities account to serve as collateral. To view all the terms and conditions for Credit Lombard please refer to the information sheets, also available from financial advisors authorised for cold-calling.
The advertised product with the indicated features can only be subscribed through Fineco financial advisors.

*The indicated spread is reserved for Private customers or customers with Managed Assets > € 250,000 and with more than 60 per cent of the guaranteed instruments consisting of Top-Quality Funds. More details on the list of the Top-Quality Funds currently in force can be found in the Information Sheets.

The amount of credit available can be between €10,000 and €1 million.

Economic conditions applied:
Fineco Private Customers (Private customers are those who, in the reference month, present Assets with a total value of no less than EUR 500,000) or Fineco Customers with Managed Assets > € 250,000 and with at least 60 per cent of the guaranteed instruments consisting of Top-Quality Funds: Spread 0,30%.
Details of the Top-Quality Funds currently in force can be found in the table available on the Credit Lombard Information Sheets.
Fineco customers: Spread 1.00%.
Representative example: Nominal APR (nominal annual rate) 2.80% variable (Euribor 3m + 1.00% spread); Commitment fee: 0; Lending costs: 0; Other costs: 0; Interest: € 2.100,02; Costs: 0; Effective APR 2.80% Reference date: 1st December 2022. Effective APR calculated on €75,001 facility with no fixed end date. Assuming one-year duration and facility used in full from the moment of contract signature. Assumed annual interest payment. The Euribor (European Interbank Offered Rate) is an interbank rate, i.e. the rate of interest at which banks lend money to other banks. The reference rate is calculated as the average daily Euribor rate over the month preceding the current month, rounded down to the nearest 0.05%. In case in which there is a negative value, parameter is null and the rate applicable to the facility is therefore equal to the spread.