Titan Trust Bank Overview: Loans and Banking Services

Titan Trust Bank is a Nigerian bank that offers a range of loans and banking services to its customers. The bank has a strong presence in the country, with branches and ATMs located in various states.

One of the key services offered by Titan Trust Bank is personal loans, which can be applied for online or in-branch. These loans have competitive interest rates and flexible repayment terms.

The bank also offers business loans, which can be tailored to the specific needs of small and medium-sized enterprises. This includes loans for working capital, expansion, and other business purposes.

Titan Trust Bank's online banking platform allows customers to manage their accounts, pay bills, and transfer funds securely and conveniently. This makes it easy to keep track of finances and make payments on time.

Applying for a loan from Titan Trust Bank involves visiting a relevant bank branch or contacting them through phone, email, mobile app, or social media channels.

Before making an application, it's essential to make yourself aware of the different funding options available, as not every finance product is suitable for your business.

To make a loan application, you'll need to fill in an application form, detailing your business's operations and the loan purpose.

You'll also need to submit supporting documentation, which may include a company profile, business plan, cash flow budget, and audited financial accounts.

The exact documents required will vary depending on the credit facility in question.

If your loan is approved, you'll receive an offer letter outlining the terms and conditions, as well as the procedure for loan disbursement.

Here's a list of common documents required for a loan application:

Loan approval and disbursement times vary, and are influenced by the credit facility you apply for.

Titan Trust Bank offers a variety of loan options to support businesses of all sizes.

The bank provides funding through term loans, business overdrafts, and foreign exchange services. These products can help businesses manage their finances and expand their operations.

Titan Trust Bank is a national commercial bank licensed by the Central Bank of Nigeria in 2018. It offers a range of loan types, including moneylenders, peer to peer, mortgage, and microfinance.

The bank's corporate finance solutions can help businesses access the funding they need to grow and develop. By providing a variety of loan options, Titan Trust Bank aims to contribute to the growth and economic development of Nigeria.

Here are some of the loan types offered by Titan Trust Bank:

You can have a loan repayment period that lasts from a few months to a few years, depending on your business needs.

Titan Trust Bank can tailor loan repayments to suit your business, giving you flexibility.

The repayment period is flexible, allowing you to choose a duration that works for you.

Titan Trust bank is a national commercial bank licensed by the Central bank of Nigeria in 2018.

They offer various loan options to cater to different needs. One of the options is money lending, which can be a quick way to get access to cash.

Titan Trust bank also offers peer to peer lending, which allows individuals to lend and borrow money directly from each other.

Another option is mortgage lending, which can help you finance your dream home.

In addition to these, they also offer microfinance services, which are designed for small-scale entrepreneurs and individuals.

Here are some of the loan options offered by Titan Trust bank:

To access your account information, you'll need to log in to your online banking portal. This is where you can view your account details, transaction history, and other essential information.

Titan Trust Bank's online banking system is designed to be user-friendly and secure, with features such as two-factor authentication and encryption to protect your data.

You can update your personal details, such as your address or phone number, by clicking on the "Edit Profile" button within your account dashboard.

To open a Titan Trust Bank account, you'll need to have the necessary documents ready. This includes your ID, such as a national ID card, driver's license, or passport, proof of where you live, like utility bills or bank statements, and some passport-sized photos.

You can choose from different types of accounts, including savings or current accounts. Current accounts give you access to banking services every day through online platforms, while savings accounts let you bank online 24/7 with no limit on how much money you can save.

To open a current account, you'll need to fill out an application form, provide identification like a driver's license or passport, a passport photo, and references. You'll also need to show a utility bill to prove where you live.

The requirements for opening a Titan Trust Bank account are straightforward. Here are the key documents you'll need to provide:

If you're a foreigner, you'll need to show a valid proof of residence or work permit. You may also need to fill out a Risk Assessment Form with the help of an Account Officer.

Remember to ensure all your documents are valid and up-to-date to make the account opening process quicker.

To get in touch with Titan Trust Bank's customer service team, you can call 07000200200, 012265100, or 012265129. They'll be happy to help you with any concerns.

You can also reach out to them via email at [email protected]. They'll respond as soon as possible.

To open a Titan Trust Bank account, you'll need to provide your Bank Verification Number (BVN), a passport photo, and full details about yourself.

We're proud to be a leading financial institution in Nigeria, and our achievements speak for themselves. In 2021, we earned recognition as the top Trade Finance Provider in Nigeria by Global Finance Magazine.

Our commitment to excellence and innovation in the financial sector has been recognized by the prestigious Deal of the Year award from BusinessDay Banks and Other Financial Institutions (BAFI) Awards.

We're dedicated to providing top-notch services to our customers, and it's an honor to be acknowledged for our hard work and dedication.

You can start using your Titan Trust Bank account once it's set up, which might take a few days after submitting your application and documents.

To keep your money safe, don't share your account information with anyone and follow any security tips the bank gives you.

You'll need to fill out a form with your personal details like name, address, phone number, and what you do for work, making sure everything is correct.

Titan Trust Bank offers a range of account cards to cater to individual preferences and banking requirements.

Their selection includes four distinct types of account cards: the Naira Master Card, Naira Verve Card, Titan World Elite MasterCard, and the Titan Platinum MasterCard.

The Naira Master Card is designed for everyday use and allows users to make purchases both online and offline, as well as withdraw cash from ATMs across Nigeria and abroad.

The Naira Verve Card provides customers with seamless access to their funds and offers acceptance at numerous merchant locations and ATMs nationwide.

For a more premium experience, Titan Trust Bank offers the Titan World Elite MasterCard and Titan Platinum MasterCard, which come with exclusive privileges like access to airport lounges and travel insurance coverage.

These premium cards are tailored to meet the lifestyle demands of discerning customers who value luxury and convenience.

The law firm Norton Rose Fulbright has a long history of advising on deals in Africa, spanning over 30 years.

They have advised on transactions across all major industry sectors, showcasing their expertise in cross-border multi-disciplinary work.

One notable example is their advice to Titan Trust Bank on its acquisition of Union Bank of Nigeria PLC, a deal that involved a 93.4% shareholding divestment.

The transaction was settled on the NGX following regulatory approvals and other conditions.

Norton Rose Fulbright's team was led by Bayo Odubeko, a ranked individual in Chambers for Africa-wide and Nigerian corporate/M&A.

Their expertise in M&A transactions is evident in this deal, which is expected to form a formidable new banking organisation in Africa's largest economy.

The combination of Titan Trust Bank's leading digital offering and Union Bank's large number of account holders and recognisable brand is a strong one.

Norton Rose Fulbright's ability to advise on deals of this scale is a testament to their experience and expertise in the field.

Their advice on the acquisition financing provided by Afrexim Bank was also a key part of the deal.

Titan Trust Bank offers various banking systems to cater to different customer needs.

You can access your account online through internet banking, which can be easily registered on their website.

Their mobile banking app is available for both Android and iOS devices, allowing you to manage your finances on the go.

The app can be downloaded from the Google Play Store for Android or the Apple App Store for iOS.

For those without a smartphone or internet access, Titan Trust USSD banking is a convenient option.

Dial *922# from your phone linked to your bank account to access basic banking functions like checking your balance or transferring funds.

Union Bank of Nigeria, which was acquired by Titan Trust Bank in 2022, has raised staff salaries by 40% to cope with the rising cost of living.

Employees will receive the arrears for November along with their December 2024 salary, according to an internal memo seen by TechCabal. This is the third salary increase Union Bank has implemented since 2022.

The salary increase applies to all employees, ranging from executive trainees to general managers, and outsourced associates. Executive trainees, who were earning ₦260,000 ($153) per month, will now take home ₦364,000 ($215) per month.

A senior banking officer (SBO) will now be bumped to ₦20 million ($11,792) in annual gross salary. Union Bank spent ₦34 billion on personnel expenses in 2023, a 27% jump from the previous year.

The recent adjustments to our compensation and benefits package strongly reflect Union Bank’s commitment to investing in our employees and aligning with industry standards.