Savings Account Current Account Loan Advisory Services
Business Advisory Services
Business Advisory Services a. Capital formation b. Book keeping, accounting and financial literature c. Investment appraisal d. Credit Management e. Cash flow planning and management
Personal Advisory Services
Personal Advisory Services a. Personal Financial Planning b. Savings and Investment Advice c. Insurance and Contingences advice d. Testamentary arrangement, such as: executorships, depending on the age of the Customer. e. Personal Pension arrangements
Advisory Services
Personal Advisory Services Business Advisory Services
Corporate and Special Credits
Corporate and Special Credits • These are loans granted to individual and corporate customers who may not have the specific features of Micro Credit and SME loans.
Small and Medium Scale Credits
Small and Medium Scale Credits a. Enterprise Loan • The conditions for the loan shall include: a) Loan size: #501,000 minimum and maximum of 1% or 5% of the shareholders’ funds unimpaired by losses as the case may be. b) Eligible client: The prospective borrower must have been a customer of the bank for a period of 3 months before the loan is granted. c)…
Micro Credit Facilities
a. Core Micro Loan • This shall be main micro loan of the bank targeted at active poor clients engaged in trade and commerce on individual basis. • Loan size: #10,000 minimum and #500,000 maximum • Eligible client or borrower must have been a customer of the bank for a period not less than 3 months before the loan is granted. • The interest rate…
Loans
Micro Credit Facilities Small and Medium Scale Credits Corporate and Special Credits
Fixed Deposit
Fixed Deposit Account • Description: Fixed Deposit Account is run by one or more persons / organization • Benefits Accrued Interests discourage spending and encourage savings • Requirements: Duly completed account opening form Duly completed mandate card 2 recent Passport Photographs Utility Bill Valid means of identifications, e.g. Drivers’ License, Voters Card, National ID card or International Passport.
Account of Non-Profit making Organization
Account of Non-Profit making Organization • Description: This account is for NGOs and Non-profit making organizations • Benefits Gets monthly interest on balance • Requirements: Duly completed account opening form Duly completed mandate card 2 recent Passport Photographs Utility Bill Valid means of identification for the signatories, e.g. Drivers’ License, Voters Card, National ID card or International Passport