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Zenith Bank Treasury to Provide Exceptional Services
- By John Uwe
- Published January 5th, 2010
- MoneyWorld
- Unrated
ZENITH Bank Plc says its treasury scheme launched into the financial market is to provide exceptional services that are tailored to suit the peculiar needs of each of its customers.
The bank notes that the package provides maximum returns on people’s funds through various investments focused on meeting its customers’ expectations. The services, it says, is meant for individuals, corporate organisations, parastatals among others, hence the call on Nigerians to take advantage of the product to better their lives.
On its fixed deposit package, the bank notes that the scheme offers competitive interest rates on short term money market product for customers who would want to save towards future projects.
Stating the benefit, the bank explained that its tenure ranges from one month to one year, while there is high yield instrument on the scheme. The minimum initial deposit of N100, 000.00 is needed from an individual, as this product can be used as collateral for loan, it says.
Zenith bank maintains that transaction statements are available on request, while there is flexible interest rate which can be paid at every maturity or re-invested.
According to the bank, “at maturity, we offer options (subject to customers’ request) such as; automatic roll over of deposit, placement on call deposit until you decide your next step and so on.”
Explaining the call deposit of the firm, it states that, it is a flexible instrument that allows someone save and earn interest, while having access to his funds incase of urgent needs. The bank notes that initial deposit of N100, 000 is needed from the would-be beneficiary, while it can be accessible within 24 hours notice without penalty.
The bank notes that the package provides maximum returns on people’s funds through various investments focused on meeting its customers’ expectations. The services, it says, is meant for individuals, corporate organisations, parastatals among others, hence the call on Nigerians to take advantage of the product to better their lives.
On its fixed deposit package, the bank notes that the scheme offers competitive interest rates on short term money market product for customers who would want to save towards future projects.
Stating the benefit, the bank explained that its tenure ranges from one month to one year, while there is high yield instrument on the scheme. The minimum initial deposit of N100, 000.00 is needed from an individual, as this product can be used as collateral for loan, it says.
Zenith bank maintains that transaction statements are available on request, while there is flexible interest rate which can be paid at every maturity or re-invested.
According to the bank, “at maturity, we offer options (subject to customers’ request) such as; automatic roll over of deposit, placement on call deposit until you decide your next step and so on.”
Explaining the call deposit of the firm, it states that, it is a flexible instrument that allows someone save and earn interest, while having access to his funds incase of urgent needs. The bank notes that initial deposit of N100, 000 is needed from the would-be beneficiary, while it can be accessible within 24 hours notice without penalty.
