This is for insurance companies, high net worth individuals, savings societies and other companies with significant cash balances. We offer term-deposits for a range of tenors at competitive interest rates pegged on on-going market conditions.
Features:
- Fixed deposit for a certain period of time
- Minimum balance of BIF 25,000,000
- Competitive fixed Interest rate.
- No monthly maintenance charges.
- Interests compounded daily and paid monthly.
- The tenor range from 1 month to 1 year
Benefits:
- Simplicity: Easy to open
- Confidence: A fixed rate, which means you know in advance what you will get.