Term deposits

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 100,000,000
  • 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.