Investment

Ekondo Investment Note

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This product is a tenured savings product in which the customer can fix his/her excess cash for a period of time. The product is available to both individual and corporate customers.

Features and benefits

  •  Starting balance is not less than N50,000
  •  Attracts interest far larger than conventional
  •  It is tenured for 30,60,90 or 180 days etc
  •  Can be used as collateral for loan
  •  Amount above N 2m attracts negotiable interest rates
  •  May be accepted as collateral