Clients to reap 13% in Tz bonuses

East African Business Week - - NEWS/ADVERT - BY TI­MOTHY KITUNDU

The Bonus Ac­count and Busi­ness Sav­ings Ac­count are prod­ucts de­signed for cus­tomers and busi­nesses with a sav­ings plan re­spec­tively

DAR ES SALAAM, TAN­ZA­NIA - Na­tional Mi­cro­fi­nance Bank Plc ‘NMB’ has en­hanced their Bonus Ac­count with an at­trac­tive in­ter­est rate of up to 13%. The of­fer is avail­able to all NMB Bonus Ac­count and NMB Busi­ness Sav­ings Ac­count hold­ers who will only with­draw funds on ei­ther ac­count once on a quar­terly ba­sis. The new in­ter­est rate has been im­proved to sup­port and en­cour­age the achieve­ment of per­sonal and busi­ness goals. The new and at­trac­tive in­ter­est rate of up to 13% which is paid on a quar­terly ba­sis means that cus­tomers will be able to en­joy a bonus in­ter­est over and above the stan­dard ba­sic in­ter­est. This is con­sid­ered to be a com­pet­i­tive rate on the busi­ness sav­ings ac­count in the bank­ing sec­tor. All ex­ist­ing and new cus­tomers of this prod­uct can now reap the ben­e­fit. Dis­cussing the new in­ter­est rate, Ab­dul­ma­jid Nsekela, Act­ing Chief Re­tail Bank­ing, NMB Plc said: “The Bonus Ac­count and Busi­ness Sav- ings Ac­count are prod­ucts de­signed for cus­tomers and busi­nesses with a sav­ings plan re­spec­tively”. There are var­i­ous in­di­vid­ual and busi­ness goals that peo­ple tend to save for such as wed­dings, con­struc­tion of a house or busi­ness space, buy­ing land, and school fees to name a few. We un­der­stand that achiev­ing these mile- stones can be dif­fi­cult and as a bank our goal through these two ac­counts is to help you ful­fill these as­pi­ra­tions by of­fer­ing an in­ter­est rate of up 13% that is ben­e­fi­cial to the amount saved. “NMB Bonus Ac­count and NMB Busi­ness Sav­ings Ac­count is there­fore de­signed to kick-start our cus­tomers goals and also help them suc­cess­fully achieve them over the years of their sav­ings by ac­cru­ing in­ter­est on a daily ba­sis. The prod­ucts and most im­por­tantly the in­ter­est rate of up to 13% is of max­i­mum ben­e­fit to ‘real savers’ who will splen­didly en­joy an ad­di­tional ‘bonus’ in­ter­est over the stan­dard in­ter­est on their sav­ings,” he said. NMB Plc con­tin­ues to be the lead­ing pi­o­neer in the re­tail sec­tor through in­no­va­tive prod­ucts and in­ter­est rates that are both com­pet­i­tive and at­trac­tive in the cur­rent mar­ket. As a trusted fi­nan­cial in­sti­tu­tion, part of NMB’S strat­egy is to well main­tain an av­enue for sav­ings mo­bil­i­sa­tion in the lo­cal mar­ket and sup­port for the con­tin­ued growth and de­vel­op­ment of in­di­vid­u­als and busi­nesses.

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