Savings Accounts

There are three types of savings accounts offered at our bank and they are as follows:

Personal Savings

The initial deposit required to open this account is birr 5,000. An average daily balance of birr 25,000 is required to offset the fee of birr 250. It is an interest bearing account where the interest is earned daily and compounded monthly. There is a grace period of ten days to build up the balance to the required amount.

Prestige savings
The initial deposit required to open this account is birr 5,000.An average daily balance of birr 100,000 is required to offset the fee of birr 500. It is an interest bearing account where the interest is earned daily and compounded monthly. There is a grace period of ten days to build up the balance to the required amount.

Z club savings
The initial deposit required to open this account is birr 5,000.An average daily balance of birr 500,000 is required to offset the fee of birr 750.It is an interest bearing account where the interest is earned daily and compounded monthly. There is a grace period of ten days to build up the balance to the required amount.