The Bank is introducing this product is to provide exclusive and customized financial services that effectively address the banking product and service needs of higher officials in organizations across Ethiopia.
Board members, CEO, Director, Vice President, Managers: These job titles indicate varying degrees of leadership and responsibility within an organization. However, the hierarchy and specific responsibilities associated with each title can vary widely depending on the company, industry, location, and size of the organization.
The positions mentioned above are crucial for the success of any organization, as they serve as key decision-makers.
Account Features and Benefits
- The account includes a special saving feature and operates through cheques.
- Exclusively available for higher officials of organizations.
- The interest rate is determined based on the account's minimum monthly balance.
- Account holders having a deposit of Br. 3 million and above will be awarded a loyality card and get priority for any of their banking needs at branches.
- Account holders have access to multi-channel services such as debit cards, online banking, and mobile banking at any time.
- This account holder will receive a higher interest rate than ordinary savings accounts.
- Loans for executive account holders who are in charge of organizations/ companies.
- Doorstep service to account holders for deposits, CPO, and cheque collections.
- Preferential priority on Forex services for approved travel abroad at spot selling rates.
- Dedicated Relationship Manager for any banking needs and advice.
Eligibility Criteria
- Shall be in positions of administrators, ranging from Executive Officer to Manager, in private enterprises, non-governmental organizations, commercial corporations, and government organizations.
- Shall provide an ID that states his/her hierarchy or position.
- Shall provide a taxpayer identification certificate.
- To earn interest, holders shall secure a minimum monthly balance of Birr 100,000.
