Energy Executive Investment

DEFINITION

This is an interest bearing account available in local currency

 

FEATURES

Minimum opening and operating balance of GHS 10,000

Minimum monthly contribution of GHS 2,000

Minimum investment period of 182 days

Guaranteed 182 days Treasury Bill yield

One withdrawal allowed per quarter,

0.2% bonus interest if no withdrawal is made in two quarters

Premature liquidation of investment attracts a penalty charge

Access to 80% of balance as a loan processed within one working day payable up to 12 months

Loan interest rate will be pegged at the going Base rate

Can be opened as an individual account or as joint account for two individuals

 

TARGET

High Net worth individuals with annual income between GHS70,000 to ≤500,000

 

MAIN BENEFITS

With attractive applicable rates it ensures that profit earning potential of the investment is maximized

Access to some funds on quarterly basis

Funds can be used as cash collateral to access loan whiles still earning interest

High net worth Individuals have means to build up funds towards personal asset acquisitions.