I&M Financial institution Rwanda Plc has launched Higa, a devoted financial savings resolution designed to assist ibimina (tontines), cooperatives, associations and different group financial savings schemes save securely whereas incomes aggressive returns.
By means of Higa, clients can earn as much as 7.5 per cent each year, credited month-to-month. The account is designed to supply teams with a structured and dependable approach to develop their collective financial savings whereas lowering the dangers related to casual fund administration.
Talking in regards to the launch, Yves Kayihura, Head of Retail Banking at I&M Financial institution Rwanda Plc mentioned:
“We imagine that each saving, irrespective of its measurement, is a step in direction of a stronger monetary future. Higa is designed to present financial savings teams the safety of a trusted banking associate whereas rewarding them for constructing their financial savings. By bringing group financial savings right into a structured banking surroundings, we’re serving to our clients save with confidence and develop collectively.”
Higa is on the market to ibimina, casual financial savings teams, cooperatives, associations, golf equipment, skilled teams and collective financial savings schemes.
The account gives no upkeep price, month-to-month curiosity payouts and the flexibleness of a unbroken financial savings account with no most holding interval.
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Opening a Higa account is easy. Prospects can go to their nearest I&M Financial institution department and full the usual account opening course of. Teams will likely be required to supply the related identification and supporting documentation primarily based on their group construction, the Financial institution said.
With Higa, I&M Financial institution continues to increase entry to related and inclusive monetary options that reply to the wants of communities and group-based savers.
For extra info, go to your nearest I&M Financial institution department or contact us on 3227.
Extra info on I&M Financial institution (Rwanda) Plc may also be discovered on its web site:
https://www.imbankgroup.com/rw.
About I&M Financial institution (Rwanda) Plc
Included in 1963, I&M Financial institution (Rwanda) Plc is the oldest financial institution in Rwanda. It’s at this time one of many main gamers within the business with a powerful footprint throughout the nation.
I&M Financial institution (Rwanda) Plc gives a full vary of non-public, enterprise, institutional, and company banking merchandise all through its areas. The Financial institution has been listed on the Rwanda Inventory Alternate since March 2017.
The Financial institution can be a subsidiary of I&M Group PLC, a number one regional monetary companies group in Japanese Africa with a presence in Kenya, Tanzania, and Uganda in addition to a three way partnership in Mauritius. I&M Group has an extended historical past in banking and has established a large community of correspondent banks throughout the globe and enjoys a powerful relationship with main worldwide Growth Monetary Establishments.
