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BANKING & FINANCE

Last Updated Monday, June 9, 2008

   

Ecobank offers free recharge
cards to new customers
 

Ecobank Nigeria Plc is offering free recharge cards of up to 1000 Naira to customers who embrace its recently re-launched “Ecobank Welcome Account” (EWA); a special savings account for small savers. The Ecobank Welcome Account entitles the customer to a three percent interest on deposits, a Free ATM debit cards, Internet access and SMS banking as well as a recharge card of his or her choice.
Commenting on the re-launch of the Ecobank Welcome Account the bank’s Head of Retail Liabilities, Nike Kolawole said the product which is an improvement on other competing products in the banking industry has been designed to offer ordinary Nigerians the opportunity to benefit from banking services. According to the product head, the re-launch became necessary so as to reach out to two types of customers. The first are the customers of the former Hallmark and Allstates Trust Bank who left their banks in the wake of the former institutions’ misfortune, the second group are new savings customers. The recharge cards are meant to act as incentives to all these group of customers regarded as small savers.
In the words of Ms Kolawole “most Nigerians, especially those in the small savers category, that include artisans, student and petty trades need this form of special account, as it offers them convenience and flexibility in their business transactions”. Immediate benefits of the account she explained include, Free ATM Debit for ease and convenience, Access to Sms/Internet banking at minimal cost.
The promo which has already kicked off is billed to end in few weeks time. A customer desiring to benefit from this free recharge card simply needs to complete Account Opening Package with two passport Photographs and a means of Identification (Drivers License, International Passport or National ID) and two Independent Satisfactory References for Cheque and Dividend Warrant Lodgments.
Ecobank Nigeria has in the last few years been in the forefront of unique product innovation in the Nigerian financial industry. It has successfully pioneered the introduction of a variety of local, regional and international card schemes in Nigeria some of which include Ecobank MasterCard: first issued in Nigeria & West Africa by Ecobank (also the first in Nigeria to implement an International Card Management System); Ecobank Naira Credit Card: first issued and currently offered in Nigeria by Ecobank; Ecobank Regional Travel Card: first issued and currently available in Nigeria only at Ecobank. The bank is also one of the few Nigerian banks that undertake transactions in CFA and Cedis; popular currency denominations used in the West African coast.
Ecobank Nigeria is part of Ecobank Group established in 1985 as a regional financial institution by the West African business community with the support of ECOWAS to promote Regional financial co-operation in West Africa .
Ecobank Group through its economic activities in the area of product innovation and credit lending is today considered by many investors as a gateway to the West and Central African financial markets offering world class products and services in 22 countries of the West, Central Africa and Eastern Africa.
 

 

   

Glo launches Benin republic network
 

Youths besiege Ecobank
branches to register for
entrepreneur TV series
 setting up businesses in Nigeria is fraught with problems
—W/Bank


 

 

©2005 New Nigerian Newspapers Limited.