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Zenith Bank Inaugurates A Target Savings Account That Yields High Interest

The Oasis Reporters

July 31, 2019







In a bid to encourage thrift amidst the banking populace, a leading financial institution in Nigeria, Zenith Bank Plc has introduced a high interest-yielding target savings account named “SAVE4ME”. This novel scheme that has just been floated, enables customers to plan and save towards their aspirations and needs conveniently.

The new product is designed to support flexible savings for predetermined purposes such as asset acquisition or even marriage, and offers a higher interest rate than a regular savings account. Customers can operate multiple “SAVE4ME” accounts for the different things they want to achieve at the same time.

Commenting on the new savings product, the Group Managing Director/Chief Executive of Zenith Bank Plc, Mr. Ebenezer Onyeagwu said “the bank is focused on providing its customers with premium financial solutions that meet their lifestyle needs and ‘SAVE4ME’ is just one in a plethora of retail banking offerings and it would be introduced over the next few months.”

Ebenezer Onyeagwu is the new CEO, Zenith Bank PLC: “The bank is focused on providing premium financial solutions”

He further explained that the product is very important because Nigerians have a lot of aspirations, but most times these are truncated by the absence of a suitable savings plan that allows for the accumulation of funds for the actualization of customers’ target events.

Zenith Bank Plc is recognized as one of the most innovative financial institutions in Nigeria and was voted the most customer-focused bank in Nigeria for the Retail and SME segments in the 2018 KPMG Annual Banking Industry Customer Satisfaction Survey (BICSS).

The bank’s commitment to world-class service standards has led to several product innovations over the last few weeks including the “Zenith Timeless Account”, which allows Nigerians aged 55 years and above bank for free and the “Dubai Visa Service” on the Zenith Bank internet banking platform, which allows convenient application and payment for visa to Dubai.

Interested persons are required to get more information about opening a “SAVE4ME” target savings account by engaging with the bank on social media or calling Zenith Direct on +234-1-2787000.

It would be recalled that Zenith Bank Plc, a new generation bank in Nigeria, broke new grounds in shifting traditional banking onto internet platforms by utilizing cutting edge technology, thus changing the face of banking forever, in Nigeria. And that move in starting real-time online banking, put it ahead of its peers by making it a notable tier one bank with formidable assets and favourable balance sheet.

Greg Abolo

Blogger at The Oasis Reporters.

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