30 August 2021GABORONE - GABORONE - Stanbic Bank Botswana is committed toward supporting customers and Batswana at large to save for emergencies, rainy days and important life goals. This is especially given the enhanced financial strain brought on by the pandemic, when a culture of dsaving is more important than ever before. Against this background, the bank has introduced the Koketso Savings Account. As a Bank, we strive at every turn to give you, our valued customers tools you can use to save money for rainy days. This is one step for you to put money aside and assist your loved ones especially during these hard times of COVID- 19..This is a high yield savings account aimed at satisfying the wider economic cadre, the savings account serves to offer customers more competitive investment solutions. As household debts increase more in time, the need for inculcating a greater culture of savings is key and holds benefits at both micro and macro-economic levels. Increased savings means more money for investment, which acts to boost the National economy, whilst on an individual level, this means more financial security..Said Stanbic Botswana Head Secured Lending, Mr. Wabo Moswate, “As a bank, we firmly believe in offering our clients superior value and bespoke solutions that make a meaningful difference in their lives. With the Koketso Savings Account, we have upped the ante in the drive towards promoting more savings efforts amongst Batswana. The solution encourages customers to save at no account operating costs, whilst earning high returns on their savings. Our unique proposition which distinguishes us as a preferred partner is that there are no monthly maintenance fees and we offer competitive interest rates on investment.”.According to the Bank, with the Koketso Savings Account, customers have access to one free withdrawal per quarter while all other withdrawals are charged a subsequent fee. The interest gained is calculated daily and paid monthly. Furthermore, the offering brings a variety of benefits, including:An opening balance of BWP 100.00 No management feesNon deposit feesAdditional deposits which are allowed at any timeAccess to funds at any time; andThe account can be accessed through Mobile Banking, Internet Banking and ATMs.“As a Bank, we understand the importance of saving as a means to securing your future, including that of your loved ones. We care about relevant, value adding solutions for our customers and our Nation, that are also designed to encourage a greater culture of savings. By establishing a savings culture, we hope to improve the lives of Batswana and inspire them to turn their dreams into reality. We believe that dreams matter. That is why we partner with our clients through their growth journeys, taking uncharted paths, together. Paths that lead to growth. Every day we are inspired to find new ways to make dreams possible, because with Stanbic Bank, It Can Be,” concluded Moswate.ENDS.