Sterling Bank has launched a new product, One-Woman Saver Account, aimed at providing easy access to banking services at a six percent rate of return on savings to market women and traders in Ogun State. The product was designed to drive financial inclusion, enable women to create a savings culture, and improve their overall economic status over time.
The Regional Business Executive of Sterling Bank, Southwest, Evans Akinlolu, made this known at the launch of the One-Woman Saver Account at Lafenwa, in Abeokuta, Ogun State.
The Sterling Bank executive expressed the bank’s belief in women, stating that women can transform society, and supporting them is supporting the nation. The One-Woman Saver Account encourages gradual savings, and the interest rate that comes with it is one of the highest today.
Sterling Bank is one of the leading banks in the country, and they will come to the customers every day, so they don’t have to go to the bank. Every kobo of the customers’ money is guaranteed, and they get access to a soft loan after saving for six months.
The One-Woman Saver Account is a great initiative to help women grow their businesses. The account provides an opportunity for market women and traders to save money and earn interest on their savings. The account also comes with a soft loan, which customers can access after saving for six months.
With this initiative, Sterling Bank has demonstrated its commitment to driving financial inclusion, supporting women, and empowering them to create a savings culture. The One-Woman Saver Account is a step in the right direction towards improving the economic status of women in Ogun State.