Amana Bank launches Senior Citizen’s Savings Account
Friday, 4 October 2013 02:13
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As a mark of respect towards the senior citizens of the country, Amana Bank introduced its very own Senior Citizen’s Savings Account on 1 October 2013, coinciding with World Elder’s day.
Commenting on the new account, the Bank’s Vice President Consumer Bankingand Strategic Marketing Siddeeque Akbar said: “We believe that growing old should be seen as rewarding and that is why we are happy to offer this special savings account with a bouquet of benefits and added conveniences.”
The Senior Citizen’s Savings Account can be opened with a minimum deposit of Rs. 1,000 at any of the bank’s branches located islandwide. Other than benefiting from a higher profit sharing ratio, the account holders will alsobe eligible for a free ATM card which has access to 500+ ATMs islandwide and gift vouchers to be redeemed at selected hospitals and bookshops.
A special identification card and a Senior Citizen’s Saving Account pass book will be provided to all account holders.The account can be opened for individuals above 55 years of age.
Powered by the stability and the support of its strategic shareholders Bank Islam Malaysia Berhad, the Islamic Development Bank based in Saudi Arabia and AB Bank in Bangladesh, the bank is focused on capitalising the growing market potential and demand for this unique banking model across the country.
