NigeriaBusinessInfo.com
NEWS GOVT & AGENCIES CAPITAL MARKET OPPORTUNITIES ECONOMIC DATA CHAMBERS OF COMMERCE TOURISM SCREENSAVERS
 Home Subscribe
News & Features Section
Quick find? Search 100s of Pages
Nigerian Newspapers
The Guardian
ThisDay
Punch
Vanguard
BusinessDay
Weekly Magazines
Tell
NewsWatch
Other News Sources

<
All Africa.com
Africa Intelligence.com
Others
Corporate Personalities
Classified Adverts
Interactive Homepage
Site Map

Like this site? Fill out and submit the form below to send an e-mail to your friend about it.
Privacy Policy

Your Friend's E-Mail Address:
Your E-Mail Address:
Your Name:
N
B
I
First Bank of Nigeria PLC. Launches New Products (Posted 8th Nov, 2001) Tell your friends about this page! Email it to them.

Trade fair periods are usually an avenue for exhibitors to unveil new products into the market, thus the management of First Bank Plc. one of Nigeria's banking giants seized the opportunity to launch a new product into the Nigerian financial market at the ongoing Lagos International Trade Fair.

First Bank's new products are First Education Savings Scheme (FESS), First Target Saving Scheme (FTSS) and First Retirement Savings Scheme (FRSS). According to Mrs. Bello Osagie, a staff of the Bank, FESS affords parents the privilege to give their wards good and qualitative education to any level in their quest for personal development and achievements.

FTSS, another product is designed to assist customers achieve specific plan or project, while the third product FRSS will provide succour for the operators after retirement. The above product attracts a special interest of about one percent (1%) above the prevailing interest rate, 100 percent insurance cover of account balance up to N2 million Naira in case of permanent disability or death through accident for FESS.

The two other products, "FTSS" and "FRSS" requires an opening balance of N10, 000 Naira each. First Retirement Savings Scheme (FRSS) has the similar features with First Education Savings scheme (FESS) in areas of Insurance cover, attracts a balance of about N2 million and N5 million of 100 % and 200% cover respectively.

© NigeriaBusinessInfo.com

Tell your friends about this page! Email it to them.

UP


N
B
I
Our Recent Features

Governor Attah's Power Calculations

NITEL's GSM Gamble

Nigeria’s LNG Company Awards Gas Project Contract

Nigeria’s Power & Steel Minister Speaks on Improving Power Supply

Nigeria's Fuel Bogey

A Peep into 2003 Elections

Nigerians Count Their Blessings

A Nation Rebounds

419:A Festering Sore

Rebuilding A Nation

 

Submit your comments about this site or something you found on it.
Privacy policy

NAME:

E-MAIL:

Tick to receive updates


Home   News & Features   Govt & Govt Agencies   Capital Market   Investment Opportunities   Economic Data   Chambers of Commerce    News Archive   Tourism & Leisure   Corporate Personality of The Month   Useful Nigeria-Specific Sites   Classified Adverts   Submit your Email for News Alerts   Recommend Us to Someone   Search This Site   Site Map    Link to Us   Legal Notices/Disclaimer   About This Site   Privacy Policy   About Us   Contact Us

   

Copyright © 2000-2001 bROADBASE(UK) Ltd & Broad End(Nig) Ltd. All rights reserved. Copyright © 2000-2001 Nigeriabusinessinfo.com. All rights reserved.