Below are the various investment products we have for our customers:
An investment vehicle where funds or deposits are locked in for a specific fixed period at a fixed interest rate.
Features:
- Interest is paid upon maturity of the investment.
- Competitive interest rates.
- Tenors of 30 days, 91 days, 182 days, 1 year and 2 years are available.
- Funds may be rolled over upon request.
Treasury bills (T-bills) are government-backed securities issued by Bank of Ghana usually with maturity periods of 91 days, 182 days or a year. T-bills for longer periods (1 year Treasury note, the 2 year Treasury bond, and the 3 year Treasury bond) are also available. Treasury bills are made available at all the branches of Asante Akyem Rural Bank.
Features:
- Roll over only the principal amount and receive accrued interest.
- Roll over both the principal and the accrued interest.
- Can be re discounted at the bank
Requirements:
- Application form to be filled in at the Bank’s Customer Services Unit (CSU) , alternatively
Benefits:
- Tenor varies depending on type of security:
- BOG Bills- for periods below 1 year
- BOG Notes-for 1 and two year papers
- BOG Bonds-for periods above 2 years
Repayment is guaranteed by the Sovereign backing of the Government of Ghana.
Asante Akyem Bank provides timely updates and investment advice to enable you to effectively manage your portfolio.