About Us

Business Investment Solutions

Our Fixed Deposit Accounts allow our clients to invest larger amounts at fixed interest rates

WHO CAN APPLY
  • All Business Account Holders
FEATURES 
  • Competitive interest rates 
  • Account can be pledged as security 
  • Customer selects tenor of maturity 
  • Customer can either choose to mature the account or roll it over at maturity 
BENEFITS
  • Free statement upon request 
  • No maximum balance required 
  • Interest may be paid out into another account

. 

Treasury Bills are short term debt securities issued by the Central Bank on behalf of the Government. The bills mature over periods of 91, 182, 273 and 365 days. Applications can be made from our branches at a discount, with the principal and interest paid at maturity.

WHO CAN APPLY
  • All Business Account Holders
FEATURES 
  • Risk-free investment 
  • Can be used as security/collateral when borrowing from financial institutions. 

This is a more fixed investment account that allows the customer to invest a lump sum over a short period at a fixed interest rate and fixed tenure.

WHO CAN APPLY?
  • All corporate customers
  • All public sector customers
FEATURES
  • The account is available in ZMW
  • No minimum balance required
  • No maximum allowable balance required
  • The current applicable tenures are: –
    • 30 days
    • 60 days
    • 90 days
    • 180 days
    • 1 year
  • Competitive interest rates available on the product
  • Interest payment is upfront on account opening
BENEFITS
  • Competitive interest rates
  • The customer is credited the interest on the deposit upfront on account opening
  • The fixed deposit amount can be used as security for a loan
  • The customer selects the period of investment
  • The deposit tenure can be renewed at maturity
  • The customer can choose to have the interest paid into an account of their choice
  • There is no maximum deposit amount required
ACCOUNT OPENING REQUIREMENTS
  • A Zanaco Current or Savings Account