Sinqe Women’s Savings Account

Coopbank introduced Sinqe-Women’s Savings Account as a tool to empower women economically. This savings account is tailored for women aged 30 years and above. Sinqe-Women’s Savings account has the following main features.

 

  • No minimum deposit amount requirement,
  • Bears better interest rates than the regular savings account,
  • Is accompanied by a separately branded debit card,
  • Account holders with average six months deposit of Birr 30,000.00 (Thirty Thousand Birr) and above will be entitled to Birr 100.00 (One Hundred Birr) incentive for up to three of their children each used for account opening.
  • It has no transaction fee.

Benefits

  • It improves the saving habits of women and the general public,
  • Builds up future planning,
  • Encourages financial independence of women,
  • Contributes to the Economic empowerment of women.