Flagship Products and Services

REDACOS (Resort Daily Contribution Scheme)

Objective
To provide opportunity for the small saver and help build his small but regular daily savings to become tangible enough to facilitate attainment of his financial goals.

Target Audience

  • Tradesmen
  • Daily income earners
  • Sole proprietors

Features

  • Minimum contribution of N1,000 daily
  • Can be paid at the bank or customer's location
  • Provision of free financial advisory services
  • Balance transferable to savings account on request

Benefits

  • Provides savings opportunities for daily income earners
  • Brings banking services to the door steps of the commodity market operatives
  • Provides mortgage services to the informal sector
  • Secures contributor's fund and promotes saving habit.
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