Sterling Bank Plc has recently introduced a new savings account product called ‘One-Woman Saver’ aimed specifically at market women and traders.
The account offers easy access to banking services and provides a six percent rate of return on savings.
Evans Akinlolu, the South West Regional Business Executive of Sterling Bank, explained that the product is designed to drive financial inclusion and enable women to develop a savings culture, ultimately improving their economic status over time.
During the launch event held in Abeokuta, Ogun State, Akinlolu emphasized the importance of incorporating women in initiatives aimed at strengthening the economy.
He expressed Sterling Bank’s belief in the transformative power of women and stated that by supporting women, they are supporting the nation as a whole.
Akinlolu highlighted that the ‘One-Woman Saver’ account encourages gradual savings and offers one of the highest interest rates available in the market.
Additionally, he mentioned that the bank is committed to reaching out to customers directly, ensuring convenience by eliminating the need for customers to visit the bank.
Representing Women’s World Banking, Mr. Emezino Afiegbe stated that the organization chose to partner with Sterling Bank due to its ability to address the financial needs of women.
He acknowledged the bank’s focus on prioritizing women’s needs and expressed their readiness to support women in their financial journey.
By introducing the ‘One-Woman Saver’ account, Sterling Bank aims to empower market women and traders, promote financial inclusion, and contribute to the economic growth and development of the nation.
