AI Magazine Issue 2 2017

Acquisition International - February 2017 19 Not Losing Interest Financial markets news - Cavmont Bank produces a daily market update which gives their customers an edge on information. The daily newsletter provides current money market and foreign exchange rates as well as major commodity prices. Cavmont Bank offers the following personal banking products: • Current Account; • Extra Capital Account; • Cavmont Savers Bonus Account and; • Cavmont Bank Savings Account. What is the Cavmont Bank Current Account? The Cavmont Bank Current Account is a cheque account designed to meet your everyday banking needs, allowing you to manage your finances easily at any time of the day. With the Cavmont Bank Current Account, you will receive a cheque book, free deposit books and free monthly statements. The current account also allows clients access to overdraft and loan facilities. What is the Cavmont Bank Extra Capital Account? The Extra Capital Account is a cheque account designed for that business individual that is really pressed with time as it has benefits that will make your visit to the branch easier. With the Extra Capital Account, you will receive a cheque book, free deposit books and free monthly statements. This account also allows clients attractive interest rates, access to overdraft and loan facilities. What is the Cavmont Bank Savers Bonus Account? The Cavmont Bank Savers Bonus Account is a great savings account, which entitles you to four free withdrawals per month, free deposit book and four quarterly statements also for free. Features and Benefits With the Cavmont Savers Bonus Account the account holder, spouse and up to four children or registered dependants can claim KR2,000 - K2,000,000 in the event of a bereavement. This account also offers account holders competitive interest rates, access to loans as well as KR2,000 - K2,000,000 of funeral cover underwritten by the Zambia State Insurance Corporation (ZISC) for all clients with a balance of KR200 - K200,000 or more. What is the Cavmont Bank Savings Account? The Cavmont Bank Savings Account is a savings account designed to meet your everyday banking needs, allowing you to manage your savings easily at any time of the day. Cavmont Bank offers two types of savings accounts, Ordinary Savings and Pension Savings which is aimed at pensioners who have attained retirement age and are in receipt of pension funds. With the Cavmont Bank Savings Account holders receive a competitive interest rate, free quarterly statements, four free withdrawals per month as well as access to loans. For more information on the bank’s wide array of products, feel free to contact them to find out more.