Amayi Angathe Business Savings Account

The Amayi Angathe Product and Service Offering has three main categories. These are; a Savings Account, Credit Facility and an Information Web Portal with dedicated Account Relationship Managers. The attributes of this product and service offering are summarised below:

AMAYI ANGATHE BUSINESS SAVINGS ACCOUNT

Attributes

  1. Minimum book balance of MK3,000.
  2. Concessionary monthly service fee of MK200– No service fee to apply in the

first six months.

  1. Free ATM card on account opening.
  2. Free Mo626 plus ATM usage.
  3. Discounted fee for salary payment through Electronic Funds Transfer (EFT). Transactions charge is 50% of the standard EFT charge.

AMAYI ANGATHE CREDIT BUNDLE

Attributes

  1. Maximum loan limit of MK5, 000,000.
  2. Credit card with maximum limit of MK1,000,000.
  3. Maximum loan repayment period of 24 months.
  4. Concessionary interest rate
  5. Arrangement Fee of 1%.
  6. No collateral.

Eligibility

Lady owned business with annual account turnover of up to or within MK50,000,000 (Fifty Million Kwacha only)

EXCLUSIVE WEB PORTAL CONTENT

Attributes

  1. Business owner toolkit – business plan templates, marketing technics,people management, taxation etc.
  2. Business loan kiosk – credit checklist, loan calculator, pricing andunderwriting requirements.
  3. Events – news and upcoming lady entrepreneur events. Testimonies or advice from fellow lady entrepreneurs.

mission-vision

 Vision

To be the most successful financial institution in Malawi with international visible presence.

Mission Statement

To provide the best financial services in Malawi and internationally, distinguished by outstanding service, product innovation and sustained earning.