Wednesday, February 8, 2023
  • About
  • Advertise
  • Privacy Policy
  • Cookie Policy
  • Contact
  • Subscribe
  • E-edition
  • Login
  • Register
  • Home
  • News
  • Economy
  • Columns
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
    Limited Game Time Compels Seakanyeng to Quit UAE-Based Outfit 

    Limited Game Time Compels Seakanyeng to Quit UAE-Based Outfit 

    Debswana sponsors BFA’s National First Division League with P3.9m 

    Debswana sponsors BFA’s National First Division League with P3.9m 

    Ditlhokwe Tipped to Excel at Kaizer Chiefs

    Ditlhokwe Tipped to Excel at Kaizer Chiefs

    BCF Aims to Resuscitate Chess this Year

    BCF Aims to Resuscitate Chess this Year

    Tebogo’s Move to US on Hold

    “Don’t Panic,” Tebogo is advised as He Transits to Senior Level

    NSAs decry Absence of School Sports 

    NSAs decry Absence of School Sports 

    Trending Tags

    • Subscribe
    No Result
    View All Result
    • Home
    • News
    • Economy
    • Columns
    • Companies & Markets
    • In Business With
    • Lifestyle
      • Motoring
    • Sports
      Limited Game Time Compels Seakanyeng to Quit UAE-Based Outfit 

      Limited Game Time Compels Seakanyeng to Quit UAE-Based Outfit 

      Debswana sponsors BFA’s National First Division League with P3.9m 

      Debswana sponsors BFA’s National First Division League with P3.9m 

      Ditlhokwe Tipped to Excel at Kaizer Chiefs

      Ditlhokwe Tipped to Excel at Kaizer Chiefs

      BCF Aims to Resuscitate Chess this Year

      BCF Aims to Resuscitate Chess this Year

      Tebogo’s Move to US on Hold

      “Don’t Panic,” Tebogo is advised as He Transits to Senior Level

      NSAs decry Absence of School Sports 

      NSAs decry Absence of School Sports 

      Trending Tags

      • Subscribe
      No Result
      View All Result
      The Business Weekly & Review
      No Result
      View All Result
      Home News

      Absa launches thrilling youth banking product

      Absa Bank Botswana has introduced a new youth-targeted project dubbed the Youth Banking that aims to help young people transition into adulthood.

      mm by Staff Writer
      January 25, 2022
      in News
      Reading Time: 3 mins read
      0
      Absa launches thrilling youth banking product
      0
      SHARES
      308
      VIEWS
      Share on FacebookShare on Twitter
      • Bank considers inclusion of youth as clientele
      • Young people to get financial services and career advice

      According to Absa, the new proposition is geared at meeting the multi-faced needs of young clientele from the ages of 0-30 years. Through the new product offering, young people will have access to a plethora of solutions to serve their transactional and savings needs, as well as borrow as their financial sophistication grows and they reach different stages of their lives.

      “We are excited to bring a youth value proposition to the market that has the potential to make a real difference in our customers’ lifestyles,” said Valeta Mthimkhulu, Retail Director Absa Bank Botswana. “As Absa Bank Botswana, we recognise the incredible role that youth play in our communities.

      “We acknowledge that they are the backbone of any society and hence play an active role in the economic development and growth of our nation. In this regard, we are always looking for purposeful ways to support them in their aspirations.”

      A press release issued this week said the new initiative offers something for everyone as it aims to provide affordable banking solutions, including the Future U Account, Ignition Account and the new Graduate Starter Pack.

      It added that the Future U Savings Account is made for young people between the ages of 0-18 and offers features such as free first debit card, interest paid out on a quarterly basis, a worldwide accepted VISA debit card, bonus education interest if no withdrawals are made in a quarter and discounts at Absa partner stores.

      This is what the press release said about the young transactor: “The Ignition Current Account is directed at young people up to 24 years. This account recognises that users have reached an age where their tastes have become more distinct, and they demand more control of their life. “It comes with a free debit card that allows them to make purchases on the move and track their spending, free mobile banking anywhere at any time as well as free access to the Youth Hub to get them ready for the next chapter of their growth.”

      It has features such as up to 50 percent discount when swiping a debit or a credit card at any of Absa merchant partners, a worldwide accepted VISA debit card, Interest on credit balances of up to 1 percent paid monthly, Free SMS alerts and eStatements  and access to mobile and online banking and Abby.

      The Graduate Starter Pack is targeted at young adults under 30 years. It features graduate loans of up to P75,000,  a credit card with a starting limit of P2,000, free P5,000 funeral insurance cover, free P10,000 accidental funeral cover, free point-of-sale transactions, free first debit card, free online and mobile banking, free ATM withdrawals and SMS alerts and a worldwide accepted VISA debit card.

      Over and above the free access to the Mobile Banking App and the Rewards and Discounts, there is the youth hub service which offers online career development programmes that focus on upskilling youth and assisting them with becoming employed.

      According to the press release, specific services provided include a career services programme such as CV writing, interview tips, email and SMS job notifications, preparation for aptitude tests, industrial training  and internships. “Part of our commitment as Absa Bank Botswana is building and creating a friendly banking environment for our youth,” Mthimkhulu explained. “Our goal is to expand access to tailor-made financial services to the youth that enable them to make sound financial choices now and well into their future. As a bank, we remain committed to offering innovative financial solutions that bring possibilities to life.”

       

       

       

      Tags: Absa Bank BotswanaValeta Mthimkhulu

      Navigation

      • Home
      • News
      • Economy
      • Columns
      • Companies & Markets
      • In Business With
      • Lifestyle
        • Motoring
      • Sports
      • Subscribe

      Recent News

      • February 3rd Edition
      • Import Ban on Veges Could be Lifted
      • The Net Tightens Around Van Niekerk
      • Fiercely Schiaparelli: All that Glitters and Roars 
      • Bassett’s Queen is a Class Act 

      Site

      • About
      • Advertise
      • Privacy Policy
      • Cookie Policy
      • Contact
      • Subscribe
      • E-edition

      © 2021 The Business Weekly & Review. All Rights Reserved.

      No Result
      View All Result
      • Home
      • News
      • Economy
      • Columns
      • Companies & Markets
      • In Business With
      • Lifestyle
        • Motoring
      • Sports
      • Subscribe

      © 2021 The Business Weekly & Review. All Rights Reserved.

      Welcome Back!

      Login to your account below

      Forgotten Password? Sign Up

      Create New Account!

      Fill the forms below to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
      Are you sure want to unlock this post?
      Unlock left : 0
      Are you sure want to cancel subscription?