By: Kenneth Nsiah Yeboah, Jacobu
The Odotobri Rural Bank, has launched two innovative product for its numerous customers across the Ashanti region.
The Chief Executive Officer (CEO) of the bank, Alhaji Siaka Baba Ahmed, said the product Child Education plan time ( me ba daakye nti) and car loan product for account holders, gives their prospective customers life cover to meet their life contingencies.
Speaking to The Herald in an interview at Jacobu in the Amansie Central District in the Ashanti region, the headquarters of the bank, Mr Baba Ahmed, indicated that the child Education, is a unique and flexible endowment plan designed to meet all children education financing needs.
The CEO noted that people with permanent disability, could enjoy the education policy disease retrenchment funds, which was through payment of the hedge against inflation and minimum of GH¢50 every month and it should ensure that, the child is 18 years and above, but not over 55 years.
On the car loan, the (CEO) explained that it is giving drivers head package in the policy plan and self reliance in their endeavour, adding that it is absolute peace of mind.
He mentioned brand new Toyota Corolla, Hyundai Matrix, as well as salon Opel Cars packaged in the car loan, including waiver of premium package for their customers.
The bank, has carved a niche for itself in terms of their corporate social responsibilities. The bank also won (CIMAG) award in 2016.