PrimeGrow & PrimeAccess
PrimeGrow
A PrimeGrow account with Forumel Bank allows you to reap the full benefits of an increasing interest rate cycle. With an interest rate linked to Prime, you can earn maximum interest over a fixed savings period.
Key Features and Benefits
Prime-linked rate: Watch your investment grow as the Prime rate rises
Higher return: Be rewarded with higher interest rates for fixing your savings period
Flexible fixed terms: Choose the fixed term that suits you best
Minimum savings amount: Enjoy all the benefits of a PrimeGrow account with a minimum investment of $50 000.
PrimeAccess
PrimeAccess is a 12-month fixed investment account which enables you to access up to 30% of your funds over three occasions within a 12-month period. This means that you can keep 70% of your savings fixed until maturity but still have access to some funds if and when you need them.
Key Features and Benefits
Access: Access up to 30% of your savings, three times over a 12-month period, if required
Security: Take comfort in the knowledge that you can earn solid returns on at least 70% of your savings, fixed until maturity
Notice: Give only 24-hours notice if and when you need to withdraw some funds
Interest: With interest earned on your account directly linked to Prime, stand to gain if the Prime rate rises and earn interest rates in line with 12 month deposit rates
Minimum investment: Enjoy all the benefits of a PrimeAccess Account with a minimum investment of $100 000.
A PrimeGrow account with Forumel Bank allows you to reap the full benefits of an increasing interest rate cycle. With an interest rate linked to Prime, you can earn maximum interest over a fixed savings period.
Key Features and Benefits
Prime-linked rate: Watch your investment grow as the Prime rate rises
Higher return: Be rewarded with higher interest rates for fixing your savings period
Flexible fixed terms: Choose the fixed term that suits you best
Minimum savings amount: Enjoy all the benefits of a PrimeGrow account with a minimum investment of $50 000.
PrimeAccess
PrimeAccess is a 12-month fixed investment account which enables you to access up to 30% of your funds over three occasions within a 12-month period. This means that you can keep 70% of your savings fixed until maturity but still have access to some funds if and when you need them.
Key Features and Benefits
Access: Access up to 30% of your savings, three times over a 12-month period, if required
Security: Take comfort in the knowledge that you can earn solid returns on at least 70% of your savings, fixed until maturity
Notice: Give only 24-hours notice if and when you need to withdraw some funds
Interest: With interest earned on your account directly linked to Prime, stand to gain if the Prime rate rises and earn interest rates in line with 12 month deposit rates
Minimum investment: Enjoy all the benefits of a PrimeAccess Account with a minimum investment of $100 000.
Business Savings
Our Business Savings products cater for all your investment needs and deliver a solid return on your investment. Make payments and collect funds using a comprehensive range of convenient banking channels...
PrimeGrow & PrimeAccess
Access up to 30% of your savings, three times over a 12-month period, if required. With interest earned on your account directly linked to Prime, stand to gain if the Prime rate rises and earn interest rates in line with 12 month deposit rates...
Debt Capital Market
Forumel Bank specialises in providing lending solutions for Individuals, SMEs, institutions, as well as for commercial, development, investment or insurance companies, asset managers and pension funds. Some of our lending products include: term loans, revolving credits and overdrafts...
Blended Finance
Blended finance can assist in mitigating early-entrant costs or project risks, helping re-balance risk-reward profiles for pioneering investments and enabling them to happen as highlighted in the Emerging Markets Compass Note...
