Youth Saving yaye March 8, 2024
YOUTH SAVING ACCOUNT

Youths are the future’s economic actors.

 As heads of households, employees, and contributors to their communities, they will take financial decisions that will ultimately have an impact on the stability of the country’s economy. Therefore, Abay Bank has developed a special saving account for youth.

We see ourselves as the catalyst for growth, the source that empowers people, the driving engine to unlock their full potential and reach heights they never thought possible.

YOUTH SAVING ACCOUNT
Invest in Your Future, Invest in Yourself.

SIMPLY & CONVIENECE

Amazing features & Benefits
With exlusive benefits, personalized services, and tailored financial solutions, the Nigist Saving Account is here to support and elevate women on their journey to financial greatness.
Attractive interest rates

Account holders enjoy higher interest rate of 7.215% per annum

Account Switch

The Account can be converted into a regular savings or current account, with the young saver as an authorized signatory. This is however only after the Enbut kids saver has attained the age of 18​

ATM Card Access

From the age of 13, Youth account will be opened for the teenager which comes with a Trendy Teen ATMCard (issued upon Parent’s request) so the child can learn to manage money responsibly.es.

Linked accounts

Link your bank account (Capital One or another bank) to your child’s bank account.

Multiple accounts

Create multiple Kids Savings Accounts for each of your child’s financial goals.The account also features Automatic savings (Send their allowance on schedule and make regular deposits)

How to Apply and Required documents

Download any of the forms below, fill and email a copy of the completed form to apply@abaybanksc.com

or Drop at any AbayBank branch closest to you.

Valid and renewed ID showing copy of which will be retained. For organization: A letter of account opening request, which is signed by concerned organ who have such power and sealed by the company stamp.

​Minimum opening/account balance of 100 ETB (One Hundred Birr).

Kids Savings Accounts are fee-free and don’t require a minimum balance.

Send their allowance on schedule and make regular deposits.

Find the right financing for your business. apply@abaybanksc.com.com

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We place great importance on fostering the growth of our business, as well as our personal and professional development, recognizing these as critical elements in our pursuit of greatness.