Banco Económico is inspired by the football world cup and launches global deposit

O Economic Bank, was inspired by the 2018 Football World Cupand should launch DP Mundial, a nine-month term deposit, with increasing rates of up to 18%, with the possibility of an additional 2% bonus when renewing the depositreported Angop.

With subscription starting from 30 thousand kwanzas, DP Mundial term deposit with increasing rates every quarter, which present a profitability of Gross Nominal Annual Rate (TANB) of 7% in the first three months of maturity, in the second quarter the investment capitalizes 10% and in the third quarter it reaches 18%.

Until June 13, 2018, the subscriber is invited to indicate at the time of formation which team they think will win the 2018 World Cup. If the guess is correct, the customer will receive a 2% TANB bonus in the third quarter, upon renewal of the deposit, thus benefiting from a 20% rate.

For customers who subscribe to this product, Banco Económico offers an official ball, every 50 contracts. An edition that is being highly coveted by lovers of the sport, inspired by the first official ball of the biggest football tournament in the world, used in the 1970 World Cup.

This application is also available to companies or institutions, with different subscription options, depending on the amounts invested, for a maturity of just 180 days.

As for individual clients, in contracts signed until June 13, 2018, if the winning selection is correct, the client renews the capital invested at increasing rates of up to 20%.

Henda Teixeira, Executive Director of Banco Económico, adds “We guide the creation of new products and services to stimulate consumer savings and investment in exclusive financial products with high levels of attractiveness. This time, we developed a financial application inspired by one of the world’s main sporting events, with extremely competitive profitability rates for the Angolan banking market. This new deposit represents another step by the bank in its commitment to innovation”.

This year’s football World Cup will take place in Russia.