Rev Fitzgerald Odonkor (4th in front row from left) and executives of MBM
Capital Bank has launched a new product dubbed, ‘Young Achievers Account’ to enable parents strategically invest in the education of their children.
Managing Director of Capital Bank, Fitzgerald Odonkor, launching the product recently in Accra, said the Young Achievers Account is a trust account aimed at providing the best financial security for children from birth to age 17.
“Clients need only an opening balance of GH¢10 and an operating balance of GH¢100.
The account comes with interest tiered at 2 percent above Capital Bank’s Savings Account rate,” he said.
Capital Bank, in partnership with MBM Associates and REVO Education Service, is offering free iLearn Tablets to the children whose accounts would have a balance of GH¢5,000 and more.
The iLearn Tablet is configured with 42 approved textbooks from the Ghana Education Service, Past questions and answers from Junior High School (JHS) to Senior High School, Maths formula and Student Companion.
Parents also get 10 percent discount for books purchased at the Sytris Book Shop and up to 15 percent discounts on football and swimming programmes at the Lizzy Sports Complex.
iLearn tablets were given to Erica Adubufour, Kweku Temeng Adu-Asare and Stephanie Nhyira Enchill, the first three Young Achiever clients.
Executive Director of Marketing Business Management (MBM), Susan Presko Dankwa, urged parents to invest in the education of their wards.
She asked them to take advantage of new technologies like electronic learning and get them gargets such as iLearn tablets.
Ms Dankwa also called on government to partner MBM to provide every child in Ghana, especially the rural areas, with iLearn tablet.
A business desk report