The Sierra Leone Commercial Bank (SLCB), the country’s leading financial services provider, has launched a range of lucrative investment products aimed at improving the financial wellbeing of its esteemed customers and encouraging a strong savings and investment culture.
The newly introduced products include Treasury Bills and a Fixed Deposit Account, both designed to provide secure and rewarding investment opportunities for individuals, businesses, and institutions across Sierra Leone.
SLCB’s Treasury Bills offer customers a short – to medium-term investment option with flexible maturity periods of 90 days, 180 days, and 364 days. This product is ideal for customers seeking low-risk investments with competitive returns.
The Treasury Bills are offered at an advised minimum deposit amount of Le10,000,000 and are issued at a floating interest rate averaging between 0% and 20%. The applicable interest rate is fixed at the date of purchase, providing investors with certainty and transparency throughout the investment period, while the Fixed Deposit Account is a medium-term investment product with a 364-day maturity period, designed for customers looking to grow their funds over a longer duration with guaranteed returns.
This product is available at an advised minimum deposit amount of Le 50,000,000, with interest rates determined and calculated by the bank based on prevailing market conditions. It offers a safe and reliable avenue for customers to earn attractive interest in idle funds.
Commitment to Customer Growth
By launching these investment products, SLCB continues to demonstrate its commitment to empowering customers financially and supporting economic growth in Sierra Leone.
The bank encourages customers to visit any SLCB branch nationwide for more information and personalized investment guidance.
