FINANCE

Support for education: Zenith Bank offers ZECA education loan

&NewLine;<p class&equals;"wp-block-paragraph">Nigeria’s leading&NewLine;financial institution&comma; Zenith Bank Plc&comma; has introduced the Zenith Children’s&NewLine;Account &lpar;ZECA&rpar; Education Loan to assist parents pay their children&sol; wards&NewLine;school fees as the new school session begins&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">According to a&NewLine;statement from the bank&comma; made available to OpenLife&comma; the loan offering&comma; which&NewLine;is disbursed directly to the account of the beneficiary’s&NewLine;school&comma; comes at a very competitive interest rate and flexible repayment&NewLine;tenors&period;To access the loan&comma; parents are required to open a ZECA account for&NewLine;their children&sol;wards at any of the bank’s branches&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Commenting on the new&NewLine;loan product&comma; the Group Managing Director&sol;Chief Executive of Zenith Bank Plc&comma;&NewLine;Mr&period; Ebenezer Onyeagwu said &OpenCurlyDoubleQuote;the bank remains focused on providing premium&NewLine;financial solutions that create value for its customers and meet their&NewLine;lifestyle needs&period;”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">ZECA is a specialized&NewLine;savings product for children between the ages of 0-17 years&period; The account&NewLine;enables parents&sol; guardians save towards securing the financial future of their&NewLine;children&sol;wards&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Zenith Bank Plc is&NewLine;recognized as one of the most innovative financial institutions in Nigeria and&NewLine;was voted the most customer-focused bank in Nigeria for the Retail and SME&NewLine;segments in the 2018 KPMG Annual Banking Industry Customer Satisfaction Survey&NewLine;&lpar;BICSS&rpar;&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">The bank’s commitment&NewLine;to world-class service standards has led to several product innovations over&NewLine;the last few weeks including the &OpenCurlyDoubleQuote;Zenith Timeless Account”&comma; which allows&NewLine;Nigerians aged 55 years and above bank for free&comma; the &OpenCurlyDoubleQuote;Zenith Save for Me”&comma; a&NewLine;high interest target savings account and &OpenCurlyDoubleQuote;Dubai Visa Service” on the Zenith&NewLine;Internet Banking Platform&comma; which allows convenient application and payment for&NewLine;visas to Dubai&period;<&sol;p>&NewLine;

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