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Over K400m mobilised under MSB promo

Chilima: Over 5 000 special savings accounts were opened with over K400 million mobilised.
Chilima: Over 5 000 special savings accounts were opened with over K400 million mobilised.

Over 5 000 special savings accounts were opened with over K400 million mobilised under Malawi Savings Bank (MSB) special savings promotion.

MSB marketing and corporate affairs manager, Brenda Chilima indicated that through the promotion, the bank offered its customers a platform not only to save money and gain 12 percent interest on their savings but also to encourage and incentivise a saving culture among Malawians.

“We are proud of the results that the special savings account promotion has yielded.  We have seen a lot of people opening and maintaining accounts from all walks of life.  Over 5 000 special savings accounts were opened with over K400 million mobilised,” said Chilima.

In the grand draw, a cash prize was split among three winners Kumbausiye McLove, Eliza Medson and Getrude Kibu. The grand prize was K1 million, with K500 000 as the second prize and K300 000 as the third.

MSB said customers should be on the lookout for other exciting promotions.

“In the KhashiKhashi promotion currently in progress, the bank has tripled the prize money to K8.1 million. In order to win, one has to open a fixed deposit account with a minimum of K25 000 and maintain it for a period of not less than two months,” she said.

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