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Business News of Saturday, 17 March 2007

Source: GNA

ProCredit introduces ProKid accounts

Accra, 17, March, GNA - ProCredit Saving and Loans Company Limited has introduced a new savings account dubbed: "ProKid Account", for children up to 18 years.

Launching the product at Kids Open Day on Saturday, Mrs. Mary Odong, Managing Director of ProCredit said the ProKid Account was to promote savings culture in children and the Ghanaian public as whole. "We like to begin at the very basis -our children.

If they learn about how to save properly for the future and clinches to the habit of saving at a very early age, it is an inestimable value for them, their families and also the future of the country." she said. Mrs. Odong said the bank wants to make it possible for everyone to save; therefore the ProKid Account can be opened with any amount that one chooses.

"Anybody can save, irrespective of what their monthly earnings are. Savings is a value not reserved for the privileged in society," she added.

She said, above all the activities and fun around the launch of the new account and Kids Open Day, the culture of savings shall mature long lastingly in the children's and adult's minds and result in an intelligent exposure of their financial resources. Prior to the launch and the Kids Open Day, trained ProCredit staff visited schools in the neighbourhood of each branch to hold classroom presentation to educate the children on the importance of savings. During the launch, children from various schools went on a facility visit at the banking hall and prizes were given to kids who were able to draw what they would want to save for in a drawing competition. 17 March o7