bank of africa – uganda
DESCRIPTION
BANK OF AFRICA – UGANDA. Products and Services. Who we are. Member of BANK OF AFRICA group International Pan African Bank with strong presence in East & West Africa Operated in Africa for more than 25 years Boasts of 13 commercial banks in 15 African countries Present in France - PowerPoint PPT PresentationTRANSCRIPT
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BANK OF AFRICA – UGANDA BANK OF AFRICA – UGANDA
Products and ServicesProducts and Services
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Who we areWho we are Member of BANK OF AFRICA group International Pan African Bank with strong presence
in East & West Africa Operated in Africa for more than 25 years Boasts of 13 commercial banks in 15 African
countries Present in France Operates 3 leasing companies One Stock brokerage company & 1 IT subsidiary Consolidated asset base is over 2.5Bn Euro
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Where we areWhere we are
Kampala:
13 Branches
Upcountry:
10 Branches
Opening soon:7 Branches
…..AND STILL GROWING…..
In Uganda
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Conveniently remit money to family without lots of hassle Be able to affordably deposit onto account back home and grow savings
base A reliable partner to help you acquire property without relying on family
and friends A solid and credible partner to help you bridge business financing needs Ensure that money remitted meets the intended purpose
DIASPORA FINANCING NEEDSDIASPORA FINANCING NEEDS
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Personal Banking Mortgage financingForexave SavingsTots 2 TeenzReward SavingsCurrent AccountsWeb Banking
Business BankingOrdinary Commercial loanDocumentary CollectionsLetters of Credit
OUR TAILORED OFFERINGOUR TAILORED OFFERING
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FOREXAVE is a product targeted at individuals and reputable companies whose aim is to accumulate funds on their accounts for saving purposes.
Features & Benefits:Features & Benefits:
•Minimum/Opening Balance: USD 150,
Euro 100, GBP 100,
•Interest on Account: 2% p.a
•Offers use of a Cheque Book
•First cheque book is offered free of charge
•NO Account Management Fees
•FREE Deposits
•FREE Withdraws
Forexave Forexave Saving Saving accountaccount
Personal Banking… Personal Banking…
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A savings product designed with the aim of rewarding high savers and boosting stable deposits for them
Features & Benefits:Features & Benefits:•Minimum opening/operating balance of Ugx 5,000,000/=•Lucrative Interest rate of 7% per annum on deposits of Ugx 5 million and above.•Unlimited deposits to the account i.e. No commitment to a fixed plan/installment. •Bonus Interest: Double interest in the last quarter of the account’s anniversary.•Totally free account – no charges.•Free ATM card•Free monthly statements.•Free standing orders on any of your other BOA account to your Reward Savings account.
Reward Reward Saving Saving accountaccount
Personal Banking… Personal Banking…
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An account that encourages parents save up for their children and guarantee their futureProduct Features Product Features
Opening balance; UGX 50,000 USD 50 EURO 50 GBP 50
Life assurance cover 10X the average monthly balance for last 3 months. Max is UGX 25,000,000.One free dental/optical/general check-up per yearMinimum average operating balance to earn interest of 2% pa.UGX 100,000Free Deposits & WithdrawsNo monthly Account Management fees
Personal Banking… Personal Banking… TOTS 2 TEENZTOTS 2 TEENZ
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Financing facility availed for Purchase, extension, renovation or improvement of residential properties
Forms of facilitation offered
Home Purchase Loan
Home Improvement Loan
Home Extension Loan
Home Construction Loan
Mortgage Mortgage financingfinancing
Personal Banking… Personal Banking…
Buy to let Mortgage
Re-finance Mortgage
Equity release Loan
Land Purchase Loan
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The home purchase loan product is customized to provide you solutions for your unique needs.
Features and Benefits
High loan amounts: We finance up to 80% of the cost of the property,
Flexible loan period: You can take up to 15 years to repay the loan.
Easy and affordable repayments: Our Interest rates are competitive and calculated on a reducing balance basis, making your monthly repayments manageable.
Applicant and Co-Applicant to the loan: Home Loans can be applied either individually or jointly. Proposed owners of the property are co-applicants.However, the co-applicants need not be co-owners.
No Ongoing Charges: With no monthly loan maintenance fees or annual fees, you save thousands of shillings towards your loan repayment.
Home Purchase LoanHome Purchase Loan
Personal Banking… Personal Banking…
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With BOA’s Home Improvement Loan you can now renovate your living space for a more comfortable environment and surroundings.Features and Benefits
Substantial loan amounts: We finance up to 80% of the cost of the improvement allowing for substantial amounts
Flexible loan period: You can take up to 60 Months to repay the loan.
Easy and affordable repayments: Our Interest rates are competitive and calculated on a reducing balance basis, making your monthly repayments manageable.
Applicant and Co-Applicant to the loan: Home Loans can be applied either individually or jointly. Proposed owners of the property are co-applicants.However, the co-applicants need not be co-owners.
No Ongoing Charges: With no monthly loan maintenance fees or annual fees, you save thousands of shillings towards your loan repayment.
Home Improvement LoanHome Improvement Loan
Personal Banking… Personal Banking…
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With BOA’s Home Extension Loan you are able to add more space to your existing home to meet the requirements of your growing family;.Features and Benefits
Maximize your advantage: We finance up to 80% of the cost of the extension allowing for substantial amounts
Affordable payments: Offers flexible loan periods of upto 10 years.
Variable rates: Our Interest rates are competitive and calculated on a reducing balance basis, making your monthly repayments manageable.
Applicant and Co-Applicant to the loan: Home Loans can be applied either individually or jointly. Proposed owners of the property are co-applicants.However, the co-applicants need not be co-owners.
No Ongoing Charges: With no monthly loan maintenance fees or annual fees, you save thousands of shillings towards your loan repayment.
Home Extension LoanHome Extension Loan
Personal Banking… Personal Banking…
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With BOA’s Home Construction Loan you are able to construct your own home to match your tastes and preferencesFeatures and Benefits
High Loan Amounts: We finance up to 80% of the cost of the construction allowing for substantial amounts
Affordable payments: Offers flexible loan periods of upto 10 years.
Variable rates: Our Interest rates are competitive and calculated on a reducing balance basis, making your monthly repayments manageable.
Applicant and Co-Applicant to the loan: Home Loans can be applied either individually or jointly. Proposed owners of the property are co-applicants.However, the co-applicants need not be co-owners.
No Ongoing Charges: With no monthly loan maintenance fees or annual fees, you save thousands of shillings towards your loan repayment.
Home Construction LoanHome Construction Loan
Personal Banking… Personal Banking…
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Buy-to-Let Mortgage is available for the purchase of property, which will provide one or more separate units of accommodation
Features and Benefits
Flexible Loan Amounts: Mortgages are available for up to 80% of the property’s value. The amount that can be borrowed is based on the anticipated rental income and other incomes income e.g. salary.
Affordable payments: Offers flexible loan periods of upto 15 years.
Variable rates: Our Interest rates are competitive and calculated on a reducing balance basis, making your monthly repayments manageable.
No Ongoing Charges: With no monthly loan maintenance fees or annual fees, you save thousands of shillings towards your loan repayment.
Buy-to-let MortgageBuy-to-let Mortgage
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The proceeds of this loan may be used by a borrower who already owns a home to repay an existing mortgage on his /her residence.
Features and Benefits
Lower your monthly repayment: Our Interest rates are competitive and calculated on a reducing balance basis, making your monthly repayments manageable
Optimize your loan structure: With our Home Mortgage Refinance, youwill be able to choose from a number of options based on what you think best suits your financial objectives
Consolidate your debts: You can take out a new larger loan to pay off not only your old loan, but the rest of your debts as well at very friendly interest rates
No Ongoing Charges: With no monthly loan maintenance fees or annual fees, you save thousands of shillings towards your loan repayment.
Re-finance MortgageRe-finance Mortgage
Personal Banking… Personal Banking…
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The Equity Release Loan enables you to borrow money against your existing complete house and use the money for business expansion, put up more houses, without having to move out of the home.
Features and Benefits
Flexible loan period: Offers flexible loan periods of upto 15 years making repayments extremely manageable
Flexible payment terms: The money can be paid as a lump sum amount,enabling you to acquire the funds you need to reach your goal faster.
Ease of Use: There are no restrictions on the purpose of the funds, giving you allowance to use the money to meet your various financial needs.
No Ongoing Charges: With no monthly loan maintenance fees or annual fees, you save thousands of shillings towards your loan repayment
Equity Release loanEquity Release loan
Personal Banking… Personal Banking…
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provides land loans to enable the purchase of a plot for construction of residential premises.
Features and Benefits
Substantial loan amounts: The loan enables you to borrow substantial amounts you need up to a maximum of Ugx 100 million.
Flexible Loan Period: The land loan offers you flexible repayment periods of up to 60 months
Easy and affordable Repayments: Interest rates on this loan are competitive and calculated on a reducing balance basis, making your monthly repayments manageable.
No Ongoing Charges: With no monthly loan maintenance fees or annual fees, you save thousands of shillings towards your loan repayment
Land Purchase loanLand Purchase loan
Personal Banking… Personal Banking…
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Original ID and copy of passport 2 Passport size photographs Copy of utility bills for current residential address (if non-BOA customer) Letter from the employer (if applicable) 3 months pay slips (original or copy certified by employer) Certified bank statements for the last 12 months (for non-BOA customers) Copy of title deed Sale agreement duly signed Photograph of house Valuation report Bills of quantity Approved building plan
My Home Loan Check-listMy Home Loan Check-list
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Technology service that enables SMS, Phone & web banking
Provides information on;o Account balanceo Last 5 transactionso Exchange rateo Accnt Balance changes
Increased convenience accessing your account information wherever you are & whenever
Increased control over account transactions due to consistent overview
Personal Banking… Personal Banking…
DigibankingDigibanking
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As Strong as GroupAs Strong as Group
As Close as a PartnerAs Close as a Partner
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