Certificate of Deposit (CDs) is an excellent tool for managing your money when you are able to set aside funds for a period of time. With a CD, you maximize your interest rate and security. Zemen offers CDs for many terms, some with a minimum investment of ETB 1,000,000.
CDs typically pay higher interest rates than many other savings products.
The uniqueness of Zemen’s CD is we pay Upfront Interest immediately.
At Zemen, Interest can be credited to the CD or to a Zemen checking or savings accounts.
A Zemen CD can be used as collateral for a Zemen loan with a discounted rate
Zemen Bank strives to offer the best Certificate of Deposit rates to our customers. Contact our Branch for the latest prevailing rates to ensure that you get the most for your money. If you would like additional information on current CD rates, call us or visit Zemen Bank.
