Introduced the first digital savings program for minors
Al Mariah offers the highest interest on deposits on the occasion of Union Day
The deposit account offered by the bank achieves a return of 5%.
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The local Al Maryah Bank intends to launch an investment deposit account that guarantees the highest return in the country at a rate of 5%, on the occasion of the 51st Union Day of the UAE.
The bank's CEO, Mohamed Wassim Khayatah, told Emirates Today that the bank will launch unique banking and investment services in conjunction with the Union Day to celebrate the occasion.
Khayatah explained that the Growth Investment Deposit (SID) account will be offered with an annual return of 5%, the highest in the country, and benefit from investing the same deposit in IPOs, especially with the increased demand for IPOs.
He added that on the occasion of the Union Day, the “Zcoin” account will also be launched, which is the first digital savings program for minors with unique benefits, as part of the bank’s plans to encourage saving and sound financial planning for the future of children and to spread a culture of savings awareness, especially among youth and minors.
Khayatah indicated that Zcoin provides flexible savings plans for the accounts of the children of citizens and residents, providing them with opportunities to earn exceptional returns, in addition to opportunities to win incentive prizes for academically and athletically outstanding account holders to enhance their sound saving habits.
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