The bank offers loans to companies which are in need of funds for expansion. When applying for loans, companies must
The bank offers loans to personal businesses which are in need of additional funds. When applying for loans, personal businesses must
Holders of current accounts can withdraw an amount of money that is more than the amount deposited in the current account. The overdraft amount is predetermined by the bank.
Customers of MAB who own Savings and Fixed Deposit accounts at the bank can apply for loans at the bank when they are in need of urgent cash.
The bank offer gold-secured loans where borrowers offer gold as collateral.
When customers cannot make downright payments for items that they wish to buy, they can use the bank’s hire purchase loan. They pay for a proportion of the price and the bank pays for the rest of the amount. The customer repays the bank through installments which span for periods of up to three years.
Small and medium enterprises can apply for loans when they need funds for manufacturing facilities and new machinery. When applying for loans, SMEs must