corporate banking.fw

Who we are and our offerings

At Energy Bank, we understand businesses and the environment in which they operate. Our Corporate Banking outfit provides comprehensive banking services, financing, trade and payment solutions with the objective of meeting the needs of organizations operating in a wide range of markets and regions.

We have developed a thriving business relationship with each and every of our corporate customers. We also provide you with a dedicated Relationship Manager who will always attend to your requests and provide you timely services anytime any day. Our RMs are dedicated to your growth agenda to meet your aspirations.

You will also have secured access to institutional banking 24/7 via our internet banking.


 

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Limited Liability Company


We will require your company registration documents for Limited Liability Company in order to own a business current account with Capital Bank

Requirements

  • Completed account opening form including KYC information and mandate card
  • Company     registration documents including certificate of Incorporation, commencement, Form 3 &4
  • Board Resolution to open business current account
  • National IDs of director/shareholder and signatory/signatories (Voters, NHIS, passport, drivers license)
  • 2 passport size photographs of each proprietor/ partner
  • Utility bill

Benefits

  • Cheque books
  • 24/7 access to funds
  • Internet banking
  • Mobile banking
  • Access to overdrafts and loan facilities at very competitive rates
  • Dedicated Relationship Manager

 


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Business Call Account

We provide you the flexibility of having both a savings and checking account which has no fixed deposit period, provides instant access to funds and allows unlimited withdrawals and deposits. The advantage is you will also enjoy some interest rate on your money depending on the amount.


Requirements

  • Completed account opening form including KYC information and mandate card
  • Company     registration documents including certificate of Incorporation, commencement, Form 3 &4
  • Board Resolution to open business current account
  • National IDs of director/shareholder and signatory/signatories (Voters, NHIS, passport, drivers license)
  • 2 passport size photographs of each proprietor/ partner
  • Utility bill

Benefits

  • Attractive interest rate
  • 24/7 access to funds
  • Internet banking
  • Mobile banking
  • Access to overdrafts and loan facilities at very competitive rate

fixed deposit.fw

Our fixed deposit account is an investment product that creates more reward for you. Usually, it is an investment of a fixed amount for a fixed period i.e. 30, 60, 91, 182 or 365 days at a predetermined fixed interest rate. However, some rates are negotiable depending on the value and volumes.


Benefits

  • Easy sign on
  • Attractive interest rate
  • Access to loans and overdrafts
  • Dedicated Relationship Manager

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For Government, ministries &parastals you will require

• Completed Application Form
• Copy of the Gazette/Act / Registration Certificate evidencing existence of the ministry/

parastatal
• Rules / Memorandum & Articles  of the Ministry/Parastatal
• Extract of the minutes of the Executive Committee appointing the signatories to the account OR Letter Appointing the Director – General of the Ministry
• Valid ID of the signatories
• 2 passport photos of each signatories
•  KYC Form


short term financing.fw

These short term financing provides you a leeway to finance your business with ease. We listen, examine and give you a comprehensive advice on how to structure your business. We facilitate your satisfaction by providing you with a dedicated Relationship Manager who will provide you with all your banking advisory services.

  • Bridging loans
  • Overdraft
  • Revolving loans
  • Drawing Against Un-cleared Effects
  • Import loans/ pre-shipment finance
  • Supply Chain Financing
  • Standby facilities
  • Invoice / Receivable discounting

Requirements

  • Application
  • Board resolution
  • Business registration documents
  • Profile of business and management
  • 3 years audited financial statements
  • Cash flow projections to cover the proposed period of repayment
  • Security preferably ‘cash back’ or landed property
  • Bill of lading for import/ export financing

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These structured solutions are tailor-measured to suit you and help you expand your business. We understand your needs and therefore play a pivotal role in making your business triumph. Additionally, we provide you with a dedicated Relationship Manager who will give you all the advisory services and the necessary assistance.

  • Construction finance
  • Project Finance
  • Asset Finance
  • Finance Lease
  • Syndicated Loans
  • Payroll services
  • Guarantee

Requirements

  • Application
  • Board resolution
  • Business registration documents
  • Profile of business and management
  • 3 years audited financials
  • Cash flow projections to cover the proposed period of repayment
  • Security preferably ‘cash back’ or landed property
  • For contract financing, letter of undertaking required

Proforma invoice

FIXED DEPOSITSINTEREST RATE
30 DAYS
60 DAYS
91 DAYS
182 DAYS
365 DAYS
AmountRate (%)Rate (%)Rate (%)Rate (%)Rate (%)
1,001< 50,000 10.60 12.6 13.25 14.20 16.00
50,001< 100,000 10.80 12.80 13.30 14.30 16.50
100,001<300,000 10.92 12.92 13.38 14.40 16.80
300,001<500,000 11.20 13.20 13.40 14.50 17.00
500,000+ 12.00 13.30 13.50 14.60 17.20

 

ENERGY COMMERCIAL BANK LTD
INDICATIVE FOREX  RATES FOR 10 - JAN - 2018 
RATE BUY SALE
USD/GHS 4.2500 4.5800
EUR/GHS 4.4500 5.7000
GBP/GHS 5.2000 6.2000
GBP/USD 1.2900 1.3550
EUR/USD 1.1500 1.2100