Bank Kesawan Launches Educational Savings

Web Posted on : Sat, 21 Jun 2008

Jakarta, June 21, 2008

Bank Kesawan to launch new product is characterized by Education Savings Education Savings socialization to the Branch Manager, Division Head and officers frontliner Bank Kesawan and Cooperation MOU signing between Bank Kesawan with Mega Life Insurance.

Cooperation MOU was conducted by PT Bank Kesawan Tbk, signed by President Dinno Indiano Director, Business Director Entjik S.Djafar and PT Mega Life Insurance was represented by President Director OEMin Handajanto and Marketing Director Antony Japari.

Launch Education Savings are expected to provide value added products to its customers savings and able to support the collection of third party funds, increase market share Kesawan Savings Bank.

Education savings plan clients in realizing children's education expenses in accordance with the wishes. Given timeframe very flexible ranging from 1 year to 10 years, and the amount of regular payments every month minor due to start from Rp. 100.000, - each month or multiples thereof up to a maximum of Rp. 5 million. Easily perform routine payments because Bank Kesawan will automatically debiting Savings or Current accounts every month.

Besides easiness above, Educational Savings Bank Kesawan also provide insurance protection in the form of depositor dies when the regular monthly payments will be forwarded by Mega Life Insurance, if the customer had an accident that resulted in permanent Disability or Death beneficiary will receive Compensation for Funeral 250% of the balance or the maximum savings of Rp. 500 million, and compensation benefits for inpatient hospital costs. or a maximum of 25% of the savings balance.

Now, in accordance with the Bank's vision to become a leader in its class, the Bank Kesawan further solidify the position in the arena of national banking competition, supported by 32 branch network spread across 10 major cities in Indonesia: Jakarta, Medan, Pekanbaru, Batam, Siantar, Cape Hall, Bandung, Surabaya, Denpasar and Kesawan ATM network that can be accessed through 11,200 ATMs berlogokan Shared ATM across Indonesia, it is to support customers' financial transactions for 24 hours without extra costs.

Interest & Exchange Rate
Deposito 1 3 6 12
USD* 1 1.25 1.25 1.25
SGD* 1 1 1 1
Rupiah 6.25 6.50 6.50 6.50

*Untuk penempatan minimum IDR 100 Juta

*Untuk penempatan minimum USD 10k

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