If you’ve got a chunk of money that you won’t need for a while, lock it away in a fixed Term Deposit and watch your savings grow. The amount of interest you earn depends on how long you put your money away for.
Agusto & Co. has assigns a “Bbb” rating to Infinity Microfinance Bank Limited in their recent assessment of the Bank. According to the Pan-African Credit Rating Agency, the rating is supported by a good funding and liquidity profile, adequate capitalization, an experienced Management Team and well-established credit risk management processes. While DataPro another Credit Rating Agency (CRA) has also in its latest report assigns “BBB” rating to Infinity MFB Limited with a Stable Outlook for the year 2021/2022.