Skip to main content

AG Mortgage Bank PLC

Queenie – Empowering Women Through Finance

Queenie is a gender-focused hybrid savings and investment product that is designed to support Nigerian women in business and personal finance. With over 113 million women contributing to Nigeria’s economy, Queenie bridges the gap in access to capital, mentorship, and property ownership.

Queenie is aligned with the following United Nations Sustainable Development Goals (SDGs):

SDG 1

No Poverty

SDG 5

Gender Equality

SDG 8

Decent Work & Economic Growth

SDG 10

Reduced Inequalities

Key Features

Queenie is aligned with SDG 1 (No Poverty), SDG 5 (Gender Equality), SDG 8 (Decent Work & Economic Growth), and SDG 10 (Reduced Inequalities).

Opening Balance

₦5,000

Interest rate

Earn up to 10% interest for consistent savings

Penalty

Withdrawal penalties encourage long-term discipline

Benefits of Queenie

Biannual health checks

Loans from 2% interest with flexible repayment

Financial literacy and skill acquisition classes

Mentorship and capacity-building programs

FAQs

Who is eligible for this product?

The product is designed for women aged 18 years and above who want to access financial services, mentorship, skill development, and business growth opportunities.

What is the minimum opening balance?

You can start with a minimum opening balance of ₦5,000, giving you access to savings, loans, and other benefits.

How can I access the account and funds?

You will receive access to a mobile app and a personalized ATM card, making it easy to manage your account, track savings, and withdraw funds.

How does the interest rate work?

Consistent savings without withdrawals earn 8% interest for 6 months and 10% interest for 12 months. Early withdrawals revert your account to the normal savings interest rate.

What additional support and benefits are available?

Members gain access to mentorship, financial literacy programs, skill acquisition classes, affordable loans (as low as 2%), business advisory, networking opportunities, medical checkups twice a year, and discounts on events and services.

Couldn’t find what you were looking for? Visit our Helpdesk or write to us at help@agmortgagebankplc.com