As our core responsibility we provide opportunity for client to answer tomorrow’s financial and business question today through a range of products designed to enhance clients’ saving culture and wealth creation. Our products are meant for the accomplishment of specific dreams.

FUTURE INVESTMENT (FI)

FI is designed to enable clients invest towards specific projects as:

  • Business expansion.
  • Acquisition of fixed assets (i.e. vehicle, land, household appliances, etc.)
  • Start-up capital for small & medium scale enterprises.
  • Building a dream house
  • Church/association buildings etc.

Target Clients

Lower & middle- income earners, traders, drivers, small and medium-scale entrepreneurs, farmers, fishermen, etc.

Transports and Worker unions

Associations/Societies/Clubs/Staff provident Funds.

Churches/Colleges/Universities/PTAs, etc.

How Future Investment Works

Individuals/Groups are allowed to determine their own investment amount ranging from a minimum of $10.00 a day or more. This amount is payable to the company (CLIMAX) or at the association level periodically i.e. daily, weekly, monthly or randomly. Lump sum investment is permissible.

Funds are invested in high yielding investment products.

Annual returns are compounded resulting in faster growth of your investment.

Tenor is designed to suit client’s specific need(s).

SECURED EDUCATION

This product is designed for parents and guardians who wish to secure their wards’ higher education needs.

How SE Works

Clients make regular, random or lump sum investment in the name of their ward(s) directly to CLIMAX or through the school of their wards.

Returns are reinvested to allow funds to grow quickly for improved value.

School fees can be paid directly to the school of clients’ wards anywhere around the globe.

Investment can be redeemed or transferred into a product of client’s choice after the beneficiary is out of school.

RETIREMENT INVESTMENT

This is a pension scheme designed to augment the retirement package for clients in the formal and informal sectors.

How it Works

RC offers opportunity for employees in the informal sector to enjoy pension.

RC gives clients an opportunity to prepare for a happy and financially-secured retirement.

At age 45 and above, a contributor may exercise the option of receiving regular monthly payments or a lump sum.

Periodic social/welfare and aging management programs are organized for people under this scheme.

The total investment plus the returns shall be paid to the next of kin in the event of the death of a client.

Target Clients

Formal sector employees between ages 18-60

Informal sector employees/self-employs between ages 18-60

Pensioners between ages 55-75

FIXED INVESTMENT

FIC creates opportunity for individuals and corporate bodies prepared to commit bulk amount (lump sums) into short, medium or long-term investment with preference for growth, safety and pre-determined income.

How it Works

Fixed Investment is a locked-up investment that runs for a fixed period of time i.e.:

  • Three – month 91days
  • Six months 182days
  • 12 months 1 year

Investment can be rolled over at the request of client.

Statements are provided to enable clients monitor their investments.

Who Qualifies?

  • Individuals-home and abroad
  • Foreign Investors
  • Organizations/Corporate Bodies
  • Union/Association/Societies/Clubs/Staff/Provident Funds
  • Churches/Colleges/Universities/PTAS
  • NGOs, etc.

Rate of Returns

Rates under Fixed Investments are pre-determined and negotiable at the time of investment.

Depends on tenor:

  • Short term,
  • Medium term or
  • Long term.
PORTFOLIO INVESTMENT

This product is for clients with large funds that require professional management to maximize returns.

How it Works

The portfolio is design to suits clients’ risk tolerance, preference for growth, safety or income.

Target Clients

  • High Net-worth Individual & Corporations
  • Foreign Investors
  • Trade/Credit Unions
  • Associations/Clubs/Societies
  • Religious Bodies
  • Schools/Colleges/Universities
  • NGOs
  • Staff Provident/pension Funds
  • Project Funds etc.

MODE OF INVESTMENTS

  • Cash
  • Cheque
  • Wire Transfer
  • Standing Order Mandate
  • Postal Order
  • Credit Cards
  • Deduction at source, etc.

GENERAL BENEFITS

Returns on investment(s) vary according to client’s preference for growth, safety income.

Funds are managed by professional and experienced fund managers thereby increasing the possibility of higher returns.

Individual statements are sent to clients by print and/or electronically.

Time earns you more money by compounding your interest.

You can enjoy the privilege of bridge finance facility to enable you realize your dreams.

Returns on investments depend on time and the amount invested.

Investment can be used as collateral for credit facility.

Investment grows alongside the realization of your dreams.

We expect our clients:

  • To help us meet the “Know Your Customer (KYC)” guidelines at the time of doing business with us or establishing an account with us. To take precautions that are indicated for the protection of your accounts
  • To patronize services like Fund Transfer locally and internationally offered by their branches.
  • To refer to us only clients who are personally known to them.
  • To pay service charges for non-maintenance of minimum balances, remittances, collections etc. The details of charges are available on the price list in our branches.
  • To provide valuable feedback on our services so as to enable us correct our mistakes and improve our customer service.

Our key commitments to clients:

  • We promise that we will act courteously, fairly and reasonably in all our dealings with you.
  • We make sure that our documents and procedures are clear and not misleading, and that you are given clear information about our products and services.
  • When you have chosen an account or service, we give you clear information about how it works, the terms and conditions and the interest rates which apply to it.
  • We help you use your account or service by sending you regular statements on request, and we will keep you informed about changes to the interest rates, charges and terms and conditions.
  • We deal quickly and sympathetically with things that go wrong by correcting mistakes quickly, handling complaints quickly and reversing any financial or service charges applied in error.
  • We treat all your personal information as private and confidential, and operate secure and reliable financial or service and payment systems.
  • We promise to respond to your complaints within 24 hours unless technical constraints or third parties are involved.