In a World where men dominates it seems banks are now looking at women. It seems lots of persons(men and women alike) can now understand and appreciate the potential of women in the business world. Men reading this article should inform their wives about the FirstGem from FirstBank. Now lets see the review of FirstGem from the FirstBank of Nigeria.

What you should know about FirstGem, this is a review of FirstGem. FirstGem is a business women empowerment scheme by FirstBank to help business women grow their business. This program also allows women to get loans for investment purposes.

According to FirstBank, they recognize the importance of women in driving socio-economic growth. That is why FirstBank created FirstGem to empower women to achieve all their business goals.

FirstGem is an account designed specifically to meet your needs as a woman – our way of supporting your dreams all the way! With FirstGem, you can get low-cost loans for your business, secure funding for an investment opportunity, or undertake new exciting projects that really matter to you.

To use FirstGem you have to create a FirstGem account. It is like regular bank account with the option of Savings or Current.

REQUIREMENTS TO OPEN A FIRSTGEM ACCOUNTS

1. FirstGem Savings Account

Minimum opening/operating balance of N1,000.

Customised debit card.

Flexible means of identification, Utility bill and 2 passport photographs required to open account.

FirstOnline – internet banking access/availability.

Maximum single deposit of N100,000 at a time.

Maximum cumulative balance at any time is N500,000; in the event the cumulative balance exceeds N500,000, account holders will be engaged to migrate to the generic savings account variant with full KYC requirements

2. FirstGem Generic Savings Account

Minimum Opening Balance – N2,000.00

Minimum Operating Balance – N1,000.00

Over the counter inter-sol transactions allowed.

Customized debit card.

Default savings interest rate.

Internet Banking/FirstOnline available.... Click below for full article

Source Mntrends

https://www.mntrends.com/2018/12/review-of-firstgem-firstbank-business-women-empowerment-scheme.html/