▪️Savings & Deposits

This section tracks deposit activity and savings product performance to help monitor trends and account growth over time.

Savings Product Performance

This report provides a summary of the performance of different savings products over a selected period e.g. 30 days as seen below. It helps stakeholders monitor deposit trends and account activity for each product.

• Savings Product : The name of the savings product being tracked.

• Total Deposits : The total amount deposited into the product in the selected time period.

• Average Balance : The average amount held across all accounts in this product. (Total Deposits/Number of Accounts)

• Number of Accounts : Total number of active accounts associated with this savings product.

• Growth Rate : Percentage change in account activity (positive or negative) compared to the previous period. (Current Period-Period Before/ Period Before*100)

Deposit Trends

This report gives a detailed overview of deposit activities across various savings products. It allows users to monitor how deposits are performing over a selected time frame, providing insights that support financial decision-making and trend analysis.

Fields:

• Product Type: The name of the savings product.

• Total Deposits: The sum of all deposits made in the selected period for each product.

• Average Deposit Amounts: The mean value of deposits made under each product. (Total Deposits/ Frequency of Deposits)

• Frequency of Deposits: Number of times deposits were made during the selected period.