
Salmon Bank Inc., a Rural Bank, has launched a new product that could earn you as much as 8 percent per annum.
The Bank on Eight offering by Salmon Bank lets you place a Time Deposit of at least Php1 million for a minimum of 1 year and earn up to 8 percent in promotional interest rate per annum. Make sure you place the deposit from December 1, 2025, to June 1, 2026.
As per Salmon Bank, they are able to offer competitive promotional deposit rates after a strong performance across its lending and deposit businesses, as well as the sustained customer inflows and improvements in operational efficiency thanks to its technology-led model.
“Bank on Eight gives every Filipino saver access to one of the highest interest rates in the market, allowing them to grow their money in a secure way. We’ve experienced rapid growth this year with the support of our customers. Now, as our business scales, we are committed to passing on the benefits of our efficiency back to Filipinos,” said Salmon Co-Founder and Chairman Raffy Montemayor.
This article, Salmon Bank offer up to 8 percent interest with its ‘Bank on Eight’ time deposit, was originally published at NoypiGeeks | Philippines Technology News, Reviews and How to's.
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