Salmon Bank Inc., a Rural Bank, has introduced a new product that could yield up to 8 percent annually.
The Bank on Eight initiative from Salmon Bank allows you to invest a Time Deposit of at least Php1 million for a minimum duration of 1 year, earning a promotional interest rate of up to 8 percent per annum. Ensure your deposit is made between December 1, 2025, and June 1, 2026.
According to Salmon Bank, they can provide competitive promotional deposit rates due to strong performance in their lending and deposit sectors, alongside consistent customer inflows and enhancements in operational efficiency driven by their technology-focused model.
“Bank on Eight offers every Filipino saver access to some of the highest interest rates available, enabling them to grow their savings securely. This year, we’ve seen significant growth thanks to our customers’ support. As our business expands, we are dedicated to sharing the benefits of our efficiency with Filipinos,” stated Salmon Co-Founder and Chairman Raffy Montemayor.
