Hong Leong Bank Increases Fixed Deposit Interest Rates
Kuala Lumpur, 9 March 2010
Hong Leong Bank (HLB) has today increased its fixed deposit (FD) interest rates on a promotional basis following the recent OPR rate revision of 25 bps by Bank Negara on 4 March. The Bank now offers one of the best 12-month FD interest rates in the industry of 2.75%p.a from 2.5%p.a previously. "We want to reward our loyal and long term customers by giving them a much higher return on their Fixed Deposits with the Bank", said Ms Yvonne Chia, Group Managing Director of Hong Leong Bank.
HLB's FD rates are competitively priced and have been increased from 25 bps to up to 110 bps. Senior Savers FD customers aged 55 years and above are offered an even higher interest rate of up to 3.25%p.a for 4 - 5 years tenure while Junior Savings Account now pays a monthly interest of 2.25%p.a equivalent to 1-month FD interest rate for the first RM50,000.00 savings deposit. Terms and conditions apply.
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