Salmon Bank launches Bank on Eight promo, offering 8% time deposit rate

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Philstar.com

December 11, 2025 | 3:00pm

for Salmon

Gretchen Ho recently joined Salmon’s Bank On It Campaign, launched in October 2025.

MANILA, Philippines — Salmon Bank (Rural Bank) Inc. announces the launch of its latest offering, “Bank on Eight,” a promotional interest rate of 8% per annum available to clients with Time Deposit placements of at least P1 million for a minimum of one year, starting from Dec. 1, 2025 to June 1, 2026.

The introduction of this promotional rate follows the continued strong performance across Salmon Bank (Rural Bank)’s lending and deposit businesses.

With sustained customer inflows and significant improvements in operational efficiency driven by the Bank’s technology-led model, Salmon Bank (Rural Bank) is now in the position to offer one of the most attractive promotional deposit rates in the Philippine market.

With this, Salmon Bank (Rural Bank) reinforces its commitment to providing Filipinos with secure, high-value savings options supported by a modern, reliable banking experience.

“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 Raffy Montemayor, co-founder of Salmon and chairman of Salmon Bank (Rural Bank).

“This promo is a clear example of how technology and responsible growth allow us to provide comparatively high returns to our customers while maintaining strong liquidity, capital, and risk standards,” he added.

Customers may open a Salmon Bank (Rural Bank) account online by completing the application form available at: https://salmon.ph/salmonbank-deposits#depositForm. They may also opt to visit any of Salmon Bank (Rural Bank)’s branches located in Sta. Rosa, Laguna and Bacoor, Cavite.

For additional information about this offer, please visit: https://salmon.ph/salmonbank

Terms and Conditions apply. Per DTI Fair Trade Permit No. FTEB-242399 Series of 2025. Salmon Bank (Rural Bank) Inc. is regulated by the Bangko Sentral ng Pilipinas (http://www.bsp.gov.ph). Deposits are accepted only within bank premises or through authorized bank channels and are insured by PDIC up to P1 million per depositor.


Editor’s Note: This press release is sponsored by Salmon. It is published by the Advertising Content Team that is independent from our Editorial Newsroom.


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