TMB delighting customers with special high interest rates on Term Deposits

Tuesday 04 August 2009 14:45
TMB is receiving good initial response on its high interest rate offers on special term deposits in the time when interest is relatively low in the market. Customers are happy due to unlimited number of accounts and deposit amount. TMB aims to satisfy the customer’s need & become the market leader in deposits.

TMB is delighting customers who look for stability and good yield on their savings in the midst of the current economic situation where savings account offers interest rate less than one per cent per annum with TMB Extra Term Deposit account. The offer gives depositors high interest rates of 2.5-3.5% per annum and available at 36- and 60-month terms respectively.

Mr. Michal Szczurek, TMB Chief Retail Banking Officer, disclosed that TMB has always developed its financial products and services under the Corporate Strategy of “Customer Centricity the TMB Way” where every aspect of its business is revolving around customers at the center. In return, it hopes that TMB will be at the customer’s top of mind whenever they do their financial transactions because it always offers various choices that are relevant to their needs. Hence, TMB is launching special savings products, TMB Extra Term Deposit account that offer customers who seek stability and interest rates that are higher than normal savings accounts. It comes in two types, a 36-month at an interest rate of 2.5% per annum and a 60-month at a rate of 3.5% per annum, both offer higher rate than term deposits in general. Customers can choose to deposit the type which suits them the most. The initial opening amount is 100,000 Baht or more and for any subsequent deposit amount should be at least 100,000 Baht. The interest earned will be transferred into the customer’s savings account on a monthly basis.

Mr. Szczurek added that TMB Extra Term Deposit offers attractively high interest rates that should attract depositors both new and existing TMB customers. This offer is reserved for individual depositors only. Interested customers can seek this further information on this offer at any TMB branch or contact TMB Phone Banking at Tel. 1558”.

TMB Bank Public Company LimitedFounded on 8 November 1957, TMB Bank Pcl. operates a commercial banking business under a license granted by the Ministry of Finance, and with consent given by the Bank of Thailand. It also operates a securities business licensed by the Ministry of Finance and agreed to by the Securities Exchange Commission.

TMB aims to respond to the needs of its clients through its 484 branch network, 108 foreign exchange centers, 2,108 ATMs, as well as electronics banking systems. Its business encompasses commercial banking, offshore banking, investment banking, and other businesses as permitted by the regulatory authorities, including acting as an insurance agent for its alliance insurance companies.

Listed on the Stock Exchange of Thailand, TMB is the sixth largest bank, by total assets, in Thailand. As at 30 June 2009, its total assets are valued at THB 568,744 million.

www.tmbbank.com

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