Chief Bank Introduces Installment Deposit Account with Competitive Interest Rates and Flexible Terms

Chief Bank has unveiled its Installment Deposit Account, designed to offer customers a flexible and rewarding savings option.

This account is tailored to meet the needs of both individual and corporate clients, providing attractive interest rates and adaptable terms to accommodate various financial goals.

Flexible Terms with Competitive Interest Rates

The Installment Deposit Account offers interest rates that are highly competitive in the current market. For USD and KHR deposits, the bank provides a rate of 5.75% and 6.00%, respectively, for 12-month terms. For those opting for a longer commitment, the rates increase to 6.00% for USD deposits and 6.25% for KHR deposits on 24-month terms.

Chief Bank also offers negotiable rates for 36-month terms, allowing clients to tailor their deposit terms based on their specific financial strategies.

Dr. Soeung Morarith, Chief Executive Officer of Chief Bank, emphasised the bank’s focus on customer-centric products. "Our Installment Deposit Account is designed with our customers in mind. By offering competitive interest rates and flexible terms, we aim to provide financial solutions that help our clients achieve their savings goals efficiently and effectively," Morarith stated.

Convenient Access and Support

In addition to offering competitive rates, Chief Bank is committed to providing customers with easy access to their services and support. The bank’s head office is strategically located in Phnom Penh, ensuring that clients can readily access in-person assistance. Furthermore, Chief Bank’s digital platforms, including the Chief Mobile app, allow customers to manage their accounts and transactions conveniently from anywhere, reflecting the bank’s dedication to enhancing the overall banking experience.

Chief Bank’s Installment Deposit Account is a key component of the bank’s strategy to enhance its suite of financial products. The account is designed to offer flexibility, competitive returns, and a strategic advantage for both individual and corporate clients looking to maximise their savings.

Customers interested in these services are encouraged to visit the nearest Chief Bank branch for further assistance. The bank continues to prioritise customer satisfaction by offering services that align with their financial needs and expectations.

Find Out More: https://www.chiefbank.com.kh/en/Products/SavingPrestige

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