At last, a one-year time deposit that allows you to enjoy your interest NOW!

 

Wednesday, November 05, 2003

At last, a one-year time deposit that allows you to enjoy your interest NOW!

The long wait is over. At last, a one-year time deposit that allows you to enjoy your interest NOW!

Plantersbank has launched Premium One — a one-year term placement that offers higher than prevailing market yield and access to your interest earnings in advance.

“For a minimum P50,000 deposit Premium One offers an 8.50 percent per annum return,” according to SAVP Adonis C. Yap, head of the Product Marketing and Management Department (formerly CMSD). “The minimum placement earns a net interest of P3,200.” Plantersbank guarantees that the interest is credited on the same day the deposit is made and is withdrawable on the fifth banking day.

Premium One allows account holders to borrow up to 80 percent of the principal amount through a back-to-back arrangement, plus the funds are backed by the financial stability of the country’s largest private development bank.

Premium One is available at Plantersbank branches nationwide. Inquiries can be coursed through customer service hotline (02) 812-5325.

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