Salmon Bank (Rural Bank) Inc. doubled its client base in 2025 as affluent Filipinos flocked to time deposit products offering competitive yields and capital stability, the lender said Monday.
The bank said in a statement it ended the year with affluent clients making up about 85 percent of its depositors. These savers showed a growing preference for structured products providing predictable returns and secure fund placement.
Growth was bolstered by the “Bank on Eight” promotion, which offers an 8-percent interest rate per annum for placements of at least P1 million for terms between 1 and 5 years. The promotion, which launched on Dec. 1, 2025, is scheduled to run until June 1, 2026.
Salmon co-dounder and Salmon Bank (Rural Bank) chairman Raffy Montemayor said the growth highlights a rising interest in time deposits among wealthy Filipinos.
“With competitive rates like ours, they now serve as an attractive way to grow one’s wealth. The response to our ‘Bank on Eight’ offer, in particular, shows that clients now highly value products that combine strong returns with predictability and security,” he said.
