ING Philippines, which is celebrating its 30th anniversary in the country, announced a one-time cash gift for customers in October.
All ING Save account holders will receive a one-time cash gift that is equivalent to 30 percent of their net interest earned in the month of October 2020.
The Dutch financial institution said this is their way of celebrating their pearl anniversary and thanking customers for trusting ING Bank when it launched the first all-digital bank in the Philippines in 2018.
“Filipinos have a strong culture of gifting. Combining that with our 30-year presence in the Philippines, we believe that this cash gift is a simple but meaningful gesture from ING to thank all our clients and customers who have supported us through the years,” ING Philippines country manager Hans Sicat said.
Sicat said that, “the pandemic has certainly made us rethink and adjust our anniversary celebration plans. This is the first of several initiatives we have to celebrate our milestone. We are glad to be able to bring this to our growing retail customer base within a short period time.”
The cash gift works hand-in-hand with the high interest rate of 4 percent per annum (p.a.) that ING offers on its savings account.