Wing Bank offering 8% interest for term deposits

Wing Bank (Cambodia) Plc announced that it has increased its interest rate for term deposits up to 8% p.a. and savings accounts to up to 3% p.a., bringing even greater benefits to its customers. Existing customers who maintain a minimum balance of 400,000 Khmer riel, or US$100, will qualify for the savings account's new interest rate of 3% per annum. The interest will be accrued on daily basis based on customers’ available balance, and it will be credited into their savings account at the end of every month. Furthermore, customers can open term deposit accounts to earn interest of up to 8% per annum through the Wing Bank 4.0. For those without a Wing Bank account, opening one is quick and easy. Customers can simply visit any Wing Bank branch with a valid National ID or passport. With the freshly upgraded Wing Bank 4.0, customers can live a fully digital and cashless life. They can make seamless bill payments, request a quick loan, order food via Wingmall, and open term deposits with attractive interest rates to name just a few.  (Source: Khmer Times)