Salmon Bank (Rural Bank) Inc., formerly Rural Bank of Sta. Rosa (Laguna), Inc., said its client base doubled in 2025 with 85 percent of its depositors being affluent Filipinos availing of its time deposit products.
According to the bank, it closed the year with around 85 percent of its depositors being affluent clients availing of time deposit, underscoring a growing preference among wealthier savers for structured deposit products that provide predictable returns and a secure place to park funds.
The strong year-on-year growth was supported by the launch of “Bank on Eight,” Salmon Bank (Rural Bank)’s promotional time deposit offering that provides an 8% interest rate per annum for placements of at least PHP1 million, for a period of 1 to 5 years. This promo, which offers one of the most attractive interest rates in the country, runs from December 1, 2025, until June 1, 2026, the bank said in a statement.
“The recent growth in our deposit client base highlights the rising interest among affluent Filipinos toward time deposits. With competitive rates like ours, they now serve as an attractive way to grow one’s wealth,” said Raffy Montemayor, Co-Founder of Salmon and Chairman of Salmon Bank (Rural Bank). “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.”
Salmon Bank (Rural Bank) also offers competitive interest rates of up to 6 percent per annum for customers placing deposits below PHP 1 million.
Customers may open a Salmon Bank (Rural Bank) account via the Salmon App – available on the Google Play Store and Apple App Store – or by visiting the bank’s Sta. Rosa, Laguna or Bacoor, Cavite branches.
Salmon Group Ltd is the parent company of Salmon Bank. Salmon Group itself is backed by world-class investors, including the International Finance Corporation (member of the World Bank Group); ADQ/Lunate, Abu Dhabi’s sovereign wealth fund; and leading U.S. venture capital firms.
