In this photo: Gretchen Ho, Host and Multimedia Personality, who recently joined Salmon’s Bank On It Campaign, launched in October 2025.
Manila, Philippines – Salmon Bank (Rural Bank) Inc. announces the launch of its latest offering, “Bank on Eight,” a promotional interest rate of 8% per annum available to clients with Time Deposit placements of at least PHP 1 million for a minimum of 1 year, starting from December 1, 2025, to June 1, 2026.
The introduction of this promotional rate follows the continued strong performance across Salmon Bank (Rural Bank)’s lending and deposit businesses. With sustained customer inflows and significant improvements in operational efficiency driven by the Bank’s technology-led model, Salmon Bank (Rural Bank) is now in the position to offer one of the most attractive promotional deposit rates in the Philippine market.
With this, Salmon Bank (Rural Bank) reinforces its commitment to providing Filipinos with secure, high-value savings options supported by a modern, reliable banking experience.
“Bank on Eight gives every Filipino saver access to one of the highest interest rates in the market, allowing them to grow their money in a secure way. We’ve experienced rapid growth this year with the support of our customers. Now as our business scales, we are committed to passing on the benefits of our efficiency back to Filipinos,” said Raffy Montemayor, Co-Founder of Salmon and Chairman of Salmon Bank (Rural Bank).
“This promo is a clear example of how technology and responsible growth allow us to provide comparatively high returns to our customers while maintaining strong liquidity, capital, and risk standards,” he added.
Customers may open a Salmon Bank (Rural Bank) account online by completing the application form available at: https://salmon.ph/salmonbank-deposits#depositForm. They may also opt to visit any of Salmon Bank (Rural Bank)’s branches located in Sta. Rosa, Laguna and Bacoor, Cavite. For additional information about this offer, please visit: https://salmon.ph/salmonbank
Terms and Conditions apply. Per DTI Fair Trade Permit No. FTEB-242399 Series of 2025. Salmon Bank (Rural Bank) Inc. is regulated by the Bangko Sentral ng Pilipinas (http://www.bsp.gov.ph). Deposits are accepted only within bank premises or through authorized bank channels and are insured by PDIC up to PHP 1 million per depositor.
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About Salmon Bank
Salmon Bank (Rural Bank) Inc. – formerly known as Rural Bank of Sta. Rosa (Laguna) Inc. – is one of the fastest-growing technology-driven banks in the Philippines, offering accessible, intuitive, and secure financial services to individuals and businesses.
Salmon Bank (Rural Bank) provides savings products, deposits, payments, and consumer lending portfolios through modern digital channels and the Salmon app, one of the highest-rated finance apps in the Philippines.
The Bank is regulated by the Bangko Sentral ng Pilipinas (http://www.bsp.gov.ph). Deposits are accepted only within bank premises or through authorized bank channels and are insured by PDIC up to ₱1 million per depositor. Terms and Conditions apply.
The Bank is majority-owned by Salmon Group Ltd., a global financial technology company building a leading credit-led financial superapp in Southeast Asia.
About Salmon (https://salmon.ph)
Salmon Group Ltd owns a controlling stake in a BSP-regulated bank, Salmon Bank (Rural Bank) Inc., and a SEC-licensed financing company, Sunprime Finance Inc., in the Philippines. Salmon is on a mission to build the best credit-led, technology-centric financial superapp in Southeast Asia, with the Philippines as its first market. Already today Salmon App is rated at 4.8 in App Store and Google Play, making it one of the highest rated finance apps in the Philippines.
Founded in 2022 by banking and technology veterans Pavel Fedorov, George Chesakov, and Raffy Montemayor, Salmon uses AI-enabled technology and a proprietary credit engine to offer consumer credit - providing differentiated simplicity, quality of service, and convenience to its customers. Ninety-two percent of Salmon customers recommend its services to their friends and family.
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