Salmon Bank Clients Double in 2025 as Affluent Filipinos Flock to Time Deposits

Salmon Bank (Rural Bank) Inc. saw its client base double in 2025, fueled by growing interest from affluent Filipinos seeking higher yielding yet stable savings options. The surge reflects a shift toward structured deposit products that offer predictable returns while preserving capital in an uncertain market environment.

With competitive time deposit rates, including its headline “Bank on Eight” offer, the bank is positioning itself as an attractive alternative for wealth builders looking for both security and performance. The strong uptake signals increasing demand for deposit products that combine disciplined returns with long term financial planning.

Salmon Bank (Rural Bank) Inc. said its client base doubled in 2025 driven by the rising interest among affluent Filipinos in time deposit products, offering competitive yields and capital stability.

The bank closed the year with around 85% 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 PHP 1 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 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% 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. For more information about this offer, visit 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. Deposits are insured by PDIC up to PHP 1 million per depositor.

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.