News Room

RHB Banking Group Launches Max FD3

Kuala Lumpur, 26 May 2009: RHB Banking Group has launched its latest deposit promotion, the Max FD3.  This is an 8-month step rate fixed deposit where customers will be able to earn up to 3% interest per annum.

The Max FD3 works in a manner where the interest rate increases every 2 months during the entire 8-month tenure. This is a simple, straightforward product that offers up to 3% interest per annum with a minimum placement of RM10,000 new funds. In comparison to the existing 8- to 12-month fixed deposit placement which only secures between 2% to 2.5% interest per annum, the MaxFD3 will certainly hold its appeal as consumers are seeking higher returns and will go for options that they are familiar with, from a brand that they can rely on.

Renzo Viegas, Head of Retail Banking, said, “In light of the current market environment where consumers look for better returns, the RHB Banking Group is certain that this step rate fixed deposit will be welcomed by all.”

The MaxFD3 will be available at all RHB Bank branches nationwide from 18 May to 31 July 2009 and is open to both individual and commercial customers. For more information, customers may call RHB’s Toll Free line – 1800-88-SAVE (7283) – visit www.rhb.com.my or call any RHB Bank branch nationwide for a one-to-one consultation.

Issued on behalf of RHB Bank Berhad by Group Corporate Communications Division, RHB Capital Berhad. For more information, please call Eza Dzul Karnain at 012-3420060 or Sandra Foo at 012-3188412.

About the RHB Banking Group
The RHB Banking Group is the fourth largest fully integrated financial services group in Malaysia. The Group’s core businesses are streamlined into four Strategic Business Units (SBUs): Retail Banking, Corporate & Investment Banking, Islamic Banking and International Banking. These businesses are offered through its main subsidiaries – RHB Bank Berhad, RHB Investment Bank Berhad, RHB Insurance Berhad and RHB Islamic Bank Berhad, while its asset management and unit trust businesses are held under RHB Investment Management Berhad. RHB’s International Banking Division include the commercial banking operations in Singapore, Thailand and Brunei. The Group also has a non-ringgit based offshore funding operations in Labuan as well as a representative office in Vietnam. It is the RHB Banking Group’s aspiration to deliver superior customer experience and shareholder value; and be recognised as one of the top financial services groups in ASEAN.

It’s time we simplify banking.