[Mrs. Qian’s Shop Tour] Small and medium-sized banks raise interest rates and grab fixed deposits of more than 4%, with many choices

Small and medium-sized banks have recently raised interest rates, vying to seize the fixed deposit market, with interest rates reaching over 4%, allowing citizens to have more diversified choices. Mox Bank has also launched a new customer discount of HKD 15%, with a minimum deposit of HKD 50,000 and a requirement to maintain current deposits for at least 60 days.

Dah Sing Bank Selected Branch Privileges

Dah Sing Bank has recently launched special branch privileges. The promotion is from now until March 28, 2020. New customers who open new accounts at designated branches of Dah Sing Bank can enjoy rich privileges.

Interest rate hike measures attract many customers

This wave of interest rate hikes has attracted many customers, who have gone to small and medium-sized banks to handle fixed deposit business, hoping to obtain higher interest returns. For citizens, this is undoubtedly good news.

Diversified choices provide more convenience

As various banks raise interest rates one after another, citizens can choose the most suitable fixed deposit product based on their needs and risk tolerance, thereby realizing the appreciation of their funds.

• Increase deposit interest rates
• Attract more customers
• increase market competition

Actively respond to market changes

For banks, raising interest rates is to respond to market changes, improve competitiveness, attract more customers, and achieve steady development. In the future, as the market environment changes, banking services will become more diversified and provide customers with more choices.