RHB SINGAPORE CELEBRATES A BIGGER AND BETTER JURONG EAST BRANCH WITH NETWORK-WIDE 3.68% PER ANNUM FIXED DEPOSIT RATE

SINGAPORE, Sept. 21, 2023 /PRNewswire/ -- RHB Singapore offers one of the highest 12-month fixed deposit interest rates in the market at 3.68% per annum (p.a.) in celebration of the opening of its bigger and better Jurong East Branch. Customers are also entitled to an exclusive Wealth - Fixed Deposit bundle promotion rate at 4.00% p.a. for a 6-month fixed deposit if they purchase any eligible wealth products at the Jurong East Branch.

"The reopening of RHB Jurong East Branch marks the completion of our 2-year branch relocation and transformation exercise, which saw our branches refreshed in a contemporary shophouse heritage design and digitally enabled. Celebrating network-wide, we are now offering 6 and 12-month fixed deposit rates of up to 3.68% p.a. for a minimum placement of S$20,000 at all RHB branches and on our RHB Mobile SG app," said Coreen Kwan, Head of Retail Banking at RHB Singapore.

The branch at Jurong East features a bigger space than before and accommodates a dedicated Premier Centre for wealth management, serving Premier and Personal Banking as well as Business Banking clients. 

"We moved the previous Jurong East branch a few doors away within the same vicinity as we recognised the need for larger premises to meet the growing needs of our strong client base in the West. The modern heritage design we have chosen for our relocated branch aims to convey our commitment to elevating the RHB banking experience to better serve our clients, while remaining true to what our clients know us best for – customer service excellence," added Ms Kwan.

RHB Singapore embarked on a strategic transformation of its retail banking business in 2020, focusing on a branch network refresh, revamped business operating model and digitalisation. The branch network refresh aims to relocate branches away from past areas of commercial activity to current regional hubs and business centres to serve the bank's existing client base as well as reach out to new clients within the vicinity. Its uniquely themed concepts, which reference the surroundings of each branch location, help establish a personal connection with its clients.

Besides the newly opened Jurong East Branch, RHB Singapore also refurbished its Headquarters at Cecil Branch and Premier Centre in the Central Business District earlier this year, which followed the launch of RHB Singapore's Parkway Branch in 2022 to serve consumer and business clients in the East. This was preceded by the opening of RHB Singapore's regional wealth hub in Orchard in end 2021. The Orchard Premier Centre opposite Emerald Hill serves both local and regional clients.

The ongoing promotions are listed below:

Fixed Deposit promotion (available at all RHB Singapore branches and RHB SG Mobile app) 

• This promotion is valid from 19 September 2023 and shall end on a date to be determined by RHB at its absolute discretion.
• Promotional rates are subject to change without prior notice.
• Full Terms and Conditions apply.
• For more information, please fill in the "contact me" form online and our relationship manager will get in touch with you. Alternatively, you can head down to our branch or call our 24-hour Contact Centre at 1800 323 0100.

Wealth Fixed Deposit bundle promotion (exclusive to Jurong East Branch) 

For purchase of any eligible wealth product, enjoy 4% p.a. on your 6-month SGD fixed deposit. 

• This promotion is valid from 28 August 2023 to 30 September 2023 or at such earlier date as RHB may determine at its discretion.
• The RHB Jurong East Wealth - FD Bundle Campaign is open to all new and existing customers who purchase wealth products at Jurong East Branch during the Campaign period.
• Promotional rates are subject to change without prior notice.
• Full Terms and Conditions apply.
• For more information, please fill in the "contact me" form online and our relationship manager will get in touch with you. Alternatively, you can head down to our branch or call our 24-hour Contact Centre at 1800 323 0100.

For more information on the promotions, please visit our website at https://www.rhbgroup.com.sg/rhb/personal/promotions/jurongopening

Issued on behalf of RHB Singapore by the Brand Marketing and Communications department. For more information, please contact Jovita Chua or Luke Diep at Jovita.chua@rhbgroup.com / Luke.diep@rhbgroup.com

About RHB Singapore

RHB Singapore was first established in 1961 through a series of rapid expansion and strategic mergers. For more than half a century in Singapore, RHB has garnered invaluable financial experience and transferred those insights of service excellence on to clients, helping individuals and corporations fulfil their financial goals. RHB Singapore's core businesses are streamlined into five pillars, namely Retail Banking, Commercial Banking, Corporate and Investment Banking, Treasury and Asset Management. RHB Banking Group aspires to deliver superior customer experience and shareholder value; and to be recognised as a Leading Multinational Financial Services Group.

Find out more about RHB Singapore at www.rhbgroup.com.sg