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Public Bank launches two new campaigns

Posted on August 8, 2012, Wednesday

KUCHING: Public Bank Bhd (Public Bank) announced the launch of ‘PB Gold for Gold 2’ and ‘PB FCY FD Top Rates’ campaigns to further drive the growth of the bank’s gold investment account and foreign currency deposits.

The ‘PB Gold for Gold 2’ Campaign was re-launched following the encouraging response received from our customers for the previous ‘PB Gold for Gold’ Campaign, which was launched on Dec 1, 2011.

The Campaign offers free one gram of gold for every 200 grams of gold purchased in Gold Investment Account (GIA) during the Campaign period from August 1 to Nov 30, 2012.

The free units of gold will be given to customers based on the total cumulative gold purchases made during the campaign period. The campaign will end on Nov 30, 2012.

Meanwhile, the ‘PB FCY FD Top Rates’ ampaign launched concurrently is a foreign currency fixed deposits (FCY FD) campaign which offers additional interest rates of up to two per cent per annum on top of the Bank’s prevailing FCY FD interest rates for the US dollar (USD), Australian dollar (A$), pound sterling, euro and New Zealand dollar (NZ$).

As for Chinese renminbi, customers will enjoy an additional interest rate of 0.8 per cent per annum.

As an example, customers could earn interest rates as high as 5.65 per cent per annum for a one month A$ FCY FD compared to current counter rate of 3.65 per cent per annum.

To participate in the Campaign, customers are required to place a minimum of RM10,000 equivalent of foreign currency amount into their FCY FD account.

There is no cap on the maximum amount to be placed under the campaign. The available FCY FD placement tenures are one month, three months, six months and 12 months.

The additional interest rates offered under the Campaign is for a limited period only until Oct 31, 2012.

Customers who intend to invest abroad or intend to send their children for overseas education should grab this opportunity to earn the additional interest rates.

The campaign is opened to individual investors as well as corporations making new FCY FD placement with funds converted from Ringgit Malaysia.

In addition to the free gold and additional interest rates offered under these two campaigns, customers who participate in ‘PB Gold for Gold 2’ and ‘PB FCY FD Top Rates’ campaigns are also eligible to participate in the Bank’s ‘PB Bank2Win’ Campaign to win attractive cash prizes via monthly and grand draws totalling more than RM1.3 million.

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