In celebration of its 30th anniversary in the country, ING Philippines announced a one-time cash gift for its customers this October.
All ING Save account holders will receive a one-time cash gift that is equivalent to 30% of their net interest earned in the month of October 2020. The Dutch-based financial institution said this is their way of celebrating their pearl anniversary and thanking customers for trusting ING Bank when it launched the first all-digital bank in the Philippines in 2018.
“Filipinos have a strong culture of gifting. Combining that with our 30-year presence in the Philippines, we believe that this cash gift is a simple but meaningful gesture from ING to thank all our clients and customers who have supported us through the years,” ING Philippines country manager Hans Sicat said.
Sicat added that “The pandemic has certainly made us rethink and adjust our anniversary celebration plans. This is the first of several initiatives we have to celebrate our milestone. We are glad to be able to bring this to our growing retail customer base within a short period time.”
The cash gift works hand-in-hand with the high interest rate of 4% per annum (p.a.) that ING offers on its savings account. Announced last month, all existing ING Save customers before September 1, 2020 can still enjoy 4% interest rate p.a. until December 31, 2020 on their new deposits. New customers from September 1 to December 31, 2020 also get to enjoy 4% interest rate p.a. on all their savings for their first four months.
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