Announcement on the interest rate change for Savings and Current PLUS accounts in USD
Dear valued customers,
We would like to inform you that effective from 5 November 2018, ABA Bank reduces the interest rate for new and existing Savings, Mobile Savings, and Current “PLUS” accounts opened in USD currency.
The reduction of the interest rate is as follows:
|Account Type||Existing Interest Rate|
in USD (p.a.)
|New Interest Rate|
in USD (p.a.)
|Mobile Savings Account|
|Current “PLUS” Account|
The reduction of the interest rate is made considering the following factors:
- Due to the surplus of liquidity in the banking industry in general, the major banks in the country continue to lower their interest rates for Savings accounts and the trend of interest rates is observed continuously downwards.
- ABA Bank, being one of the leading banks, has also found itself in the over liquidity position and adopts a similar approach toward the change in the industry.
- Despite the revision of the above interest rate, ABA provides customers with the most secure and advanced cutting-edge digital banking solutions such as ABA Mobile banking app, iBanking service, Virtual Cards, ATMs and Cash-in machines that provide you with access to your funds 24/7, as well as a wide branch network across the country with selected branches working 12/7.
For any questions related to these changes, please reach your Relationship Manager, email us at info(at)ababank.com or call our Contact Centre available 24/7 for you at 023 225 333.
Thank you for banking with us!
Advanced Bank of Asia Ltd.