Public announcement on interest rate changes for Fixed Deposits in USD
14/Jun/2018
Dear valued customers, we would like to inform you that effective from 15 June 2018, ABA Bank reduces the interest rate of Fixed Deposit for USD accounts opened over the counter and in ABA Mobile app.
The new rates for both new and rolling over Fixed Deposit accounts in USD are as follows:
Fixed Deposit in USD opened over the counter:
| Term | Interest at Maturity for Individuals | Monthly Interest for Individuals | Interest at Maturity for Corporates |
| 12 months | 4.75% p.a. | 4.50% p.a. | 4.50% p.a. |
| 24 months | 5.00% p.a. | 4.75% p.a. | 4.75% p.a. |
| 36 months | 5.25% p.a. | 5.00% p.a. | 5.00% p.a. |
Fixed Deposit in USD opened in ABA Mobile app:
| Term | Interest at Maturity |
| 7 months | 3.71% |
| 8 months | 3.92% |
| 9 months | 4.13% |
| 10 months | 4.33% |
| 11 months | 4.54% |
| 12 months | 4.75% |
| 18 months | 4.88% |
| 24 months | 5.00% |
| 30 months | 5.13% |
| 36 months | 5.25% |
The reduction of the interest rate is made considering the following factors:
- The surplus of liquidity in the banking industry in general, the top five banks in the country continue to lower their interest rates for both existing and new Fixed Deposit accounts. ABA Bank, being one of the top banks, adopts the similar movement as per change of industry trend.
- ABA Bank is one of the most secured bank in Cambodia, so the confidence ABA provides to customer to secure their monies safely is much more important than interest rates.
- Despite reduction of the interest rate for long-term Fixed Deposit in USD, you are still offered with the most competitive interest rate amongst the top five commercial banks in the country.
For any questions related to these changes, please reach out to your Relationship Manager, send an email to [email protected], or call our Contact Centre at 023 225 333 available 24/7 for you.
Thank you for banking with us!
Advanced Bank of Asia Ltd.
