OCBC Wing Hang Bank offers 12-month HKD time deposits at 5% interest per annum


    28th October 2022 – (Hong Kong) The annual interest rate for OCBC Wing Hang Bank’s latest 12-month Hong Kong dollar time deposit offer has been increased from 4% to 5%, and the promotion period has been extended to 12th November. If customers feel that a 1-year term is too long, they can also consider 3 months or 6 months period. The preferential annual interest rate can reach 4.5%, which is still favourable.

    Based on deposit amount of HK$200,000, customers can earn HK$10,000 in interest for one year. In addition, the annual interest rate of 6-month and 3-month Hong Kong dollar time deposits is 4.5% and 4% respectively. However, this high-interest promotion is only applicable to existing customers of “OCBC Wing Hang Premier Banking”, or existing customers who have upgraded to “OCBC Wing Hang Premier Banking”. To become a customer, you need to have a deposit or investment of HK$1 million in OCBC Wing Hang Bank.