OwnBank mobile app offers Pinoys highest savings interest rate yet

Source: Newsbytes.PH
Published on: 2023-12-14 04:16

OwnBank, the newest mobile banking player in the country, is seeking to make an immediate impact in the industry by offering the highest savings interest rate yet of 8% per annum. Founded in 1956 as Own Bank, The Rural Bank of Cavite City, the company has been an essential financial institution within its local community. In 2021, OwnBank underwent a transformative shift under the guidance of Streetcorner Group, an association that includes Akulaku, a financial technology platform in Southeast Asia, and Metropolitan Insurance Company Inc. (MICI), a non-life insurance company. This marked the initiation of OwnBank's journey into the digital era, embracing innovation and incorporating cutting-edge financial services into its foundation. OwnBank offers exclusive perks to its users to maximize the potential of their savings and 13th-month pay, whether their goal is to save it through high...

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