Banks

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A savings account is an account at a bank or credit union that is designed to hold

your money. Savings accounts typically pay a modest interest rate, but they are
considered safe for parking cash that you want available for short-term needs. A higher
yield is paid by some savings accounts than by others. There can be restrictions on how
frequently you can take money out of them. funds accounts, in general, provide
flexibility that can be perfect for creating an emergency fund, saving for a short-term
objective like a vacation or a car purchase, or just generating a little interest on your
funds.

Banco de Oro or simply BDO is one of the most chosen bank in the municipality
of Naic, providing a complete array of industry-leading products and services including
Lending (corporate and consumer), Deposit-taking, Foreign Exchange, Brokering, Trust
and Investments, Credit Cards, Retail Cash Cards, Corporate Cash Management and
Remittances. Furthermore it gives a 12.5% of annual interest rate upon opening a
regular savings account. BDO’s institutional strengths and value-added products and
services hold the key to its successful business relationships with customers. On the
front line, its branches remain at the forefront of setting high standards as a sales and
service-oriented, customer-focused force. The Bank has the largest distribution network
with over 1,700 operating branches and more than 5,500 teller machines nationwide.
BDO has 16 international offices (including full-service branches in Hong Kong and
Singapore) spread across Asia, Europe, North America, and the Middle East.

For over 60 years, RCBC has been building a reputation for providing the best
customer experience, award-winning digital banking services, and pioneering
innovations. The Bank offers a wide range of banking and financial products and
services to cater to diverse customer segments. It provides consumer, commercial and
corporate lending products, deposits and cash management solutions, treasury
products, remittance services, and mobile banking services. It offers a 15% interest rate
upon opening a savings account that yields as one of the highest rate of interest that a
bank can offer.

Bank of the Philippine Islands is the first bank in the Philippines and in the
Southeast Asian region. BPI is a universal bank and together with its subsidiaries and
affiliates, it offers a wide range of financial products and solutions that serve both retail
and corporate clients. BPI's services include consumer banking and lending, asset
management, payments, insurance, securities brokerage and distribution, foreign
exchange, leasing, and corporate and investment banking. Opening s savings account
in this bank might give a range of 6%-12.5% interest rate depending on the chosen
savings account offer.
Asia United Bank Corporation (AUB) is among the very few banks that was
granted a full-branch commercial bank license in 1997 and is operating until this day. In
2013, AUB joined the league of Philippine Banks that have become publicly listed and
acquired universal banking status. As a bank widely chosen by most companies for the
savings account of their employees, AUb offers an interest rate that yields 10% per
year.

The Metropolitan Bank & Trust Company has become the premier
universal bank and among the foremost financial institutions in the Philippines. With a
history spanning more than 60 years, it aims to deliver meaningful banking to Filipinos
everywhere. It boasts diverse product portfolio including investment banking, thrift
banking, leasing and financing, bancassurance, and credit cards.It offers a full range of
services to large local and multinational corporations, middle-market and SMEs, high
net-worth individuals and retail segment. For opening savings account in their bank,
they got an offer of 6.25% interest rate per annum.

Sources:

https://www.bdo.com.ph/about-bdo/corporate-profile

https://www.rcbc.com/our-company

https://www.bpi.com.ph/about-bpi/overview/who-we-are

https://www.aub.com.ph/aboutUs/company

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