More than 18,000 sign up for OCBC's 360 account in its first month
Published on Jun 1, 2014 7:49 PM
SINGAPORE - Young professionals have been flocking to OCBC's recently launched 360 account, with the bank reporting more than 18,000 people signing up for the account within the first month of its launch.
Seven in 10 of these customers were so-called PMETs: professionals, managers, executives or technicians, OCBC said in a press release last Friday.
And three in 10 were young professionals aged 23 to 29 years old, it added.
The 360 account, which was launched on April 2, offers customers interest rates of up to 3.05 per cent a year if they use this account for all their banking transactions.
To continue reading, log in if you are a subscriber
If you are not a subscriber, you can get instant, unlimited access here