CIMB Bank Bhd is targetting 200,000 customers for its CIMB YOUth savings account with a total savings of about RM162 million within the next 12 months, its Retail Financial Service Chief Peter England said.
"It's an under served market. We want them to see their savings grow in tangible ways and guide them towards the easy steps to save for their goals and dreams," England said.
The new product comes with YOUth Savers Account with minimum RM100 monthly deposit that offers higher interest rates than regular savings account, and up to 100 per cent bonus interest for regular savers.
England said the bank was confident that youths would find the new product a compelling banking experience as they start managing their own account to achieve their financial goals.
The CIMB YOUth has many features including "My Savings Goals Tool" designed to provide an avenue to create savings goals, besides special discounts and privileges on the trendiest brands.
England said CIMB YOUth is an extension to CIMB Junior, an integrated value-added proposition designed for children below 12-years old.-
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| !!Bank with youth!! |
CIMB Bank brings to you the all new YOUth Savers Account. Explore and find out a whole new world of banking and get rewards and privileges with it. There’s also a chance for you to attend the concert of your choice! Who says banking is boring!?