From now until April 30, Standard Chartered Bank is offering amazing interest rates of up to eight per cent for Brunei dollar fixed deposits in a first-in-market promotion that bundles a selection of Unit Trusts with Brunei Dollar Fixed Deposit accounts.
The promotion offers the best of both worlds for basic investment. Customers can choose from a selection of six unit trust funds to meet their long-term needs. In this promotion, customers can then choose to deposit 50 per cent of the value of the Unit Trust subscription into a Brunei dollar fixed deposit account. The interest rate for the fixed deposit depends on the amount deposited and tenure, starting at four per cent for a three-month tenure Brunei dollar fixed deposit of B$1,000, up to eight per cent for a three-month tenure Brunei dollar fixed deposit of US$25,000.

Eng Siok Tin, Standard Chartered Bank Wealth Management General Manager, said: “Having a solid foundation for your core investment portfolio is crucial in order to get a head start in your investment strategies. This investment offering is suitable for both the first-time investors and seasoned investors. Wealth management and wealth building is not just for the wealthy, it’s for everyone. With low minimal entry levels into Unit Trust investment, we believe in breaking the general assumptions that investing is only for wealthy individuals.”

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