GoTyme offers 5% interest rate on savings product

Digital financial institution

GoTyme Bank now offers a five percent annual savings interest rate through its Go Save product.

Nate Clarke, GoTyme Bank President and Chief Executive Officer (CEO), in a virtual briefing, said that aside from the high interest rate on their savings product, clients will greatly benefit from the offering because each client can open up to five separate savings accounts.

“GoTyme Bank understands that people expect more from what is on offer from the existing banks. Our 5 percent simple savings is another big step by GoTyme to deliver on its promise to offer next-level banking that unlocks the financial potential of all Filipinos,” he said.

The bank is one of the six licensed banks in the country and is a joint venture among multi-country digital bank Tyme and the entities under the Gokongwei Group namely Robinsons Bank, Robinsons Land Corporation (RLC), and

Robinsons Retail Holdings Inc. (RRHI), started operations in October 2022.

It aims to have five million clients within five years and 10 million clients in 10 years.

Clarke is optimistic on hitting their targets since to date they already have around 340,000 customers.

“Demand has exceeded our expectations,” he said, adding that “we do expect the 5 percent (savings interest rate) will accelerate customer onboarding.”

EXTRA JUDICIAL SETTLEMENT OF INTESTATE ESTATE OF DANIEL RUBEN AMANDORON and MARIA DULCE CAPOTE WITH SPECIAL POWER OF ATTORNEY

The public is hereby notified that the intestate estate of the late DANIEL R. AMANDORON and MARIA DULCE CAPOTE who died on June 21, 1992 and March 2, 2013 respectively, which estate consists of one (1) parcel of land situated at New Carmen, Davao City, containing an area of FORTY-ONE THOUSAND NINE HUNDRED FORTY-SEVEN square meters (41,947) more or less, embraced in and covered by Original Certificate of Title No. P-4855 has been the subject of an Extrajudicial Settlement of Estate With Special Power of Attorney by and among their heirs, as duly ratified, acknowledged, and entered as Doc. No. 11; Page No. 4; Book No. I, Series of 2023; in the notarial registry of MARLONE NIÑO M. VILLAVIRAY, a duly-commissioned Notary Public in Davao City, Philippines.