Sony Bank Launches Interest Rate Benefit Campaign on Yen Time Deposits
May 19, 2006
Sony Bank, a 88.0%-owned subsidiary of Sony Financial Holdings, today announced the launch of an interest rate benefit campaign on yen time deposits during the period from May 29, 2006 to July 30, 2006. The campaign commemorates Sony Bank's fifth anniversary of operations on June 11, 2006. In addition to the standard interest rate, customers who set up yen time deposits during the campaign period will enjoy interest rate benefits that vary depending on the term of their time deposits.
| Term of time deposits | Interest Rate Benefits |
|---|---|
| More than 1 month and less than 1 year | 0.050% (After tax 0.040%) |
| More than 1 year and less than 2 years | 0.200% (After tax 0.160%) |
| More than 2 years and 10 years | 0.100% (After tax 0.080%) |
Sony Bank will continue to offer favorable investment opportunities for customers' yen assets.
Note: This is an English-language summary of a Japanese announcement made by Sony Bank on May 19, 2006. The summary was prepared by Sony Financial Holdings Inc. solely for the convenience of non-Japanese readers.
