Hong Leong Bank unveils Business Flexi FD

Product gives companies power to optimise cash flow by enabling customers to withdraw before tenure period.

Hong Leong Bank introduced the Hong Leong Business Flexi FD, which promises to be different from most conventional options offered in the market.

The Business Flexi FD gives companies the ability to optimise cash flow while getting the most from their FD placement, Hong Leong Bank's Group Managing Director/Chief Executive Yvonne Chia was quoted in a statement on Tuesday.

She said companies would no longer have to face the prospects of being unable to withdraw funds in the face of cash flow emergencies or lose out on interest for withdrawing before the tenure period.

View the full story in Business Times.