OCBC TO LAUNCH 'GO CHINA' CAMPAIGN NEXT MONDAY

KUALA LUMPUR, Sept 17 (Bernama) -- OCBC Bank (M) Bhd is rolling out "Go
China" campaign next Monday to tap China's long-term growth potential.

In a statement here Friday, the bank said it was confident of China's growth
potential and expected a major medium- to long-term benefits for the region
given the expected increase in intra-region trade and potential rise in
interest in regional financial assets from China.

Its head of wealth management, Ong Shi Jie, said retail customers could
capitalise on China's growing presence on investors' radar screens with the
launch of the campaign.

Ong said investors could fulfil their investment or transactional needs with
the package offering a new, comprehensive, range of financial solutions with an
exclusive focus on China.

"As part of our holistic approach to offering customers a range of products
linked to China, as the country moves up the ranks as an economic powerhouse, we
have decided to offer a fairly comprehensive suite of products through this
campaign," she said.

The package consisted of:

*China yuan call account, a deposit account that allows customers to hold on
to the yuan while earning interest on it;

*The Pacific ELITE China Growth Fund, the only unit trust fund investing in
China equities that comes without sales charges upfront; and,

*The yuan forex and remittance services that do away with multiple currency
conversions and allows for direct exchange and remittance in yuan to any banks
in Mainland China.

Meanwhile, the OCBC Go China Yuan Call Account and Pacific ELITE China
Growth Fund will feature a promotional one-month ringgit fixed deposit rate of
five per cent per annum when a customer purchases any of the two products with a
minimum deposit of RM10,000 (US$3,225).
-- BERNAMA


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