Fixed Deposit (FD) rates of banks in Malaysia (March 2010)
In November 2009, I compiled a list of Fixed Deposit rates in Malaysia HERE. Recently, the Central Bank (Bank Negara) has increased the overnight interest rates, and this has caused our country’s FD rates to go up – but not by much.
Bank
1 month
3 months
6 months
9 months
12 [...]
Fixed Deposit (FD) rates of banks in Malaysia (August 09)
In March, I wrote a post on the Fixed Deposit rates of the major banks in Malaysia HERE. Not much change since then. Here’s the update for the month of August 2009.
Bank
1 month
3 months
6 months
9 months
12 months
Affin Bank
2.00
2.10
2.20
2.30
2.50
Alliance Bank
2.00
2.00
2.00
2.00
2.50
AmBank
2.00
2.10
2.20
2.20
2.50
Bangkok Bank
2.00
2.05
2.10
2.20
2.50
CIMB Bank
2.00
2.10
2.10
2.10
2.50
Citibank
2.00
2.00
2.00
2.00
2.50
EON Bank
2.00
2.00
2.00
2.00
2.50
Hong Leong Bank
2.00
2.00
2.00
2.00
2.50
HSBC [...]
Is it still worth it to put your money into Fixed Deposits?
In my recent post about Fixed Deposit (FD) rates in Malaysia, I couldn’t help but noticed that the rates are pretty similar from one bank to the other. All of them have very very low rates ranging from 2% to 2.5%.
So for example, you put in RM 5000, which is the minimum required for a [...]
Fixed Deposit (FD) rates of banks in Malaysia (March 09)
In January, I posted a post on the Fixed Deposit rates of the major banks in Malaysia HERE. Since then, our Bank Negara (Central Bank) has reduced the interest rates twice. Thus the changes are quite major.
Bank
1 month
3 months
6 months
9 months
12 months
Affin Bank
2.00
2.10
2.20
2.30
2.50
Alliance Bank
2.00
2.00
1.90
1.90
2.50
AmBank
2.00
2.10
2.20
2.25
2.50
Bangkok [...]
Fixed Deposit (FD) rates of banks in Malaysia (Jan 09)
I’ve posted 2 articles on the Fixed Deposit (FD) rates of the banks in Malaysia before – Fixed Deposit rates of different local banks and List of Fixed Deposit rates for foreign banks.
I figure that this topic is quite important so I’ve decided to continue posting updates on the FD rates of the banks in [...]