Fixed Deposit (FD) rates of banks in Malaysia (Dec 2011)
My blogs, including this one, has been wiped off in a recent technical glitch faced by my hosting company. They did not have any backup so everything has been deleted. Fortunately, the CEO tried his best to dig the details from the older servers and managed to restore the data before Nov 2010. Unfortunately, all [...]
Fixed Deposit (FD) rates of banks in Malaysia (August 2010)
In March 2010, I compiled a list of Fixed Deposit rates in Malaysia HERE. The overnight interest rate has since changed and here’s the updated table. Bank 1 month 3 months 6 months 9 months 12 months Affin Bank 2.80 2.85 3.00 3.05 3.30 Alliance Bank 2.75 2.75 2.90 3.00 3.10 AmBank 2.75 2.75 2.90 [...]
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 months Affin Bank [...]
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 [...]
Fixed Deposit rates of different local banks
If you’re not someone who can stand looking at your money being burned away, then don’t ever step into stock investing. It’s a very risky business. And you might want to reconsider your mutual fund option as well since the return is low and the risk is still there, especially with the current market condition. [...]