Latest News: Malaysia Fixed Deposits
We are pleased to announce that we have ventured overseas and established Malaysia Fixed Deposits.
Our Malaysia Fixed Deposits will offer the latest and the best savings and fixed deposits rates available in the country. There will be emphasis on savings and fixed deposits rate promotions of commercial banks, Islamic banks, international banks and financial institutions in Malaysia.
The current Malaysia fixed deposits rates of banks and financial institutions there hover around 3.00% per annum, with the highest fixed deposits interest rate at 3.10%. We highlighted a promotional fixed deposits rates offer of as high as 3.70% per annum for a three-month tenure just recently.
One unique feature of Malaysia Fixed Deposits would be the many Syariah-compliant products and banking accounts for depositors to choose. These rates will be rolled out in Malaysia Fixed Deposits in stages.
If you are thinking of converting money into Malaysian Ringgit from US dollars or Singapore dollars, these are estimated quotes for the respective currency exchange rates:
100 Malaysia Ringgit = 27.8956 US Dollars.
100 Malaysia Ringgit = 41.7178 Singapore Dollars.
Regardless of your nationality, consider learning about banking products and investment opportunities to make your savings and deposits work harder at Malaysia Fixed Deposits.
Visit Malaysia Fixed Deposits now!
Feb 7, 2009
Feb 5, 2009
HSBC Singapore Savings Interest Revised Downwards
HSBC Singapore Savings Interest Revised Downwards
HSBC Bank Singapore has revised their interest rates downwards since early February 2009.
Their Premier Account for deposited sums of $50000 to less than $100000 has dropped to 0.55% per annum from 0.60% previously. For sums above $100K, it now earns 0.80% per annum instead of 0.85%.
Will other Singapore banks and financial institutions follow suit and lower their savings account interest payments?
Keep reading Singapore Savings Account Rates to find out what is the worth of your deposits in terms of interest earned.
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