Wednesday, September 14, 2011

Fixed Deposit (FD) Rates of Banks in Malaysia (September 2011)

Bank1 month3 months6 months9 months12 months
Affin Bank3.
Alliance Bank3.
CIMB Bank3.
Hong Leong Bank2.902.952.952.953.10
HSBC Bank Malaysia2.753.
OCBC Bank (M)2.852.953.003.003.15
Public Bank3.
RHB Bank3.
Standard Chartered Bank (M)2.953.
The Bank of Nova Scotia3.
The Royal Bank of Scotland2.902.902.953.003.00
United Overseas Bank (M)2.903.

With the current economy situation, investing in equity market might not be the best option unless you only invest in pure defensive stocks or invest with established unit trust company.

So with the FD list above, maybe you can compare a little and see if you can move part of your money to FD especially for people with low appetite.

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