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fixed deposit rates
madhaquer
#1 Posted : Thursday, January 12, 2012 3:56:28 PM
Rank: Member

Joined: 11/10/2010
Posts: 281
Location: Nairobi
Hello Wazuans

I have a stalled project and want to put the cash into a fixed deposit account for like 3 months.
so far i have muramati at 5% for 100k and above.
http://www.muramatisacco...p;id=113&Itemid=139

Any suggestions on competitive interest rates ?
For Sport
#2 Posted : Friday, January 13, 2012 7:36:26 PM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
Central Bank of Kenya
nikimani
#3 Posted : Monday, January 16, 2012 4:45:27 PM
Rank: New-farer

Joined: 1/9/2012
Posts: 23
old mutual money market, 12%.
madammary
#4 Posted : Monday, January 16, 2012 4:51:49 PM
Rank: Member

Joined: 9/23/2011
Posts: 175
Location: Nairobi
You could negotiate for a rate higher than 5% with CFC-STANBIC BANK.
Thiong'o
#5 Posted : Wednesday, January 18, 2012 1:20:33 PM
Rank: Member

Joined: 10/14/2011
Posts: 661
For Sport wrote:
Central Bank of Kenya


Yes, CBK –Risk free
githundi
#6 Posted : Sunday, January 22, 2012 11:19:37 PM
Rank: Veteran

Joined: 11/19/2010
Posts: 1,308
Location: nairobi metropolitan
Thiong'o wrote:
For Sport wrote:
Central Bank of Kenya


Yes, CBK –Risk free

>1m, you can get 18% @ Scb.
Democracy does not belong to the dead
Impunity
#7 Posted : Wednesday, January 25, 2012 6:51:52 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
githundi wrote:
Thiong'o wrote:
For Sport wrote:
Central Bank of Kenya


Yes, CBK –Risk free

>1m, you can get 18% @ Scb.



RINK?
Kes. 180,000 (less 15% tax) isnt byaaad.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

anika66
#8 Posted : Monday, February 13, 2012 12:51:01 AM
Rank: Member

Joined: 2/25/2010
Posts: 158
Try CIC Money Market Fund.Daily rates fractuate between 13 to 18 %. I think this is good.
Keeping it all in the family
sjumani123
#9 Posted : Tuesday, May 08, 2012 12:35:31 PM
Rank: Hello

Joined: 5/8/2012
Posts: 3
Fixed deposits are one of the best and most common types of savings schemes for the investors. I have just invested in Yes bank's fix deposit account. The bank offers me great interest rate on my investment.
Wondergirl
#10 Posted : Tuesday, May 08, 2012 1:53:32 PM
Rank: Member

Joined: 9/12/2009
Posts: 312
nikimani wrote:
old mutual money market, 12%.

Is this risk free like fixed deposit?
What the rate?
How flexible is it?
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