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Best Fixed Deposit rates
mwekez@ji
#41 Posted : Monday, August 19, 2013 9:15:00 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
maka wrote:
mwekez@ji wrote:
maka wrote:
mwekez@ji wrote:
Tokyo wrote:
mwekez@ji wrote:
Tokyo wrote:
Highest interest rates I can get around 0.25%


Which country are talking about?


Where we are fighting against deflation


kenya we are fighting inflation ... your country is?

Japan...no doubt

Interesting ... what are loan interest rate there?


Average interest rate on a mortgage is 1.8%....


Wow!!! Can kenya individual persons borrow from Japan? Is there any Kenyan bank giving JPY loans?
Tokyo
#42 Posted : Monday, August 19, 2013 11:18:11 AM
Rank: Veteran


Joined: 10/9/2006
Posts: 1,502
mwekez@ji wrote:
maka wrote:
mwekez@ji wrote:
maka wrote:
mwekez@ji wrote:
Tokyo wrote:
mwekez@ji wrote:
Tokyo wrote:
Highest interest rates I can get around 0.25%


Which country are talking about?


Where we are fighting against deflation


kenya we are fighting inflation ... your country is?

Japan...no doubt

Interesting ... what are loan interest rate there?


Average interest rate on a mortgage is 1.8%....


Wow!!! Can kenya individual persons borrow from Japan? Is there any Kenyan bank giving JPY loans?


Japan mortgage is about 1.9% for a Max 35yrs loan.

We got many categories of loans. But upto about kshs 3M can get unsecured. What's needed only a stable employment or other genuine source of finance. Interest 2.3-3.9%.
For a Kenyan to qualify , you must be a financially stable legal resident.
If you are qualified , it's as easy as kupata mboga marigiti
work to prosper
mwekez@ji
#43 Posted : Monday, August 19, 2013 11:29:23 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Tokyo wrote:
mwekez@ji wrote:
maka wrote:
mwekez@ji wrote:
maka wrote:
mwekez@ji wrote:
Tokyo wrote:
mwekez@ji wrote:
Tokyo wrote:
Highest interest rates I can get around 0.25%


Which country are talking about?


Where we are fighting against deflation


kenya we are fighting inflation ... your country is?

Japan...no doubt

Interesting ... what are loan interest rate there?


Average interest rate on a mortgage is 1.8%....


Wow!!! Can kenya individual persons borrow from Japan? Is there any Kenyan bank giving JPY loans?


Japan mortgage is about 1.9% for a Max 35yrs loan.

We got many categories of loans. But upto about kshs 3M can get unsecured. What's needed only a stable employment or other genuine source of finance. Interest 2.3-3.9%.
For a Kenyan to qualify , you must be a financially stable legal resident.
If you are qualified , it's as easy as kupata mboga marigiti


Being resident of Japan knocks out many Kenyans. ... Is there any Kenyan bank (in Kenya) giving the cheap JPY loans?
Tokyo
#44 Posted : Monday, August 19, 2013 11:42:34 AM
Rank: Veteran


Joined: 10/9/2006
Posts: 1,502
mwekez@ji wrote:
Tokyo wrote:
mwekez@ji wrote:
maka wrote:
mwekez@ji wrote:
maka wrote:
mwekez@ji wrote:
Tokyo wrote:
mwekez@ji wrote:
Tokyo wrote:
Highest interest rates I can get around 0.25%


Which country are talking about?


Where we are fighting against deflation


kenya we are fighting inflation ... your country is?

Japan...no doubt

Interesting ... what are loan interest rate there?


Average interest rate on a mortgage is 1.8%....


Wow!!! Can kenya individual persons borrow from Japan? Is there any Kenyan bank giving JPY loans?


Japan mortgage is about 1.9% for a Max 35yrs loan.

We got many categories of loans. But upto about kshs 3M can get unsecured. What's needed only a stable employment or other genuine source of finance. Interest 2.3-3.9%.
For a Kenyan to qualify , you must be a financially stable legal resident.
If you are qualified , it's as easy as kupata mboga marigiti


Being resident of Japan knocks out many Kenyans. ... Is there any Kenyan bank (in Kenya) giving the cheap JPY loans?


No
work to prosper
mwekez@ji
#45 Posted : Monday, August 19, 2013 11:51:53 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Tokyo wrote:
mwekez@ji wrote:
Tokyo wrote:
mwekez@ji wrote:
maka wrote:
mwekez@ji wrote:
maka wrote:
mwekez@ji wrote:
Tokyo wrote:
mwekez@ji wrote:
Tokyo wrote:
Highest interest rates I can get around 0.25%


Which country are talking about?


Where we are fighting against deflation


kenya we are fighting inflation ... your country is?

Japan...no doubt

Interesting ... what are loan interest rate there?


Average interest rate on a mortgage is 1.8%....


Wow!!! Can kenya individual persons borrow from Japan? Is there any Kenyan bank giving JPY loans?


Japan mortgage is about 1.9% for a Max 35yrs loan.

We got many categories of loans. But upto about kshs 3M can get unsecured. What's needed only a stable employment or other genuine source of finance. Interest 2.3-3.9%.
For a Kenyan to qualify , you must be a financially stable legal resident.
If you are qualified , it's as easy as kupata mboga marigiti


Being resident of Japan knocks out many Kenyans. ... Is there any Kenyan bank (in Kenya) giving the cheap JPY loans?


No


Sad
Tokyo
#46 Posted : Monday, August 19, 2013 2:40:06 PM
Rank: Veteran


Joined: 10/9/2006
Posts: 1,502
mwekez@ji wrote:
Tokyo wrote:
mwekez@ji wrote:
Tokyo wrote:
mwekez@ji wrote:
maka wrote:
mwekez@ji wrote:
maka wrote:
mwekez@ji wrote:
Tokyo wrote:
mwekez@ji wrote:
Tokyo wrote:
Highest interest rates I can get around 0.25%


Which country are talking about?


Where we are fighting against deflation


kenya we are fighting inflation ... your country is?

Japan...no doubt

Interesting ... what are loan interest rate there?


Average interest rate on a mortgage is 1.8%....


Wow!!! Can kenya individual persons borrow from Japan? Is there any Kenyan bank giving JPY loans?


Japan mortgage is about 1.9% for a Max 35yrs loan.

We got many categories of loans. But upto about kshs 3M can get unsecured. What's needed only a stable employment or other genuine source of finance. Interest 2.3-3.9%.
For a Kenyan to qualify , you must be a financially stable legal resident.
If you are qualified , it's as easy as kupata mboga marigiti


Being resident of Japan knocks out many Kenyans. ... Is there any Kenyan bank (in Kenya) giving the cheap JPY loans?


No


Sad



Alternatively , if you can get somebody trusted and can qualify for Japanese loan, might be best solution
work to prosper
maka
#47 Posted : Monday, August 19, 2013 2:43:50 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Tokyo wrote:
mwekez@ji wrote:
Tokyo wrote:
mwekez@ji wrote:
Tokyo wrote:
mwekez@ji wrote:
maka wrote:
mwekez@ji wrote:
maka wrote:
mwekez@ji wrote:
Tokyo wrote:
mwekez@ji wrote:
Tokyo wrote:
Highest interest rates I can get around 0.25%


Which country are talking about?


Where we are fighting against deflation


kenya we are fighting inflation ... your country is?

Japan...no doubt

Interesting ... what are loan interest rate there?


Average interest rate on a mortgage is 1.8%....


Wow!!! Can kenya individual persons borrow from Japan? Is there any Kenyan bank giving JPY loans?


Japan mortgage is about 1.9% for a Max 35yrs loan.

We got many categories of loans. But upto about kshs 3M can get unsecured. What's needed only a stable employment or other genuine source of finance. Interest 2.3-3.9%.
For a Kenyan to qualify , you must be a financially stable legal resident.
If you are qualified , it's as easy as kupata mboga marigiti


Being resident of Japan knocks out many Kenyans. ... Is there any Kenyan bank (in Kenya) giving the cheap JPY loans?


No


Sad



Alternatively , if you can get somebody trusted and can qualify for Japanese loan, might be best solution

Excellent opportunity for fixed income arbitrage @Tokyo c i talk to you nicely...we split 60-40...
possunt quia posse videntur
Tokyo
#48 Posted : Tuesday, August 20, 2013 3:14:36 AM
Rank: Veteran


Joined: 10/9/2006
Posts: 1,502
maka wrote:
Tokyo wrote:
mwekez@ji wrote:
Tokyo wrote:
mwekez@ji wrote:
Tokyo wrote:
mwekez@ji wrote:
maka wrote:
mwekez@ji wrote:
maka wrote:
mwekez@ji wrote:
Tokyo wrote:
mwekez@ji wrote:
Tokyo wrote:
Highest interest rates I can get around 0.25%


Which country are talking about?


Where we are fighting against deflation


kenya we are fighting inflation ... your country is?

Japan...no doubt

Interesting ... what are loan interest rate there?


Average interest rate on a mortgage is 1.8%....


Wow!!! Can kenya individual persons borrow from Japan? Is there any Kenyan bank giving JPY loans?


Japan mortgage is about 1.9% for a Max 35yrs loan.

We got many categories of loans. But upto about kshs 3M can get unsecured. What's needed only a stable employment or other genuine source of finance. Interest 2.3-3.9%.
For a Kenyan to qualify , you must be a financially stable legal resident.
If you are qualified , it's as easy as kupata mboga marigiti


Being resident of Japan knocks out many Kenyans. ... Is there any Kenyan bank (in Kenya) giving the cheap JPY loans?


No


Sad



Alternatively , if you can get somebody trusted and can qualify for Japanese loan, might be best solution

Excellent opportunity for fixed income arbitrage @Tokyo c i talk to you nicely...we split 60-40...


Haiya @maka
work to prosper
Gordon Gekko
#49 Posted : Friday, November 08, 2013 7:51:03 AM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
My memory fails me, but I seem to remember EAPC once took a yen denominated loan which nearly brought it to its kneesd'oh!
mwekez@ji
#50 Posted : Friday, November 08, 2013 8:56:47 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Gordon Gekko wrote:
My memory fails me, but I seem to remember EAPC once took a yen denominated loan which nearly brought it to its kneesd'oh!


When did they borrow the yen loan?

.........................................

FY06 Fx gain; Kes. 308.2M
FY07 Fx gain; Kes. 307.3M
FY08 Fx loss; Kes. 414.4M
FY09 Fx loss; Kes. 921.2M
FY10 Fx loss; Kes. 533.7M
FY11 Fx loss; Kes. 655.9M
FY12 Fx loss; Kes. 61.5M
FY13 Fx gain; Kes. 594.1M

Sad smile A very cheap loan though at 2.5% interest rate compared to kenya loans at 18% and a high of 24% last year
Siringi
#51 Posted : Saturday, November 09, 2013 6:47:55 AM
Rank: Elder


Joined: 6/8/2013
Posts: 2,517
mwekez@ji wrote:
Gordon Gekko wrote:
My memory fails me, but I seem to remember EAPC once took a yen denominated loan which nearly brought it to its kneesd'oh!


When did they borrow the yen loan?

.........................................

FY06 Fx gain; Kes. 308.2M
FY07 Fx gain; Kes. 307.3M
FY08 Fx loss; Kes. 414.4M
FY09 Fx loss; Kes. 921.2M
FY10 Fx loss; Kes. 533.7M
FY11 Fx loss; Kes. 655.9M
FY12 Fx loss; Kes. 61.5M
FY13 Fx gain; Kes. 594.1M

Sad smile A very cheap loan though at 2.5% interest rate compared to kenya loans at 18% and a high of 24% last year



Rink ===> come here=>Portland-swaps-yen-loans-for-dollars

"๐Ÿ˜–๐Ÿ˜กKQ makes money for everyone except the shareholder ๐Ÿ˜๐Ÿ˜ " overheard in Wazua
ayushnehra
#52 Posted : Tuesday, January 13, 2015 7:22:09 PM
Rank: Member


Joined: 1/4/2015
Posts: 153
shiku550 wrote:
HI

Anyone with info on the best current fixed deposit rates. Faulu is offering 8%/ 6months for 500,000-1M.

Located in afghan and looking for more concrete and current information. Please Help!!!!!


check out Bank of Baroda. I know of people they have given 9% also check out the following banks in Uganda..I understand there is currency risk but for 350K + you are looking at 10%+ for 6 months..Ideal don't you think..!

11%
https://www.cranebanklim...-deposit#s5_scrolltotop

10-10.5%
http://www.bankofbaroda.ug/interstRate.php

hope i helped
Dreams are not the thing you see in your sleep..it's the thing that doesn't let you sleep. - A.P.J. Abdul Kalam
kivairu
#53 Posted : Thursday, January 15, 2015 6:45:51 PM
Rank: Member


Joined: 3/5/2008
Posts: 532
Location: Nairobi
Impunity wrote:
maka wrote:
newfarer wrote:
BARCLAYS 2.25% p.afor 300,000 for 6 months.
thieves. afadhali 2% kwa mshwari.

try faulu and report back


Can buy u a bottle of Jameson after six months tho...Laughing out loudly


Before tax, that is!
Shame on you



waah!. I need time to collect my jaw from the floor!

Strive not to be a success, but rather to be of value. โ€“Albert Einstein.
chiaroscuro
#54 Posted : Friday, January 30, 2015 8:23:11 AM
Rank: Veteran


Joined: 2/2/2012
Posts: 1,134
Location: Nairobi
kivairu wrote:
Impunity wrote:
maka wrote:
newfarer wrote:
BARCLAYS 2.25% p.afor 300,000 for 6 months.
thieves. afadhali 2% kwa mshwari.

try faulu and report back


Can buy u a bottle of Jameson after six months tho...Laughing out loudly


Before tax, that is!
Shame on you



waah!. I need time to collect my jaw from the floor!



I&M Bank paying 7.5%pa for 50k - 1m for one month, 8.5% for 3months..... https://www.imbank.com/business/interest-rates/
Kihara joni
#55 Posted : Friday, January 30, 2015 9:36:50 AM
Rank: Member


Joined: 5/8/2013
Posts: 386
Location: Nyali mombasa
chiaroscuro wrote:
kivairu wrote:
Impunity wrote:
maka wrote:
[quote=newfarer]BARCLAYS 2.25% p.afor 300,000 for 6 months.
thieves. afadhali 2% kwa mshwari.

try faulu and report back


Can buy u a bottle of Jameson after six months tho...Laughing out loudly


Before tax, that is!
Shame on you



waah!. I need time to collect my jaw from the floor!



I&M Bank paying 7.5%pa for 50k - 1m for one month, 8.5% for 3months..... https://www.imbank.com/business/interest-rates/[/quote]
Eh? Eh? Eh? Eh? Eh? 2.25% even cfc pure save account pays me 5% P.A for my savings , they told me for fixed deposits depends on the amount the more the higher the rate, and if you deposit more than 500m you say how much you want hehhe
TheGeek
#56 Posted : Monday, October 12, 2015 1:52:24 PM
Rank: Member


Joined: 7/3/2014
Posts: 245
Suppose you have 1.25m that you want to use to backup a loan of 1.0m.
What options are in the market ?
In the world of securities, courage and patience become the supreme virtues after adequate knowledge and a tested judgment are at hand.
FRM2011
#57 Posted : Monday, October 12, 2015 2:24:20 PM
Rank: Elder


Joined: 11/5/2010
Posts: 2,459
TheGeek wrote:
Suppose you have 1.25m that you want to use to backup a loan of 1.0m.
What options are in the market ?


Walk to faulu And you will never regret. No other bank can even come close. The trick is to fix the amount for a period longer than 12 months. You can get 14%. Thank me later.

The other advantage where faulu beats the others hands down is when borrowing against a fixed deposit. You fill in an application form, they give you a letter of offer on the spot and you have your money.

One of the top 5, refused to lend against a fixed deposit arguing that they do not lend against security but to a viable business that can be able to repay back. I closed my account on the spot.
Bigchick
#58 Posted : Thursday, October 15, 2015 8:05:27 PM
Rank: Elder


Joined: 2/8/2013
Posts: 4,068
Location: At Large.
FRM2011 wrote:
TheGeek wrote:
Suppose you have 1.25m that you want to use to backup a loan of 1.0m.
What options are in the market ?


Walk to faulu And you will never regret. No other bank can even come close. The trick is to fix the amount for a period longer than 12 months. You can get 14%. Thank me later.

The other advantage where faulu beats the others hands down is when borrowing against a fixed deposit. You fill in an application form, they give you a letter of offer on the spot and you have your money.

One of the top 5, refused to lend against a fixed deposit arguing that they do not lend against security but to a viable business that can be able to repay back. I closed my account on the spot.


Know ye all men and women

That MFIs are not covered under the Deposit Protection Fund.

Be advised too that the higher the interest rate offered the more likely the institution is in liquidity crisis and is willing to pay anything to get your cash.

Remember Imperial with 15% return on the bond!
Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
Impunity
#59 Posted : Saturday, October 17, 2015 1:36:57 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
Bigchick wrote:
FRM2011 wrote:
TheGeek wrote:
Suppose you have 1.25m that you want to use to backup a loan of 1.0m.
What options are in the market ?


Walk to faulu And you will never regret. No other bank can even come close. The trick is to fix the amount for a period longer than 12 months. You can get 14%. Thank me later.

The other advantage where faulu beats the others hands down is when borrowing against a fixed deposit. You fill in an application form, they give you a letter of offer on the spot and you have your money.

One of the top 5, refused to lend against a fixed deposit arguing that they do not lend against security but to a viable business that can be able to repay back. I closed my account on the spot.


Know ye all men and women

That MFIs are not covered under the Deposit Protection Fund.

Be advised too that the higher the interest rate offered the more likely the institution is in liquidity crisis and is willing to pay anything to get your cash.

Remember Imperial with 15% return on the bond!

I normally do Faulu on a 7 monthly deposit but tega my sikio kweli kweli,anything small and I take my deposit and forfeit the interest...so far so good.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

maka
#60 Posted : Sunday, October 18, 2015 7:27:48 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Impunity wrote:
Bigchick wrote:
FRM2011 wrote:
TheGeek wrote:
Suppose you have 1.25m that you want to use to backup a loan of 1.0m.
What options are in the market ?


Walk to faulu And you will never regret. No other bank can even come close. The trick is to fix the amount for a period longer than 12 months. You can get 14%. Thank me later.

The other advantage where faulu beats the others hands down is when borrowing against a fixed deposit. You fill in an application form, they give you a letter of offer on the spot and you have your money.

One of the top 5, refused to lend against a fixed deposit arguing that they do not lend against security but to a viable business that can be able to repay back. I closed my account on the spot.


Know ye all men and women

That MFIs are not covered under the Deposit Protection Fund.

Be advised too that the higher the interest rate offered the more likely the institution is in liquidity crisis and is willing to pay anything to get your cash.

Remember Imperial with 15% return on the bond!

I normally do Faulu on a 7 monthly deposit but tega my sikio kweli kweli,anything small and I take my deposit and forfeit the interest...so far so good.


Talk to coop trust or cytonn..current rates are above 21% p.a (23% with 2% management fees and 21.75% respectively)..and @impunity is right be in the know about the Co. listen to each and every little news that chomokaz...and I prefer doing shorter dated periods 3 months to be precise.
possunt quia posse videntur
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