Wazua
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fixed deposit rates
Rank: Member Joined: 11/10/2010 Posts: 281 Location: Nairobi
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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 ?
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Rank: Veteran Joined: 12/23/2010 Posts: 1,229
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Rank: New-farer Joined: 1/9/2012 Posts: 23
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old mutual money market, 12%.
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Rank: Member Joined: 9/23/2011 Posts: 175 Location: Nairobi
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You could negotiate for a rate higher than 5% with CFC-STANBIC BANK.
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Rank: Member Joined: 10/14/2011 Posts: 661
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For Sport wrote:Central Bank of Kenya
Yes, CBK –Risk free
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Rank: Veteran Joined: 11/19/2010 Posts: 1,308 Location: nairobi metropolitan
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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
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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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.
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Rank: Member Joined: 2/25/2010 Posts: 158
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Try CIC Money Market Fund.Daily rates fractuate between 13 to 18 %. I think this is good. Keeping it all in the family
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Rank: Hello Joined: 5/8/2012 Posts: 3
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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.
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Rank: Member Joined: 9/12/2009 Posts: 312
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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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