Table of bank and MFI deposit rates?
Is Visionfund still ok?
I just noticed they had "only" $36M in deposit.
This seems to be the lowest from all the MFI banks,..... ????
I just noticed they had "only" $36M in deposit.
This seems to be the lowest from all the MFI banks,..... ????
It no longer exists. It was bought by Woori Bank http://m.phnompenhpost.com/business/sou ... visionfundsteevee wrote:Is Visionfund still ok?
I just noticed they had "only" $36M in deposit.
This seems to be the lowest from all the MFI banks,..... ????
Thanks for this link Rama,
I missed this one.
I was also happy to read in your link:
I also noticed that they opened a new head office.
Still I think I will have to follow what will happen in the future with this.
Perhaps it is safer for me to move out of Vision.
I missed this one.
I was also happy to read in your link:
So Vision fund assets went from $36M to $194M.The NBC’s annual supervisory report said the total assets of VisionFund (Cambodia) amounted to $194 million at the end of last year.
I also noticed that they opened a new head office.
Still I think I will have to follow what will happen in the future with this.
Perhaps it is safer for me to move out of Vision.
No. In bankspeak, giving out a loan creates an asset. Accepting a deposit creates a liability.steevee wrote:So Vision fund assets went from $36M to $194M.
The table I posted lists only the amount of actual deposits with the bank/MFI, not its "assets".
I see that the stock exchange is trying to attract companies to list on the exchange, including for issuing bonds. Let's say the bond rates are similar to these rates, who would be investing there? Certainly no wealthy Khmers, and it seems that expats with money are content enough with these MFI rates.
Is there any way in which one can easily trade shares here with an online account? I would possibly invest a few bucks if I could do so without moving by backside from my settee.amirite wrote:I see that the stock exchange is trying to attract companies to list on the exchange, including for issuing bonds. Let's say the bond rates are similar to these rates, who would be investing there? Certainly no wealthy Khmers, and it seems that expats with money are content enough with these MFI rates.
TheGrimReaper wrote: ↑Mon Sep 02, 2019 1:45 pmSlavedog, you do not belong on this forum as you talk too much sense.
This hasn't been updated in over a year
Where are the best deposits now?
Where are the best deposits now?
These are the ones I am sure of.
AMRET: 10% (+1%*)- KHR - 48 months - end of term *+1% promotion ends June 30th '12
KREDIT: 9.65%* - KHR - 36 months - e.o.t. * KREDIT will slash int. rates for all new accounts to 7.5% max. from July 1st
LOLC: 8.5% - USD - 36 months - e.o.t.
For monthly int. payment:
KREDIT: 8.75%* - KHR - 36 months *see above
LOLC: 8.15% - USD - 36 months
PRASAC is lower in rates and tops out at 8% for an end of term KHR or USD account running for 12 to 60 months.
AMK is offering up to 8.25% (KHR, 36 months, end of term) and 7.25% for USD and THB under same conditions. It's a full percentage point less for monthly int. payments (7.25% for KHR and 6.25% for USD and THB).
AMRET: 10% (+1%*)- KHR - 48 months - end of term *+1% promotion ends June 30th '12
KREDIT: 9.65%* - KHR - 36 months - e.o.t. * KREDIT will slash int. rates for all new accounts to 7.5% max. from July 1st
LOLC: 8.5% - USD - 36 months - e.o.t.
For monthly int. payment:
KREDIT: 8.75%* - KHR - 36 months *see above
LOLC: 8.15% - USD - 36 months
PRASAC is lower in rates and tops out at 8% for an end of term KHR or USD account running for 12 to 60 months.
AMK is offering up to 8.25% (KHR, 36 months, end of term) and 7.25% for USD and THB under same conditions. It's a full percentage point less for monthly int. payments (7.25% for KHR and 6.25% for USD and THB).
1
1
* should have read ends June 30th '20
Why did I think it was 2012
Why did I think it was 2012
Likewise, Kredit don't offer any term deposit savings accounts anymore. They no longer exists, they've been taken over by Phillip Bank and are offering much lower rates.
Do people think it still wise to invest at the moment?
that lolc website has got some serious issues
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