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Sri Lanka Equity Forum » Stock Market Talk » Commercial bank fixed deposit rates come down

Commercial bank fixed deposit rates come down

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1 Commercial bank fixed deposit rates come down on Fri Jan 18, 2013 1:08 pm

zenobia


Manager - Equity Analytics
Manager - Equity Analytics
i was monitoring their fixed deposit interest rates during the past couple of months and the today's rates are less than what i saw in their website a few days ago.
are there other banks who reduced their interest rates?

wiki


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@zenobia wrote:i was monitoring their fixed deposit interest rates during the past couple of months and the today's rates are less than what i saw in their website a few days ago.
are there other banks who reduced their interest rates?

What is the current FD rate of COMB and how much it has reduced

zenobia


Manager - Equity Analytics
Manager - Equity Analytics
three month rate 13.5% to 12.5%
five year rate (if i remember correctly,) from 16% to 13.75%

wiki


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
thanks

Antonym

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@zenobia wrote:three month rate 13.5% to 12.5%
five year rate (if i remember correctly,) from 16% to 13.75%
I have been watching the rates on Commercial Bank's website, wondering when the lower interest rates would affect retail customers; this change must have happened just today.

Commercial Bank's 6-month FD interest rate has been reduced from 14% to 13% p.a.

WildBear


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Have they reduced the lending rates too in a same efficient manner?

Antonym

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@Antonym wrote:
@zenobia wrote:three month rate 13.5% to 12.5%
five year rate (if i remember correctly,) from 16% to 13.75%
I have been watching the rates on Commercial Bank's website, wondering when the lower interest rates would affect retail customers; this change must have happened just today.

Commercial Bank's 6-month FD interest rate has been reduced from 14% to 13% p.a.
In January 2013, the 6-month FD interest rate offered by Commercial Bank was 13% p.a.
Currently, it is 5.25% p.a.

The highest APR is 6.4%.
http://www.combank.net/newweb/rates-tariffs/interest-rates?t=FXDP

fern


Stock Trader
Can someone share the current FD rates at banks and finance companies . Who is the safest and highest interest rate . Thank you

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