| 41. | Fixed deposit interest rates closely follow SIBOR, which is the cost of borrowing in between banks in Singapore.
|
| 42. | Still this was better than the average fixed deposit rate of 6.89 per cent offered by commercial banks.
|
| 43. | The Malaysian public is more used to the traditional modes of savings, for example fixed deposits and bonds.
|
| 44. | However, unit trusts have higher growth potential over the long term compared to insurance plans and fixed deposits.
|
| 45. | For yor fixed deposits, you will have to wait until maturity before you can take out your money.
|
| 46. | Assets in this category are cash, fixed deposits, EPF investments and insurance / endowment policies with cash returns.
|
| 47. | Three months ago, fixed deposit rates at local banks stood at 10 percent to 16 . 5 percent.
|
| 48. | Singapore Savings Bonds are offered by the Singapore Government as an alternative to Singapore Fixed Deposits for retail investors.
|
| 49. | Many banks do not allow customers to avail loans against amount in the FD component of Flexi Fixed Deposit.
|
| 50. | Singapore Fixed Deposits offer higher interest rates to depositors as compared to the basic savings or current deposit accounts.
|