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First Bank Implements 2%, 3% Interest Rates On Fixed Deposits - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / First Bank Implements 2%, 3% Interest Rates On Fixed Deposits (1978 Views)

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First Bank Implements 2%, 3% Interest Rates On Fixed Deposits by wirelessssss(m): 9:26am On Nov 20, 2015
Fixed Deposit investment has become very unattractive. Does this apply to other banks? Wat other options for investment are available my pipu
Re: First Bank Implements 2%, 3% Interest Rates On Fixed Deposits by wirelessssss(m): 9:38am On Nov 20, 2015
be like no one is into FD investment again o. undecided
Re: First Bank Implements 2%, 3% Interest Rates On Fixed Deposits by moderation2020: 9:48am On Nov 20, 2015
7% per month, minimum investment is 100k. if your interested call me up

1 Like

Re: First Bank Implements 2%, 3% Interest Rates On Fixed Deposits by wirelessssss(m): 9:59am On Nov 20, 2015
moderation2020:
7% per month, minimum investment is 100k. if your interested call me up
where u@? are you into
Re: First Bank Implements 2%, 3% Interest Rates On Fixed Deposits by moderation2020: 9:43pm On Nov 20, 2015
wirelessssss:
where u@? are you into
am in enugu

Re: First Bank Implements 2%, 3% Interest Rates On Fixed Deposits by mozel247: 9:45pm On Nov 20, 2015
419

2 Likes

Re: First Bank Implements 2%, 3% Interest Rates On Fixed Deposits by moderation2020: 9:52pm On Nov 20, 2015
mozel247:
419

if am 419 let my die prematurely, but if am not I pray u die prematurely, rubbish
Re: First Bank Implements 2%, 3% Interest Rates On Fixed Deposits by mozel247: 11:25am On Nov 25, 2015
U Don die finish na. U think say u dey alive..

Go get a life

moderation2020:


if am 419 let my die prematurely, but if am not I pray u die prematurely, rubbish

2 Likes

Re: First Bank Implements 2%, 3% Interest Rates On Fixed Deposits by moderation2020: 10:03pm On Nov 25, 2015
mozel247:
U Don die finish na. U think say u dey alive..

Go get a life


Not your fault, you don't have home training because you weren't brought up in a home, I think you grew up in a house with a divorced prostitute you called a mother
Re: First Bank Implements 2%, 3% Interest Rates On Fixed Deposits by grownaira: 7:28am On Nov 27, 2015
wirelessssss:
Fixed Deposit investment has become very unattractive. Does this apply to other banks? Wat other options for investment are available my pipu

20% of your invested sum, paid quarterly into your account.

Business type: Edible Oil production.

Location: Kaduna.
Re: First Bank Implements 2%, 3% Interest Rates On Fixed Deposits by mozel247: 5:53pm On Dec 01, 2015
See this miscreant... So for ur mind now u have a home... Grown up idiots like this still proud of mummy's home... Is a pity u had refuse to g row and build urs.. BTW is gonna b a miracle for ur mummy to attain the level of mine and that is if she still got a life...

I weep for ur age still boasting about mummy's home


moderation2020:


Not your fault, you don't have home training because you weren't brought up in a home, I think you grew up in a house with a divorced prostitute you called a mother
Re: First Bank Implements 2%, 3% Interest Rates On Fixed Deposits by moderation2020: 3:02pm On Dec 02, 2015
mozel247:
See this miscreant... So for ur mind now u have a home... Grown up idiots like this still proud of mummy's home... Is a pity u had refuse to g row and build urs.. BTW is gonna b a miracle for ur mummy to attain the level of mine and that is if she still got a life...

I weep for ur age still boasting about mummy's home


personally I can feed your for life, you son of perdition. lost foooool
Re: First Bank Implements 2%, 3% Interest Rates On Fixed Deposits by Nobody: 3:11pm On Dec 02, 2015
Diamond bank Is 3.3%
Re: First Bank Implements 2%, 3% Interest Rates On Fixed Deposits by Bevista: 3:17pm On Dec 02, 2015
liberty300:
Diamond bank Is 3.3%
It doesn't make sense. Why would a bank pay less than inflation rate? It defies basic economics & finance theory.
Re: First Bank Implements 2%, 3% Interest Rates On Fixed Deposits by Nobody: 4:49pm On Dec 02, 2015
Bevista:
It doesn't make sense. Why would a bank pay less than inflation rate? It defies basic economics & finance theory.
what are you asking me for? Ask Buhari supporters, they're the ones that got us into this mess in the first place
Re: First Bank Implements 2%, 3% Interest Rates On Fixed Deposits by Bevista: 7:47pm On Dec 02, 2015
liberty300:
what are you asking me for? Ask Buhari supporters, they're the ones that got us into this mess in the first place
Well, I am one of them but I still do not understand how I got you into this. A lower deposit rate should translate to a lower borrowing rate which should be positive for business and the economy.

My concern is that deposit rates are usually not lower than inflation rate, else folks are not going deposit their funds with the bank. This is economics pal, so you can ignore your political bias for now.

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