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Which Bank Pays More On Fixed Deposit. - Investment - Nairaland

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Which Bank Pays More On Fixed Deposit. by mekaboy(m): 5:17pm On Mar 30, 2016
Which bank pays the highest on fixed deposit? What is their rate for now?
Re: Which Bank Pays More On Fixed Deposit. by Chukzyfcb(m): 5:20pm On Mar 30, 2016
Ecobank and FCMB will pay between 5-6%
Diamond bank will pay 6.5% for 1million & above.
For now. These are the ones I know
#avoid UBA, Zenith or firstbank. Their rates are below par. It seems they have enough liquidity to run their biz!

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Re: Which Bank Pays More On Fixed Deposit. by ogawisdom(m): 6:06pm On Mar 30, 2016
Chukzyfcb:
Ecobank and FCMB will pay between 5-6%
Diamond bank will pay 6.5% for 1million & above.
For now. These are the ones I know
#avoid UBA, Zenith or firstbank. Their rates are below par. It seems they have enough liquidity to run their biz!

First bank pays 3.6% on ordinary savings acct, am sure they will pay up to 8% on 500k fixed deposit of up to 90days
Re: Which Bank Pays More On Fixed Deposit. by Chukzyfcb(m): 6:21pm On Mar 30, 2016
ogawisdom:


First bank pays 3.6% on ordinary savings acct, am sure they will pay up to 8% on 500k fixed deposit of up to 90days
I doubt bro, as of februray they offered 3.5% . Now that cbn offered a new monetary policy, bank fd rates are beginning to spike up. But 8% impossible.

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Re: Which Bank Pays More On Fixed Deposit. by mekaboy(m): 10:35pm On Mar 30, 2016
ogawisdom:


First bank pays 3.6% on ordinary savings acct, am sure they will pay up to 8% on 500k fixed deposit of up to 90days

I will wait till the end of this month to knowhow much interest first bank will pay me on my savings account.
Re: Which Bank Pays More On Fixed Deposit. by ideology(m): 12:42am On Mar 31, 2016
mekaboy:
Which bank pays the highest on fixed deposit? What is their rate for now?
do people still do fixed deposits when they are a lot of business opportunities to invest and triple the money within few months, nawaooo, guy pm Me asap …
Re: Which Bank Pays More On Fixed Deposit. by Nobody: 1:17pm On Mar 31, 2016
Present fixed deposit rate is discouraging....just yesterday my account officer was still telling me stanbic bank still remain at 3.6.
Please, you visit your bank, kindly update us with the current rate.
Also i read this few days ago. Please whats the implications for treasury bills

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