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Have You Ever Took A Moment To Think Why Banks Don’t Offer More Than 12% To 14% - Investment - Nairaland

Nairaland ForumNairaland GeneralInvestmentHave You Ever Took A Moment To Think Why Banks Don’t Offer More Than 12% To 14% (889 Views)

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Have You Ever Took A Moment To Think Why Banks Don’t Offer More Than 12% To 14% by teeluv(op):
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Re: Have You Ever Took A Moment To Think Why Banks Don’t Offer More Than 12% To 14% by writetopoker: 1:17pm On Jun 08, 2016
teeluv:
Some bank staffs were asked “what interest percentage is reasonable for an investment target?” 85% said 25 to 30% depending on the nature of business. Majority of them said 30% is not just achievable, it is also sustainable. …That’s why banks will give out 8% to 14% interest and hold on to the rest.

But you can actually earn 30% monthly which means if you have 20,000 Naira, you can make 10,000,000 Naira in 2 years with 30% monthly compound interest. …..Hummm! Can that be true? Yes, if you know what to do, where to do it and how.

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Re: Have You Ever Took A Moment To Think Why Banks Don’t Offer More Than 12% To 14% by teeluv(op):
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Re: Have You Ever Took A Moment To Think Why Banks Don’t Offer More Than 12% To 14% by winnerjoy: 11:13am On Jun 09, 2016
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