Investment Banking
- Artful Dodger
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- Location: Cambodia and Vietnam
Investment Banking
While I probably can take the painstaking and time consuming endeavor of roaming about inquiring of different banking options to obtain the information, perhaps some of you already know the answer.
Which banks in Cambodia pay the best interest rates on term deposits?
My investments in Vietnam banks were greatly beneficial when I first began quite some years ago with some paying interest rates of greater than 15%,..... those days are gone and interest rates have dropped now to below 9%. I am now looking for maybe better value in Cambodia investment banking.
Which banks in Cambodia pay the best interest rates on term deposits?
My investments in Vietnam banks were greatly beneficial when I first began quite some years ago with some paying interest rates of greater than 15%,..... those days are gone and interest rates have dropped now to below 9%. I am now looking for maybe better value in Cambodia investment banking.
Water quenches the thirst, alcohol releases the truth.
- bolueeleh
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Re: Investment Banking
which currency are you referring to? USD or KHR? also u cant compare vietnam to cambodia, 15% 8 years ago was VND TD, TD of banks are set according to what currencies they are lacking, i.e. if the banks operating in cambodia are lacking KHR then they would set KHR TD at higher interest rates to attract KHR deposits, example right now, about 4% to 5% for a 1 year TD, whereas USD TD is 3% to 4% for 1 year, microfinance institutes are higher about 7% to 9% for KHR 1 year TD.
hope it answer your question, for more accurate rates, take a walk around the banks, TD rates are plastered all over the place
hope it answer your question, for more accurate rates, take a walk around the banks, TD rates are plastered all over the place
Money is not the problem, the problem is no money
Re: Investment Banking
high int rates in vietnam due to vnd declining in value significantly
what you gain on the int rate youwould have lost on the declining vnd exchange rate
what you gain on the int rate youwould have lost on the declining vnd exchange rate
thru shit to more shit
- bolueeleh
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Re: Investment Banking
VND devaluating is the side effect, the main reason is viet saw china success in mixing socialism with capitalism so in the 2000s (maybe earlier, need more research) started their own capitalism drive, which in turn needs lots foreign capital and at the same time softening their currency for making it look attractive for foreign investment
Money is not the problem, the problem is no money
Re: Investment Banking
The time is coming when the Cambodian Riel will devalue, and people with deposits in Riel will lose money. I can't tell you when.
Only use US dollars.
If you have large a amount of money, keep it in a western country.
Only use US dollars.
If you have large a amount of money, keep it in a western country.
## I thought I knew all the answers, but they changed all the questions. ##
- frank lee bent
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Re: Investment Banking
highly unlikely given the tight historic coupling with usd and dual currency deployed in KoW
- that genius
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Re: Investment Banking
People have been saying that since 2000.
They've also been saying that the property bubble will burst for between 5-10 years.
Neither has happened.
The mistake western economists frequently make is they base predictions on western rules and logic, neither of which apply here.
Western rules/logic don't apply, listen to what Asians are saying.
Re: Investment Banking
why don't you ask the Jews.. since your so hung up on that shit...lolArtful Dodger wrote: ↑Tue Apr 17, 2018 4:34 am While I probably can take the painstaking and time consuming endeavor of roaming about inquiring of different banking options to obtain the information, perhaps some of you already know the answer.
Which banks in Cambodia pay the best interest rates on term deposits?
My investments in Vietnam banks were greatly beneficial when I first began quite some years ago with some paying interest rates of greater than 15%,..... those days are gone and interest rates have dropped now to below 9%. I am now looking for maybe better value in Cambodia investment banking.
Manhattan keeps on making it, Brooklyn keeps on taking it
- frank lee bent
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Re: Investment Banking
my great gran was a yid. meh, makes me one too maybe?
austro hungarian
she thought it was complete bullshit
milked 20 cows until age 78
austro hungarian
she thought it was complete bullshit
milked 20 cows until age 78
Re: Investment Banking
relating to Mr. Dodger
Manhattan keeps on making it, Brooklyn keeps on taking it
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