Do show us something amazing like the MACH one !

Unker goat, you should also show hand also. How can expect Unker Lim to show hand when you never show hand?

http://www.enanyang.my/news/20151229/%E9%9...90%B8%E8%B5%84/

sorry to those cant read chinese

in short the news article mentions escalating loan-to-deposit ratio, where 6 banks are with ratio above the 90% usual comfort level - mbb, ammb, cimb, rhb, affin and pbb

that explains why banks are deposit hungry lately..

Hopefully that will drive the FD rate up ! Next Monday need some action ! Not sure if can see CNY promo by the Monday !

how about you hnws? show your hand also la! dun be like a ninja, hiding!

Straight up to Affin Bank for enquiry as promo ends 31/12

One of the local newspapers mentioned today banks are short of fund for loan, competing for FD. Looks like the rate may go up in Jan. This is purely banks competition but in the near immediate term, I still think BNM will need to reduce rate to boost the slowing down of economy. GDP next year projected 4-4.5% down from current 6+%, currency expect to drop further to 4.5 to 4.9 range due to dropping oil prices, political scandal, high national and household debt. Property sector would expect to face near zero growth next year.

Abit takut ad.. maybe need diversify to euro usd or chf ad...

The HLB 4.5% is it a step up FD for the same for the whole tenure?

It's 4.5% pure FD for 6 months.

Exchange rate to 4.5-4.9 range !! That is bad for those that need to buy USD !! I bought at 3.96 in mid Aug. I just hope it will be stable at 4.2-4.3 region, still high but stable at that level. But looks like a lot of factors influencing the rate.

This post has been edited by bbgoat: Dec 30 2015, 02:51 PM

Since when 4.9? I just did my online US shopping, it's is only about 4.4.

Friend, u better read posts carefully before just shoot out your emails !

Still shoot too fast !!!

As a student, how did u get by your study, by not understanding what is being expressed ?

This post has been edited by bbgoat: Dec 30 2015, 02:54 PM

You said exchange rates. Current market exchange rate is about 4.3. Banks will usually charge extra 0.1-0.3 extra to make money.

Anyway, I recommend you to deposit in USD for your kids education fees as it's about to go higher next year (fed wants to increase the rates until 1.25%. Oil is going lower.). Better than putting FD (hedging the USD)

Anyway, this should be discussed in the USD/MYR thread.
https://forum.lowyat.net/topic/3793092

Friend, still no die attitude. If u are wrong, just admit it. Don't change the subject. And don't give me advice, save your breadth !

Go read gsc's comment first. My reply is regarding his comment. How come u can never understand people's post ??

I think u miss out below:
As a student, how did u get by your study, by not understanding what is being expressed ?

This post has been edited by bbgoat: Dec 30 2015, 03:03 PM

You reply him without quoting. So didn't know you were replying him. Later only you quote. so partially my fault. Anyway, let's stop here.

My reply is to anyone's post ? You have to read the post together with the one on top. If I make an independent post by itself, that will be different.

Your old habit still the same. Read carefully if u want to comment on people's post. Learn please !

"You reply him without quoting. So didn't know you were replying him."
You just read what I wrote and reply, how laughable !!! Did u see that I am replying to @gsc's post and attached his post on top ? Funny, boy !!

Now some more want to "share" the fault !!

This post has been edited by bbgoat: Dec 30 2015, 03:39 PM

Want to ask about RHB certificate based FD.
Can it be withdrawn from any other branch other than the home branch.
TIA.

u dun know unkle goat replying to @gsc?? u read blindly one!

last time olso mis-read unkle gsc's post and kena marah unkle gsc. this time again! in fact many times oreidy!

still available minimum fresh fund 10k.but the condition 80/20 percent mean 8k will be place 15mth 4.6% while 2k will be @ 4.1% for 2 mth. upon 2k maturity,u can withdraw after 2months.