Higher Returns With UOB Deposit

November 18th, 2008 8:01 AM by Banking88

Almost every bank now is advertising higher interest rates to woo depositers. And now it’s UOB’s turn. They are now offering 3.55% for 5 months fixed deposit and 5.90% for 1 month New Zealand Dollar foreign currency deposit.

Again, you have to read the fine prints to get the full picture…

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Maybank Al-Sayf Structured Islamic Deposit - Commodities Investment

November 14th, 2008 1:57 AM by Banking88

Financial products in Malaysia are really getting more sophisticated. Maybank has introduced a structured deposit cum investment product. Structured investment is a form of investment that can potentially bring about higher returns compared to fixed deposits. But as we all know, risk and return always goes hand in hand. Hence, structured investment also comes with higher risks.

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