TechnoFinance

Fixed deposits are a popular investment option for many people even in the Middle East region. They offer a safe and secure way to invest money and earn interest. In this article, we will take a look at some of the top Middle Eastern banks and the rates they offer in fixed deposits in 2023. Turkish Banks Akbank is one of the largest banks in Turkey and offers a range of fixed deposit options. The bank offers a minimum deposit of TRY 1,000 with a term of 1 month to 1 year. The interest rates range from 1.25% to 3.50% depending on the term of the deposit. Garanti BBVA is another popular bank in Turkey that offers fixed deposit options. The bank offers a minimum deposit of TRY 1,000 with a term of 1 month to 1 year. The interest rates range from 1.25% to 3.50% depending on the term of the deposit. Iranian Banks Bank Melli Iran is the largest bank in Iran and offers a range of fixed deposit options. The bank offers a minimum deposit of IRR 10,000,000 with a term of 1 month to 1 year. Th...

Central Asian and Caucasian banks have been growing in popularity in recent years because they offer higher interest rates than other banks in other regions, with many investors looking to diversify their portfolios and take advantage of the high-interest rates offered by these banks. In this article, we will take a closer look at the different banks in the region and the rates they offer in fixed deposits in 2023. Russian Banks Russia is home to some of the largest banks in the region, including Sberbank , VTB Bank , and Gazprombank . These banks offer a range of fixed deposit options with varying interest rates. For example, Sberbank offers a 1-year fixed deposit with an interest rate of 5.5%, while VTB Bank offers a 1-year fixed deposit with an interest rate of 5.75%. Gazprombank offers a 1-year fixed deposit with an interest rate of 5.25%. Georgian Banks Georgia has a growing banking sector, with several banks offering competitive interest rates on fixed deposits. TBC Bank , Bank o...

Fixed deposits are a popular investment option for many people in Asia. They offer a safe and secure way to earn interest on your savings, with a guaranteed return on your investment. In this article, we will take a look at some of the top Asian banks and the rates they offer on fixed deposits in 2023. Thai Banks Kasikornbank is one of the largest banks in Thailand and offers fixed deposit rates ranging from 0.75% to 1.25% for terms ranging from 3 months to 5 years.  Bangkok Bank offers rates ranging from 0.50% to 1.25% for terms ranging from 1 month to 5 years.  Siam Commercial Bank offers rates ranging from 0.50% to 1.25% for terms ranging from 1 month to 5 years. Malaysian Banks Maybank is one of the largest banks in Malaysia and offers fixed deposit rates ranging from 1.50% to 2.50% for terms ranging from 1 month to 60 months.  Public Bank offers rates ranging from 1.50% to 2.50% for terms ranging from 1 month to 60 months.  CIMB Bank offers rates ranging f...

Fixed deposits are a popular investment option for many people in South America. They offer a guaranteed return on investment and are considered to be a safe investment option. In this article, we will take a look at the different banks in South America and the rates they offer on fixed deposits in 2023. Before we dive into the details, it is important to recall again and understand what fixed deposits are. A fixed deposit is a type of investment where you deposit a lump sum of money with a bank for a fixed period of time. The bank pays you a fixed rate of interest on your deposit, which is usually higher than the interest rate on a savings account. At the end of the fixed period, you can withdraw your deposit along with the interest earned. Now, let's take a look at the different banks in South America and the rates they offer on fixed deposits in 2023. Itaú Unibanco Holding SA Itaú Unibanco Holding SA is the largest bank in Latin America, with assets of $371.38 billion. The bank...

Fixed deposits are a popular investment option for many people in North America. They offer a guaranteed return on investment and are considered to be a safe investment option. In this article, we will take a look at the rates offered by North American banks for fixed deposits in 2023. The interest rates offered by banks for fixed deposits are influenced by various factors such as inflation, economic growth, and the monetary policy of the central bank. In 2023, the interest rates for fixed deposits are expected to be higher than the previous year due to the rise in inflation and the increase in the benchmark interest rate by the central bank. According to DepositAccounts, an online platform that tracks interest rates offered by banks, the average interest rate for fixed deposits in North America is expected to be around 2.5% to 3.5% in 2023. However, the rates offered by individual banks may vary depending on their financial health, market conditions, and competition. In the United Sta...

Fixed deposits are a popular investment option for many people, especially those who want to earn a guaranteed return on their savings. In Europe, there are many banks that offer fixed deposit accounts with varying interest rates. In this article, we will take a closer look at some of the top European banks and the rates they offer in fixed deposits in 2023. Before we dive into the details, it's important to understand what fixed deposits are and how they work. A fixed deposit is a type of savings account where you deposit a lump sum of money for a fixed period of time, usually ranging from a few months to several years. In return, the bank pays you a fixed rate of interest on your deposit. The interest rate is usually higher than what you would earn on a regular savings account, but you cannot withdraw your money before the maturity date without incurring a penalty. Now, let's take a look at some of the top European banks and the rates they offer in fixed deposits in 2023. Deu...