Fixed Deposit Rate For Malaysian Banks 2009

Posted by Kris | Sunday, January 04, 2009 | | 2 comments »

A wealth of info to be gained at

Here is the link to the table for interest rate given by various Malaysian institutionalized banks.

If you want to collect and HOLD local KLSE stocks for long term(bear market have a historically average 7 year cycle), banks are the way to go as they will usually go up first in any bull market. 

Which bank to buy? Simple common sense tells you that you should buy banks that make alot of money from lending out cash to borrowers. Currently the Base Lending Rate is at ~6.5%, give or take a few basis point. Different banks have different BLR rate.

Banks make money by lending "our money"(from our fixed deposit) to borrowers at profitable ~3% spread. Have a look at the chart below and you will notice which banks are the "stingiest" in terms of giving our interest rates to depositors. The less they give the more they earn!!

Nevertheless, there are multiple factors that need to be considered before dumping your money into banking stocks.


  1. Anonymous // 11:48 PM  

    Bear market last in average 12 to 18 months, with 2001-2003 market last longer. We are at 13 months now.

  2. Kris // 12:49 AM  

    I think most Malaysian still don't really feel the heat of recession. They sure shop like hell during the long holiday break.