Friday, November 18, 2005
Bank Mandiri is offering gross interest of 13% p.a plus so-called incentive of 1.5% p.a. nett. If you have a hundred million, you will get Rp. 125.000,- in advance and a monthly interest of about Rp. 800.000,- at the end the month. In total, Rp. 925.000,- should be added to your bank account.
That’s the best return you can get for this month, I believe. Other major banks only offer less than 13% and without incentive. Next month, BI rate is predicted to be higher due to high inflation and therefore bank interest should follow suit.
Let’s see next month. Will Bank Mandiri still give the best offer or other banks too?
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That’s the best return you can get for this month, I believe. Other major banks only offer less than 13% and without incentive. Next month, BI rate is predicted to be higher due to high inflation and therefore bank interest should follow suit.
Let’s see next month. Will Bank Mandiri still give the best offer or other banks too?
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