how much to deposit to earn $725,000 a month – Diario El Ciudadano y la Región

how much to deposit to earn $725,000 a month – Diario El Ciudadano y la Región
how much to deposit to earn $725,000 a month – Diario El Ciudadano y la Región


The interest rate does not stop falling

The fixed term changed after the banks lowered the interest rate of this economic tool and affected all savers who usually use this type of investment.

The decision made by the banks to change each fixed term that is made was made after the Central Bank reduced the monetary policy rate.

With this decision, most banks It brought the interest rate of each fixed term to an average of 30% annually, far from the 133% that was offered in the first days of December.

Fixed term: which banks offer the best interest rate

Currently, banks are offering the following interest rate, after a further reduction, for each fixed term:

French Bank: 28% annual interest rate for each fixed term
Banco Ciudad: 31% annual interest rate for each fixed term
Banco Galicia: 30% annual interest rate for each fixed term
Banco Nación: 30% annual interest for each fixed term
HSBC Bank: 32% annual interest for each fixed term
Banco Patagonia: 30% annual interest for each fixed term
ICBC Bank: 28% annual interest for each fixed term

Fixed term: how much to deposit to earn $725,000 per month

In the event that a person wants to obtain a profit of $725,000 in 30 days through a fixed term, you will need to take into account that the interest rate changed and is no longer more than 40%, but most banks now offer 30% per year. In that case, to win that sum, you will then need to deposit $29,402,778.

 
For Latest Updates Follow us on Google News
 

-

PREV BIST 100 opens the day in positive territory this June 27
NEXT Brussels’ main index registers gains at the market opening on June 27