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#deposit — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #deposit, aggregated by home.social.

  1. New #retirement #lottery scheme slammed by critics
    "the scheme could appear more attractive than depositing money in a bank, where savings interest rates are less than 1%, offering little incentive to save. #Thai #commercial #banks have a very high #interest #spread -- the difference between #deposit and #lending rates -- of 5-7%, allowing them to reap large #profits, said Mr Aat. In contrast, banks in #Singapore and #Malaysia operate with spreads of only around 2%"🧐 #BOT
    bangkokpost.com/business/gener