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Friday, February 15, 2008

Philippine Time Deposit Rates (February 2008)

I asked around for current TD rates, with a minimum placement of P100,000 on a 90-day term. These are not comprehensive, just sharing what I was able to research:

First Country 8.25%
China Bank 3.88%
PBCom 3.75%
The Real Bank 3.50%
Planters Bank 2.75%
BPI 2.50%
BDO 2.25%

There were some concerns on First Country Rural Bank (and perhaps rural banks in general), so please refer to the PMT thread "First Country Rural Bank" for some background. There's also a "Peso Time Deposit Rates" thread you might want to check out.

Hope this helps.

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