Huge difference in Interest rates !

DKMR
By DKMR

Hi Can anyone suggest which is the best bank in Qatar to make a Fixed deposit for 6 months. I have just sold my car and need to park money for 6 months before I buy next car.

I also see huge difference in interest rates for same duration - (much higher from Doha bank & Ahlibank while much lower from CBQ/QNB/IBQ)

I dont understand this - the rates at Dohabank/Ahlibank are almost double than other banks! Any possible reasons for such differences? ... THANKS

By rog_alpha• 27 Nov 2009 09:10
Rating: 4/5
rog_alpha

Best way buy Gold and keep it with you. It's going to be double in 2-3 yrs. In-average, you will get atleast3-5% per month. No new resource have been found for gold in last couple of years as well as cost of getting gold from mines are increasing as it gets deaper.

By DKMR• 27 Nov 2009 08:56
Rating: 3/5
DKMR

Hunk Said ...

Buddy i suggest you try your luck in millionaire scheme.

No loss only have to be patience....

What is that millionaire scheme and where do I find one .. pardon my ignorance but am here for few months only.

By anonymous• 27 Nov 2009 06:16
Rating: 4/5
anonymous

Banks r free to fix their interest rates. Whilst one bank pays 0.5% for savings deposit, another one is offering 5% ! You can choose the one most suits or benefits you.

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