samuibeachcomber Posted August 13, 2008 Share Posted August 13, 2008 bank manager gave me a brochure that claimed 14% return,i kindly thanked him but did n't want to upset my blood pressure.I was amazed a bank would offer such an account. Anyone interested? Link to comment Share on other sites More sharing options...
Samui Coconut Posted August 13, 2008 Share Posted August 13, 2008 (edited) bank manager gave me a brochure that claimed 14% return,i kindly thanked him but did n't want to upset my blood pressure.I was amazed a bank would offer such an account.Anyone interested? 14 % ???? sounds too good to be true......where is the catch ? Min. amount ? Min. time ? Edited August 13, 2008 by Samui Coconut Link to comment Share on other sites More sharing options...
Samuian Posted August 13, 2008 Share Posted August 13, 2008 till 1997 Thai Banks have been competing in savings account interests! 12-15% was "normal" a small Thai Bank even offered 16.75%! This one went "under" after the crash! Even in Australia in the mid Eighties one could enjoy up to 18% Interest with the Commonwealth Bank! Thai Banks didn't give interest since the crash...not to foreigners anyway - farang - kii nok's Link to comment Share on other sites More sharing options...
samuibeachcomber Posted August 13, 2008 Author Share Posted August 13, 2008 I got a brochure but all in thai(was n't really interested,not a gambler) inside the brochure it it shows a graph where if the price of oil is upwards of 130usd. a barrell,earnings forcast between 11% and 14%.Anything under 130usd a barrell................well just bad luck,try next time.I gues i was just amazed at a bank doing this kind of account. Link to comment Share on other sites More sharing options...
Samuian Posted August 13, 2008 Share Posted August 13, 2008 (edited) I am not a gambler either - but enjoyed over 6 years a very nice interest rate - so did a few of my friends, if the deposit on a fixed account (3 months) was high enough one could easily live here o the interest alone! ah well.. guess the y need money, liquidity... I thought there is a Pub in Germany where they sell beer as on the stock exchange... I think it is even named "Beer Stock Exchange" Edited August 13, 2008 by Samuian Link to comment Share on other sites More sharing options...
NHJ Posted August 14, 2008 Share Posted August 14, 2008 does someone have some details about saving in thailande, different offers etc. thanks in advance. Link to comment Share on other sites More sharing options...
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