Your question: Which bank is best for investment in Malaysia?

Which investment is the best in Malaysia?

The 3 Most Trusted Investment Types In Malaysia To Multiply Your Savings Fund!

  • Unit trust.
  • Fixed Deposit (FD)
  • Investment-linked Insurance Plan (ILP)


Which Malaysian banks should you invest in?

Top five banks in Malaysia to invest in

  • Bank Islam Malaysia Bhd (BIMB) Malaysia is one of the leading countries in Islamic finance and BIMB being the leading Islamic bank in the country certainly deserves our attention. …
  • Malayan Banking Bhd. …
  • Hong Leong Bank Bhd. …
  • Public Bank Bhd. …
  • CIMB Group Bhd.


Which bank is best for investment?

Summary of Best Banks to Buy now in India

Sr. No. Company Name BSE Scrip Code
1 HDFC Bank Ltd. 500180
2 Kotak Mahindra Bank Ltd. 500247
3 ICICI Bank Ltd. 532174
4 Axis Bank Ltd. 532215

Which bank has highest fixed deposit rate in Malaysia?

The highest interest rate recorded in this month’s round-up is 2.35% (Agrobank; 12-month FD), whereas the lowest stood at 1.65% (Kuwait Finance House Malaysia; 1-month FD).

Monthly Update.

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Bank Name Maybank
Product Name Maybank Fixed Deposit
Minimum Deposit RM1,000
Interest/Profit Rate 1.80%
Profit on RM10,000 RM135.00

Which business is most profitable in Malaysia?

Best Profitable Business Ideas In Malaysia 2020

  • IT Business. …
  • Departmental store. …
  • Construction or real estate business. …
  • Furniture Factory or Show room. …
  • Restaurant business. …
  • Laundry. …
  • Tourism. …
  • Oil and gas.


What is the safest form of investment?

For example, certificates of deposit (CDs), money market accounts, municipal bonds and Treasury Inflation-Protected Securities (TIPS) are among the safest types of investments. … Money market accounts are similar to CDs in that both are types of deposits at banks, so investors are fully insured up to $250,000.

Which Malaysia bank pays highest dividend?

Full Malaysia Dividend stocks list

Company Dividend Payout
Malayan Banking 6.36% 86.67%
Genting Malaysia BHD 6.35% -50.00%
British Amer Tob Mal 6.34% 97.65%
Astro Malaysia Holdi 5.73% 31.58%

Which bank is safe in Malaysia?

Maybank Ranked As Malaysia’s Safest Bank And One Of The Safest In Asia.

Is Maybank better than CIMB?

Maybank Bhd, given its status as the biggest bank and with more income stream, holds a more premium PE at 12, while CIMB is closely behind with a PE of 10. So it’s up to investors to decide whether they would opt for a lower PE and lower dividend yield CIMB Bhd or higher PE and higher dividend yield Maybank Bhd.

What are the big 4 investment banks?

Largest full-service investment banks

  • JPMorgan Chase.
  • Goldman Sachs.
  • BofA Securities.
  • Morgan Stanley.
  • Citigroup.
  • UBS.
  • Credit Suisse.
  • Deutsche Bank.
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Where can I invest money safely?

Top 10 investment options

  • Direct equity. …
  • Equity mutual funds. …
  • Debt mutual funds. …
  • National Pension System (NPS) …
  • Public Provident Fund (PPF) …
  • Bank fixed deposit (FD) …
  • Senior Citizens’ Saving Scheme (SCSS) …
  • Pradhan Mantri Vaya Vandana Yojana (PMVVY)


Which is best investment?

Mutual Fund

Even though the risk exposure in mutual fund investment is higher, it offers much better returns as compared to other best investment options in the market. The two major investment options offered by mutual funds are: Equity Mutual Fund: Equity funds are market-linked securities.

Which bank is safe for fixed deposit?

Fixed Deposit Interest Rates

Bank name Tenure Interest rate (%) per annum
IDFC Bank 91 days to 180 days 6.75
Kotak Mahindra Bank 181 to 363 days 6.5
SBI 180 to 210 days 6.35
Axis Bank 6 months to 8 months 29 days 6.25

Which bank has highest interest rate in Malaysia?

Here are some of the best high interest savings accounts in Malaysia.

  • Standard Chartered Privilege$aver.
  • RHB Smart Account/-i.
  • UOB Stash.
  • Hong Leong Bank Pay&Save Account.
  • Alliance SavePlus Account.
  • OCBC 360.
  • UOB One Account.
  • OCBC FRANK Account.

What is better than fixed deposit?

What are short term debt funds? Short term debt funds invest in bonds with a maturity period of one to three years. It is suitable for low-risk investors with a similar investment horizon. It is a tax-efficient investment as compared to fixed deposits for investors in the higher tax brackets.

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