Higher FD Rates In The Pipeline
The Morning Run Crew
17-Oct-17 07:45
Embed Podcast
You can share this podcast by copying this HTML to your clipboard and pasting into your blog or web page.
Close
The Morning Run crew gives you their take on today's business headlines:
0:33 - With the deadline to hold more stable funds under Basel III looming closer, banks are positioning to offer higher fixed deposit rates.
5:50 - Affin Bank is competing for mostly longer-term deposits to boost its net stable funding ratio to at least 100% from about 70% currently. It is looking to boost its consumer banking business.
6:40 - We also take a look at the latest auto sales figures -- that is often a good barometer of consumer sentiment. Vehicle sales dropped some 15% to 40,981 units in September. This could be due to shorter working month.
7:43 - Meanwhile, Rolls-Royce sees stronger demand for super-luxury cars in Malaysia. Rolls-Royce Motor Cars Kuala Lumpur expects demand for super-luxury automobiles will continue to be strong in Malaysia, with the domestic market having a penchant for “some of the most bespoke Rolls-Royce cars”.
Presented by: Joyce Goh , Khoo Hsu Chuang , Sharaad Kuttan
This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.
Categories:
Tags: Fixed deposits, deposits, interest rates, OPR