USD Deposit Interest Rate Table (2023-09-01)
Introduction:
The China Bank has adjusted its USD deposit interest rates starting from September 1, 2023. This article aims to provide a detailed analysis of the interest rates offered by the China Bank for USD term deposits. The information is based on the USD Deposit Interest Rate Table (2023-09-01), which can be found on the official website of the Bank of China Panama Branch or obtained by contacting the bank's branches or calling +507-2059300.
Summary:
1. Benchmark Interest Rate:
1-year interest rate: 1.5%
2-year interest rate: 2.1%
3-year interest rate: 2.75%
2. China Bank:
1-year interest rate: 1.75%
2-year interest rate: 2.25%
3-year interest rate: 2.75%
5-year interest rate: 2.75%
3. Construction Bank:
1-year interest rate: 1.75%
2-year interest rate: 2.25%
3-year interest rate: 2.75%
5-year interest rate: 2.75%
4. Industrial and Commercial Bank:
1-year interest rate: 1.75%
2-year interest rate: 2.25%
3-year interest rate: 2.75%
5-year interest rate: 2.75%
5. Comparison of Deposit Rates among Banks:
The highest deposit rates for 2023:
Benchmark interest rate: 1 year 1.5%, 2 years 2.1%, 3 years 2.75%
China Bank: 1 year 1.75%, 2 years 2.25%, 3 years 2.75%, 5 years 2.75%
Construction Bank: 1 year 1.75%, 2 years 2.25%, 3 years 2.75%, 5 years 2.75%
6. Specific rates:
Industrial and Commercial Bank: 3-year term deposit rate 3.57%
Agricultural Bank of China: 3-year term deposit fixed rate 3.65%
Construction Bank of China: 3-year term deposit fixed rate 3.81%
Bank of China: 3-year term deposit fixed rate 3.65%
China Bank: 3-year term deposit fixed rate 3.81%
7. China Bank Term Deposit Rates:
Fixed-term deposits:
3-month interest rate: 1.35%
6-month interest rate: 1.55%
1-year interest rate: 1.75%
2-year interest rate: 2.25%
3-year interest rate: 2.75%
5-year interest rate: 2.75%
8. Conclusion:
The China Bank offers competitive interest rates for its USD term deposits, with various options ranging from short-term to long-term deposits. Customers can choose from a range of banks based on their individual preferences and investment goals.
Note: The specific information regarding USD deposit rates in 2023 will depend on market conditions and the policies of the Bank of China at that time.