Find out which term deposits yield the most

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This type of savings account has gained appeal among risk-averse users.


If you are among those who have managed to save some of your National Holiday bonus to start a savings fund or are part of those who have been saving a surplus for months that they want to see grow, you could opt for term deposits in financial institutions.
This type of product is ideal for risk-averse users who are not willing to subject their money to the ups and downs of the stock market and who plan to withdraw their money within a period of about a year.
IN NATIONAL CURRENCY According to tunisia number screening the Superintendency of Banking, Insurance and AFP (SBS), term deposits from banks, savings banks and financial institutions offer returns ranging from 1.25% (Interbank) to 6.5% (Financiera Universal) for 360-day accounts in soles.
The Rural Bank Señor de Luren, the Municipal Bank of Pisco and the Banco Azteca are among the entities that provide an annual profit of 6% to users. Other banks that pay high rates are Ripley (5.2%), Financiero (5%), Falabella (5%) and the Banco de Comercio (4.5%).
Among microfinance institutions, the returns of the Caja Municipal de Tacna (5.79%), the Caja Rural Credinka (5.6%) and the Caja Municipal de Sullana (5.4%) also stand out.
IN DOLLARS If the savings are in US currency, the Annual Effective Rate of Return (TREA) offered by the same entities in the same period is lower and varies between 0.25% (Citibank) and 3.5% (Financiera TFC SA), indicates the regulatory body.
For example, Banco Azteca, Banco Financiero, Banco de Comercio and Mibanco offer returns of 3%, 2.5% and 2.05% , respectively. In microfinance institutions and large banks, this is even lower, details the SBS.