Saturday, 25 November 2017

Interest Rates Bulletin

Deposits in Jordanian Dinars
Below are the interest rates offered by Jordan Kuwait Bank on clients’ deposits in Jordan Dinars:

Account Type Annual Interest Rate
Saving Accounts 0.75%
Golden Saving Accounts 1.00%
Notice Deposit Accounts 0%

Fixed Deposits in Jordanian Dinar

Amount 1 month 3 months 6 or 9 months 12 months
5,000 – 10,000 3.00% 3.25% 3.50% 4.00%
10,001 – 20,000 3.00% 3.25% 3.50% 4.00%
20,001 – 50,000 3.00% 3.25% 3.50% 4.00%
50,001 – 100,000 3.00% 3.25% 3.50% 4.00%
100,001 – 200,000 3.00% 3.25% 3.50% 4.00%
More than 200,000 3.00% 3.25% 3.50% 4.00%

Deposits of (1,000 – 4,999) are fixed with the same rate given to saving accounts. 

Deposits in foreign currencies
Below are the interest rates offered by Jordan Kuwait Bank on clients’ deposits in foreign currencies:

Euro Sterling Pound US Dollar Account Type
0 0 0 Current Accounts
0 0 0.500 Saving Accounts
0 0 0.750 Golden Saving Accounts
0 0 0 Notice Deposit Accounts

Fixed Deposit in US Dollar

Amount 1 month 3 months 6 months 12 months
5,000 – 29,999 0.750 1.000 1.250 1.500
30,000 – 99,999 0.750 1.000 1.250 1.500
100,000 – 249,999 0.750 1.000 1.250 1.500
More than 250,000 0.750 1.000 1.250 1.500

Fixed Deposit in Sterling Pound

Amount 1 month 3 months 6 months 12 months
3,000 – 29,999 0.250 0.250 0.250 0.250
30,000 – 99,999 0.250 0.250 0.250 0.250
More than 100,000 0.250 0.250 0.250 0.250

Fixed Deposits in Euro

Amount 1 month 3 months 6 months 12 months
10,000 – 49,999 0 0 0 0
50,000 – 249,999 0 0 0 0
More than 250,000 0 0 0 0

Deposits in foreign currencies with amounts less than the minimum limits mentioned above are fixed with the same rate given to saving accounts

Deposits in Israeli Shekel
Below are the interest rates offered by Jordan Kuwait Bank on clients’ deposits in Israeli Shekel:

Account Type Annual Interest Rate
Current Account 0 %
Saving Account 0 %
Golden Saving Account 0%
Notice Deposit Account 0%

 

Discounted Certificates of Deposit  (Jordan Branches Only)
CDs are issued starting from 10,000 USD and multiples of 1,000.

36 months 30 months 24 months 18 months 12 months   Currency
2.00% 1.75% 1.50% 1.25% 1.00% Yield USD
94.33 95.80 97.08 98.15 99.00 Price/100