So you want the world's highest bank deposit interest rates?


1. ICBC Argentina
Country: Argentina
Deposit Type: 1 Year Term Deposit
Interest Rate: 28.59%
National Inflation Rate: 11.9%
Currency performance against USD this year: -24.79%
Advisory: Currency rate is devaluing too fast


2. Sina Bank
Country: Iran
Deposit Type: 1 Year Fixed Term Deposit
Interest Rate: 22%
National Inflation Rate: 30.3%
Currency performance against USD this year: -0.33% (Official, may differ from black market rates)
Advisory: Country is under international sanctions

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3. Ukrsotsbank
Country: Ukraine
Deposit Type: 6 Month Term Deposit
Interest Rate: 19.50%
National Inflation Rate: 10.9%
Currency performance against USD this year: -42.43%
Advisory: Political crisis with Russia, currency in freefall

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4. Khan Bank
Country: Mongolia
Deposit Type: 1 Year Term Deposit
Interest Rate: 15.5%
National Inflation Rate: 12.3%
Currency performance against USD this year: -9.6%
Advisory: Currency rate is eroding sharply

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5. Swedbank Estonia
Country: Estonia
Deposit Type: 1 Year Term Deposit
Interest Rate: 12.47%
National Inflation Rate: 0.1%
Currency performance against USD this year: -0.77% (Estonia uses Euro)


6. Bank of Baroda
Country: Uganda
Deposit Type: 1 Year Fixed Term Deposit
Interest Rate: 12%
National Inflation Rate: 5.4%
Currency performance against USD this year: -1.03%

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7. KBZ Bank
Country: Myanmar
Deposit Type: 1 Year Fixed Term Deposit
Interest Rate: 10%
National Inflation Rate: 6.3%
Currency performance against USD this year: +2.46% (Official, may differ from black market rates)
Advisory: Country is still under international sanctions

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8. Bank of Syria and Overseas
Country: Syria
Deposit Type: 1 Year Fixed Term Deposit
Interest Rate: 10%
National Inflation Rate: Last estimated 68%
Currency performance against USD this year: -5.3% (Official, may differ from black market rates)
Advisory: Country is in civil war


9. CBZ Bank
Country: Zimbabwe
Deposit Type: 1 Year Fixed Term Deposit
Interest Rate: 10%
National Inflation Rate: 0.3%
Currency performance against USD this year: Zimbabwe has adopted the USD, EUR and ZAR as official currency
Advisory: Country has little respect for foreign assets

Source:

http://www.deposits.org