Sunday, October 1, 2023

Invest safely and profitably with a CDT

CDTs are a good option for people looking for a safe and profitable way to invest their money for the short term.

Nowadays many people are looking for something new Alternatives to investing money in a safe and profitable way. That’s why it is CDT They become an excellent option.

CDTs are term deposit certificates, Used as a savings instrument where people make a loan to a bank so that it can invest the money and then return it with a return commensurate with their investment. This loan can have a term of 3,6 or 12 months.

There are a variety of facilities in Bogotá Banking who offer this type of Term Deposit Certificates (CDT). Here we tell you the advantages of purchasing one.

  • Security: The CDTs are protected by the government up to a value of 20 current legal monthly minimum wages.

  • Cost effectiveness: CDTs can carry a fixed or variable interest rate, which is typically higher than savings accounts.

  • Liquidity: CDTs are a way to invest short-term money and can be withdrawn at any time without paying a penalty.

According to the Financial supervision These are the banks with the best interest rates for their investors:

  • For a period of 3 months

  • Banco Union: 14.51%.

  • Buy 14.41%.

  • Bank of the West: 14.30%.

  • Falabella Bank: 13%.

  • Popular Bank: 12.12%.

  • For a period of 180 days:

  • Financiera Juriscoop: 15.22%.

  • Banco Falabella: 14.82%.

  • Let’s grow: 14.12%.

  • Bank of the West: 13.30%.

  • BBVA: 12.95%.

  • For a period of 360 days:

  • Corficolumbia: 16.44%.

  • Bancamía: 15.47%.

  • RCI: 15.42%.

  • Banco Falabella: 13.35%.

  • Bank of the West: 13.15%.

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
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