Bhutan Interest Rates

The Bhutanese economy, with a population of 742.7 thousand (Est 2012), ranks 156th in the world with a GDP PPP of $4.7 Billion and GDP PPP per capita of $6,370 vs. 53,101 (United States) according to the IMF in 2013. Its currency is the Bhutanese Ngultrum (BTN) that is issued by the Royal Monetary Authority of Bhutan (www.rma.org.bt). The local banks within the country offer standard international bank products that include current accounts, fixed deposits, savings account, foreign currency accounts as well as recurring deposits. According to the CIA.gov website, its inflation was 11% in 2013 and 10.9% in 2012.

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Bhutan Bank Photos

Bhutan Banks

Showing rates for 4 Bank deposit providers in Bhutan.
Provider Branch Founded Ownership
Bhutan Development Bank Bhutan Development Bank 33 1988 Local
Bank of Bhutan Bank Of Bhutan 28 1968 Local
Bhutan National Bank Bhutan National Bank 12 1980 Foreign
T bank T Bank 4 2010 Local

Bhutan Discussion Activity

  • Deposits
    Q: Can I have different types of interest rates?

    Reply Cheten from Thimphu, Bhutan
  • Deposits
    Q: May I know the interest rate of RD

    Reply Zangmo from Thimphu, Bhutan
  • Deposits
    Q: I am currently here in Perth. Is it possible to open a fixed deposit account from here? Thank you.

    Reply Bindiya from Australia
  • Bhutan Development Bank
    Q: what is the current saving deposit interest rate?

    Reply Tshering from Thimphu, Bhutan