Despite a slight reduction in interest rates for the above two terms, in general deposit interest rates at these terms still increased compared to last month, because HDBank previously increased the interest rates for these terms by 0.3%/year.
HDBank, along with OCB and OceanBank, are rare banks that maintain deposit interest rates of 6%/year.
In addition to adjusting deposit interest rates for 12-18 month terms, interest rates for the remaining terms remain unchanged.
Besides HDBank and VPBank, deposit interest rates at the remaining banks remained unchanged.
DEPOSITS INTEREST RATE AT BANKS ON MAY 30 (%/YEAR)BANK1 MONTH3 MONTHS6 MONTHS9 MONTHS12 MONTHS18 MONTHSAGRIBANK1,61,9334,74,7BIDV22,33,33,34,74,7VIETINBANK1,82,13,13,14,74,7VIETCOMBANK1,61,92,92,94,64,6ABBANK2,934,74,15,24,1ACB2,52,93,53,84,54,6BAC A BANK3,13,34,64,75,45,5BAOVIETBANK33,254,34,44,75,5BVBANK3,23,44,74,65,35,5CBBANK3,43,65,155,15,35,55DONG A BANK2,8344,24,54,7EXIMBANK33,34,14,14,95,1GPBANK2,53,024,354,65,155,25HDBANK3,253,254,94,75,56,1KIENLONGBANK334,755,25,5LPBANK2,62,744,155,6MB2,633,944,84,7MSB3,53,54,14,14,54,5NAM A BANK2,73,44,34,75,15,5NCB3,43,74,855,055,45,9OCB33,24,64,74,95,4OCEANBANK2,93,244,15,45,9PGBANK2,93,24,24,255,2PVCOMBANK3,153,154,34,34,85,3SACOMBANK2,73,244,14,95,1SAIGONBANK2,32,53,84,155,6SCB1,61,92,92,93,73,9SEABANK2,72,93,63,84,455SHB3,13,24,54,655,3TECHCOMBANK2,753,053,953,954,654,65TPBANK33,34,24,95,3VIB2,83,14,14,14,9VIET A BANK33,34,54,555,3VIETBANK33,44,64,65,25,8VPBANK2,93,24,44,455
According to statistics from the beginning of May 2024, there are a series of banks increasing deposit interest rates including: ACB, VIB, GPBank, NCB, BVBank, Sacombank, CB, Bac A Bank, Techcombank, TPBank, PGBank, SeABank, Viet A Bank , ABBank, VPBank, HDBank, SHB, VietBank and MB.
Among them, ABBank is the bank that has increased interest rates 4 times, while VIB has also experienced 3 increases since the beginning of the month.
CB banks, SeABank, NCB, Techcombank, Bac A Bank, BVBank, PGBank, HDBank are banks that have increased interest rates twice.
In contrast, VietBank is the bank that adjusted to reduce deposit interest rates at all terms, while MB reduced deposit interest rates for 12-month terms, VIB reduced deposit interest rates for 24 and 36 month terms, VPBank reduced interest rates for 24 – 36 month terms, HDBank reduced interest rates for 15 – 18 month terms.
However, the interest rates of the above group of banks decreased by 0.1%/year, lower than the increase in deposit interest rates of these banks themselves.