Interest rate update on March 3, the only bank listed an interest rate of 6%

Illustration: Hai Nguyen.

Two banks listed interest rates of 6%

According to Lao Dong, as of early March, there are two banks currently listing an interest rate of 6%/year: Orient Commercial Joint Stock Bank (OCB) and Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank).

Specifically, OCB's online deposit interest rates and end-of-term interest payment method are listed as follows:

1-month deposit interest rate is 3.0%/year.

3-month deposit interest rate is 3.2%/year.

Interest rate on 6-month deposits is 4.6%/year.

Interest rate on 9-month term deposits is 4.7%/year.

12-month deposit interest rate is 4.9%/year.

Interest rate on 18-month term deposits is 5.4%/year.

Interest rate on 36-month term deposits is 6.0%/year.

OCB deposit interest rates at different terms. Screenshot.

Specifically, Sacombank's traditional deposit interest rates and end-of-term interest payment method are listed as follows:

1-month deposit interest rate is 2.4%/year.

3-month deposit interest rate is 2.7%/year.

Interest rate on 6-month deposits is 3.7%/year.

Interest rate on 9-month term deposits is 4%/year.

12-month deposit interest rate is 4.8%/year.

Interest rate on 18-month term deposits is 5.4%/year.

Interest rate on 36-month term deposits is 6.0%/year.

Sacombank's deposit interest rates at different terms. Screenshot.

Apart from OCB and Sacombank, the remaining banks all listed interest rates below 36%/year for a 36-month term. This interest rate is also completely absent for shorter terms at the banks.

Top banks with the highest interest rates for 36-month terms

Currently, the names holding the highest interest rate ranking at 36-month term are OCB and Sacombank, both holding the interest rate of 6.0%/year.

Following are 2 banks currently listing deposit interest rates of 5.8%/year for a 36-month term, including Vietbank, SHB and Oceanbank.

The next highest interest rate for a 36-month term is 5.7%/year listed by MBbank.

Source: https://laodong.vn/kinh-doanh/cap-nhat-lai-suat-ngay-33-ngan-hang-duy-nhat-niem-yet-muc-lai-suat-6-1310587.ldo