16 banks have reduced interest rates by 0.1-0.9 percentage points.

(NLDO) – The number of banks reducing deposit interest rates is increasing, including some banks that have reduced interest rates five times.

A series of commercial banks reduced savings interest rates by 0.1-0.9 percentage points.

After the Prime Minister's telegram on February 24, requesting the State Bank to inspect and check capital mobilization interest rates, the number of commercial banks reducing interest rates has continuously increased.

Statistics from the State Bank show that there are currently 16 commercial banks reducing interest rates, with a reduction of 0.1-0.9%/year depending on the term, including the following banks: Ban Viet, Hang Hai, Vietnam Thuong Tin, Saigon Cong Thuong, Quoc Te, Bao Viet, Kien Long, Bac A, Viet A, Thinh Vuong and Phat Trien (PGbank), Xuat Nhap (Eximbank), Loc Phat, Nam A, Saigon Ha Noi (SHB), Quoc Dan (NCB) and VCBNeo (Bank for Foreign Trade of Digital Technology).

Accordingly, the most notable banks as of March 7 are Eximbank, which has reduced interest rates for counter and online deposits five times.

Previously, on March 6, VCBNeo reduced 0.15 percentage points on interest rates for terms of 6 months or more for all deposits at the counter and online.

On March 5, National Citizen Bank (NCB) reduced interest rates by 0.1 percentage points for terms from 1 to 60 months. Saigon - Hanoi Bank (SHB) reduced interest rates by 0.1 percentage points for terms from 6 to 15 months; reduced interest rates by 0.2 percentage points for terms from 12 and 18 months. Nam A Bank reduced interest rates by 0.3 percentage points for terms from 1, 3 and 5 months; reduced interest rates by 0.4 percentage points for terms from 2 months...

Source: https://nld.com.vn/da-co-16-ngan-hang-giam-01-09-diem-lai-suat-196250308121056595.htm