All reduced, which bank has high interest rate?

From July 3, Tien Phong Bank ( TPBank ) reduced interest rates by 0.3 percentage points for deposits with terms from 6-18 months. Accordingly, interest rates for terms from 6-18 months are only 6.7%/year.

This new interest rate brings the 6-18 month terms to the same level as TPBank’s 24-36 month terms. Previously, this bank had announced a 3-time reduction in deposit interest rates in June.

An Binh Bank ( ABBank ) has also just announced a reduction in deposit interest rates for all terms, with a reduction of 0.2 percentage points for terms of 6-12 months and a reduction of 0.4 percentage points for terms of 13 months or more.

Online deposit interest rates for 6-7 month terms have dropped to 7.5%/year. 8-9 month terms are now 7.55%/year; 10-12 month terms are now 7.6%/year. Deposit terms of 13 months or more are now only 7.4%/year.

Saigon Bank for Industry and Trade ( Saigonbank ) also reduced its deposit interest rates from today. The reduction is 0.2 percentage points for deposits with terms of 6 months or more.

Currently, online deposits with a term of 6-8 months at Saigonbank are 6.8%/year. Terms of 9-11 months are 6.9%/year; terms of 12, 18, 24 and 36 months are 7.2%/year. Terms of 13 months currently have the highest interest rate of 7.8%/year.

Nam A Bank announced a 0.3 percentage point reduction in deposit interest rates for terms from 6 months to 11 months. The 6-month term is now 7.3%/year; the 7-8 month term is now 7.6% and 7.5%/year, respectively; the 9-11 month term is now only 7.4%/year.

Meanwhile, NamA Bank has kept the interest rate for deposits with terms of 12 months or more at the same level. Specifically, the 12-14 month term is 7.7%/year; the 15-36 month term is 7.5%/year.

The sharpest decrease belongs to Saigon - Hanoi Bank ( SHB ) when interest rates for terms of 12 months or more simultaneously decreased by 0.5 percentage points, to 7.2%/year from today.

For the remaining terms, SHB reduced 0.2 percentage points for 6-month deposits to 7%/year, and reduced 0.1 percentage points to 7.1%/year for deposits with terms of 7-11 months.

Vietnam Export Import Bank ( Eximbank ) also reduced deposit interest rates for some terms from today. The change took place with 6-month and 12-month deposits with a decrease of 0.2 percentage points.

Interest rate for 6-month deposits at Eximbank is still 7.3%/year; 12-month deposits are still 7.4%/year.

The remaining terms still maintain the old interest rates. Specifically, the interest rate for the 9-month term is 7.5%/year, and for the 15-36-month term is 7.6%/year.

HIGHEST DEPOSITS INTEREST RATE TABLE ON JULY 3, 2023 (%/year)
BANK	1 MONTH	3 MONTHS	6 MONTHS	9 MONTHS	12 MONTHS	18 MONTHS
CBBANK	4.2	4.3	7.85	7.95	8.15	8.25
VIETBANK	4.75	4.75	7.6	7.7	7.7	7.5
BACA BANK	4.75	4.75	7.6	7.7	7.8	7.9
GPBANK	4.75	4.75	7.55	7.65	7.75	7.85
ABBANK	4.75	4.75	7.5	7.55	7.6	7.4
EXIMBANK	4.75	4.75	7.5	7.5	7.6	7.6
VIETA BANK	4.6	4.6	7.4	7.4	7.6	7.6
HDBANK	4.25	4.25	7.3	6.9	7.3	7.1
NCB	4.75	4.75	7.3	7.4	7.6	7.5
OCB	4.6	4.75	7.3	7.4	7.6	7.4
NAMA BANK	4.75	4.75	7.3	7.4	7.7	7.5
OCEANBANK	4.75	4.75	7.3	7.4	7.5	7.8
PGBANK	4.75	4.75	7.3	7.3	7.5	7.5
MSB	4.75	4.75	7.3	7.3	7.4	7.4
VPBANK	4.65	4.65	7.1	7.2	7.1	6.3
BVBANK	4.4	4.7	7.1	7.4	7.7	7.8
PVCOMBANK	4.25	4.25	7	7.4	7.7	7.8
BAOVIETBANK	4.6	4.7	7	7.1	7.7	7.6
SHB	4.75	4.75	7	7.1	7.2	7.2
TECHCOMBANK	4.75	4.75	6.9	6.9	6.9	6.9
SCB	4.75	4.75	6.85	6.85	6.95	6.85
SAIGONBANK	4.75	4.75	6.8	6.9	7.2	7.2
SEABANK	4.75	4.75	6.8	6.95	7.1	6.9
VIB	4.75	4.75	6.8	6.8		7
KIENLONGBANK	4.75	4.75	6.7	6.9	7.1	7.3
TPBANK	4.75	4.75	6.7		6.7	6.7
SACOMBANK	4.75	4.75	6.6	6.9	7.2	7.35
LPBANK	4.55	4.55	6.4	6.4	6.6	7.4
MB	4.55	4.55	6.4	6.5	7	6.8
AGRIBANK	4.3	4.5	5.7	5.7	6.3	6.3
BIDV	4	4.5	5.6	5.6	6.3	6.3
VIETCOMBANK	3.6	4.3	5.2	5.2	6.3	6.3
VIETINBANK	3.4	4.1	5	5	6.3	6.3