Which bank has an interest rate of more than 8% for a term of less than 1 year?

On the morning of June 15, TPBank announced a reduction in deposit interest rates. The deposit interest rate decreased by 0.1 - 0.2 percentage points compared to yesterday. This is the second time this month that the bank has adjusted deposit interest rates in a downward direction.

Specifically, the terms of 6 months, 12 months and 18 months are all at 7.3%/year. The interest rate for the 24-month term is 7.2%/year and the term of 36 months is 7.1%/year.

Notably, TPBank is the only bank to announce a reduction in interest rates today.

Comparing the interest rates between banks at present, ABBank is the bank with the most attractive interest rates for depositors, for all terms from 6 months to 60 months. Term 6-10 months is 8.2%/year; term 11-13 months is 8.3%/year; term 15 months is 8.4%/year; term 18-60 months is 8.5%/year.

Coming in second is GPBank, with an electronic savings interest rate of 8.1% per year for a 6-month term. The 9-month term is 8.2% per year; the 12-month term is 8.3% per year; and terms of 13 months or more have an interest rate of 8.4% per year.

Currently, ABBank and GPBank publicly announce interest rates of over 8% for deposits with terms of less than 12 months.

Some banks with the lowest 6-month term deposit interest rates currently include: VietinBank, Vietcombank, BIDV, Agiribank, Sacombank, Kienlongbank, MB with interest rates from 6 - 6.7%/year.

Meanwhile, there are a few more banks listing interest rates above 8%/year for a 12-month term, including: CBBank, PVCombank.

Since the beginning of June, the market has recorded 18 banks reducing deposit interest rates, including: TPBank, BaoViet Bank, GPBank, BIDV, Sacombank, VIB, HDBank, NCB, OCB, BVBank, VPBank, SCB, VietA Bank, TPBank, SHB, HDBank, KienLongBank, and Saigonbank.

Of which, TPBank, NCB, VietA Bank, HDBank, and SCB are the banks that have reduced interest rates twice since the beginning of the month.

HIGHEST DEPOSITS INTEREST RATE TABLE TODAY 6/15 (%/year)
BANK	1 MONTH	3 MONTHS	6 MONTHS	9 MONTHS	12 MONTHS	18 MONTHS
ABBANK	5	5	8.2	8.2	8.3	8.5
GPBANK	5	5	8.1	8.2	8.3	8.4
NAMA BANK	5	5	7.9	7.8	7.8	7.6
CBBANK	4.8	4.9	7.85	7.95	8.15	8.25
OCB	4.8	4.95	7.8	7.9	7.9	7.7
VIETBANK	5	5	7.8	7.7	7.8	7.8
NCB	5	5	7.7	7.7	7.9	7.8
HDBANK	5	5	7.7	6.9	7.7	7.1
BACA BANK	5	5	7.7	7.8	7.9	8.1
VIETA BANK	4.8	4.8	7.6	7.6	7.8	7.8
OCEANBANK	5	5	7.6	7.7	7.8	8.1
BAOVIETBANK	5	5	7.5	7.6	7.9	7.6
PVCOMBANK	4.5	4.5	7.5	7.9	8.2	8.3
EXIMBANK	5	5	7.5	7.5	7.6	7.6
VIB	5	5	7.4	7.5		7.6
VPBANK	4.9	4.9	7.4	7.7	7.4	6.6
SCB	5	5	7.35	7.35	7.45	7.25
TPBANK	4.8	5	7.3		7.3	7.3
SEABANK	5	5	7.3	7.33	7.8	7.41
PGBANK	5	5	7.3	7.3	7.5	7.5
MSB	5	5	7.3	7.3	7.4	7.4
SHB	5	5	7.2	7.2	7.7	7.7
SAIGONBANK	5	5	7.2	7.3	7.6	7.4
LPBANK	4.8	4.8	7.2	7.2	7.3	7.9
VIETCAPITAL BANK	4.5	4.8	7.1	7.4	7.7	7.8
TECHCOMBANK	4.7	4.7	6.9	6.9	6.9	6.9
KIENLONGBANK	5	5	6.7	6.9	7.1	7.3
SACOMBANK	5	5	6.6	6.9	7.2	7.35
MB	4.8	4.8	6.5	6.6	7.2	7.3
AGRIBANK	4.7	4.9	6.6	6.6	6.8	6.6
BIDV	4.6	5	6	6	6.8	6.8
VIETINBANK	4.5	4.9	6	6	6.8	6.8
VIETCOMBANK	4.5	5	6	6	6.8