What are the deposit and lending interest rates at Hai Duong Bank?

Interest rates for short-term loans at Big 4 banks from 5.5%/year (illustrative photo)

Surveyed at some joint stock commercial banks without State capital in the province, including Hai Duong branches of Sacombank, Bac A, SCB, VPBank, the interest rate of savings deposits with interest paid at maturity (interest received at maturity) for 3 months is around 3.5-3.6%/year, 6-month and 9-month terms are similar at 4.7-4.9%/year, 12-month terms are at 5.2-5.4%/year. The above interest rates increased by 0.2-0.4%/year for all terms compared to the interest rate schedule applied last month.

Bac A Bank alone has the highest interest rate among the surveyed banks. For savings under VND1 billion, the interest rate for 3-month term is 3.9%/year, for 6-month term is 5.15%/year, for 9-month term is 5.25%/year, for 12-month term is 5.75%/year. The interest rate for savings deposits from VND1 billion or more is 0.2%/year higher.

For the Big 4 state-owned banks (Agribank, BIDV, Vietcombank, VietinBank), the interest rate for 3-month term deposits is 2.2-2.3%/year, 6-month and 9-month terms is 2.9-3.2%/year, and 12-month terms is 4.6-4.7%/year.

Regarding lending interest rates at Big 4 banks, for individuals, regular loans have short-term lending interest rates around 6.5-6.8%/year, medium and long-term loans have lending interest rates around 9.1-9.3%/year. For businesses, short-term lending interest rates are from 6%/year, medium and long-term loans are from 9%/year.

In addition, many banks continue to implement preferential interest rate credit packages for both individual and corporate customers. Depending on each customer and specific credit package, short-term loan interest rates can range from 5.5-5.7%/year, medium and long-term from 6.5-7%/year, an increase of 0.5%/year compared to before.

HA KIEN

Source: https://baohaiduong.vn/lai-suat-huy-dong-va-cho-vay-o-ngan-hang-hai-duong-the-nao-389781.html